Wednesday, September 6, 2017

Turo Takes $92M More For Car Sharing Efforts

San Francisco-based car sharing startup Turo said today that it has raised $92M more, including a big investment from Daimler. According to Daimler Mobility Services, it was the lead investment in Turo's new funding round, which also included SK Holdings, Liberty Mutual, and Founders Circle Capital, plus the company's other existing investors. As part of the investment, Daimler said its own, peer-to-peer carsharing platform, Croove, will be combined with Turo; Croove offers up its services in Germany. More information »