Turo
TU
Turo operates a peer-to-peer car-sharing marketplace that allows travelers to rent vehicles from local hosts. The platform connects car owners with renters, facilitating a diverse selection of cars at competitive prices. This model enables owners to earn income while providing convenient access to vehicles for travelers in their communities.
Founded by Tara Reeves (Founder), Shelby Clark (Founder (CEO until 2011)), Nabeel Al-Kady (Co-founder)
Blended valuation$2B$2B secondary
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$5.3B
blended valuationfunding round
May 31, 2021$748.4MOct 5, 2026
All rounds
17 funding rounds, newest first.
| Round | Announced | Raised | Post-money |
|---|---|---|---|
| Growth | Mar 21, 2022 | $35.2M | $1.9B |
| Growth | Aug 7, 2021 | $35.2M | $1.2B |
| Series E | Feb 5, 2020 | $30M | $1.8B |
| Series E | Jul 17, 2019 | $250M | $1B |
| Series D | Sep 6, 2017 | $104M | $737.6M |
Join Legion to view all 17 rounds.Sign in to Legion
Investors
44 investors across all rounds.
- ACAugust Capital
- CPCanaan Partners
- A&Allen & Company
- KPKleiner Perkins
- TVTrinity Ventures
- SVShasta Ventures
- GVGoogle Ventures
- GSG Squared
- GMGeneral Motors Ventures
- WIWebb Investment Network
Only Legion members can view the full investor roster. Sign in to Legion
Secondary market activity
Recent buy and sell interest for Turo shares on the secondary market.
| Kind | Implied valuation | Price / share | Date |
|---|---|---|---|
| $1.6B | $5.07 | Oct 6, 2026 | |
| $1.8B | $11.61 | Sep 29, 2026 | |
| $1.7B | $11.50 | Sep 28, 2026 |
Invest in the private markets on Legion
Registered users see full trading activity, every investor, rankings, and live deals.
Data as of Oct 16, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.