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Getaround Inc. (Getaround) is a car sharing company. Its main activities include renting cars and trucks through its proprietary cloud and in-car Connect technology, that allows for a contactless, on-demand rental experience. The company through its digital carsharing platform enables users to rent cars from nearby owners, and car owners to monetize their vehicles when they're not in use. Getaround offers its services through its mobile application, which serves as the primary distribution channel. The company operates in the US, France and Norway. Getaround is headquartered in San Francisco, California, the US.
Headquarters
United States of America
Address
55 Green Street, San Francisco, California, 94111
Website
www.ipvspac.com
Telephone
1 415 2955725
No of Employees
290
Industry
Transport and Logistics
Ticker Symbol & Exchange
GETR (NYSE)
Revenue (2022)
$72.7M
22.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
16.3%
(2022 vs 2021)
Market Cap*
$14.7M
Net Profit Margin (2022)
XYZ
31.5%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Services | Brands |
|---|---|
| Car Rental Services | Connect |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Asset Purchase | In June, the company acquired the entire assets of HyreCar Inc. |
| 2022 | Acquisitions/Mergers/Takeovers | In December, the company merged with InterPrivate II Acquisition Corp. |
| 2021 | Contracts/Agreements | In July, the company announced a global partnership with Moovit to enable Moovit users to discover Getaround carsharing in the free Moovit app for more mobility alternatives. |
Competitor Comparison
| Key Parameters | Getaround Inc | FedEx Corp | DHL Group | Flix SE | DX (Group) Plc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | Germany | Germany | United Kingdom |
| City | San Francisco | Memphis | Bonn | Munich | Slough |
| State/Province | California | Tennessee | Baden-Wurttemberg | Bayern | Berkshire |
| No. of Employees | 290 | 328,000 | 594,879 | 3,000 | 4,800 |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jason Mudrick | Chairman | Executive Board | 2024 | 49 |
| Eduardo Iniguez | Chief Executive Officer; Director | Executive Board | 2024 | 37 |
| Tom Alderman | Chief Financial Officer | Senior Management | 2022 | 41 |
| AJ Lee | Chief Operating Officer | Senior Management | 2024 | - |
| Spencer Jackson | General Counsel; Secretary | Senior Management | - | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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