Getaround, Inc. (NYSE: GETR) operates a peer-to-peer carsharing platform that connects vehicle owners with drivers seeking flexible, short-term rentals. Through its mobile and web applications, Getaround enables registered users to reserve vehicles by the hour or day, offering an alternative to traditional car rental agencies and promoting more efficient use of underutilized assets. Vehicle owners benefit from additional income streams, while renters gain access to a diverse fleet of cars without the overhead of ownership.
Central to Getaround’s offering is its proprietary connected-car technology, known as the Getaround Connect device, which automates keyless entry and enforces each rental’s time-bound terms. The company provides insurance coverage for both owners and renters, as well as 24/7 roadside assistance, ensuring seamless experiences and peace of mind for all participants in the ecosystem. Its digital infrastructure also includes real-time GPS tracking, usage analytics, and a secure payments system.
Founded in San Francisco in 2009 by Sam Zaid and Jessica Scorpio, Getaround initially focused on U.S. markets before expanding into Europe with the high-profile acquisition of Drivy in 2019. Today, it serves major metropolitan areas across North America and Western Europe, including Paris, London, Berlin and Los Angeles, tailoring its service offerings to local regulatory environments and consumer demand. The company went public via a SPAC merger in mid-2021, positioning itself for further global growth and product innovation.
Under the continued guidance of its founders and executive leadership team, Getaround pursues strategic partnerships with automakers, parking operators and municipalities to integrate its carsharing solutions into urban transportation networks. By combining on-demand access with sustainable mobility principles, Getaround aims to reduce car ownership costs, lower urban congestion and contribute to more environmentally friendly travel options.
AI Generated. May Contain Errors.
