Turo Stock
| Valuation | $1.7B1, 2 |
| Valuation Date | Sep 30, 2024 |
| Implied Valuation | $486.58M |
| Last Price | $5.59 |
| 52-Week High | $7.50 |
| 52-Week Low | $4.89 |
| YTD Return | -11.55% |
| 1-Year Return | -21.82% |
| 3-Year Return | -74.93% |
| Total Funding | $500M3, 4 |
| Latest Round Amount | $280M4, 5 |
| Latest Round | Series E-2 |
| Funding Rounds | 8 |
| IPO Status | Unknown6 |
| Expected IPO Date | n/a |
| Revenue | $958M6, 7 |
| Revenue Type | Annual |
| P/S Ratio | 1.8 |
About Turo
Turo is a peer-to-peer car sharing marketplace that lets people rent cars directly from local hosts through its website and app. Guests can choose from hundreds of thousands of vehicles listed by hosts across the United States, Canada, the United Kingdom, France and Australia. Instead of a generic rental fleet car, they can book the exact make and model they want. Turo makes money by charging service fees to both hosts and guests on each booking, plus fees for protection plans that cover vehicle damage during trips.
Invest in Turo
Turo is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Hiive.
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News
Qatar Airways and Turo launch Avios earning partnership
Turo and Qatar Airways Privilege Club linked accounts so members can earn 1X–4X Avios on car rentals, with higher earn rates for elite status tiers.
Turo partners with Qatar Airways Privilege Club to earn Avios on rentals
Turo linked accounts with Qatar Airways Privilege Club so members can earn 1X–4X Avios per currency unit spent on rentals in the UK, US, Canada, Australia, and France, depending on elite status.
Qatar Airways Privilege Club members can earn Avios on Turo rentals
Turo linked with Qatar Airways so Privilege Club members earn Avios on rentals in the UK, US, Canada, Australia, and France, with rates scaling by status tier.
Turo signs global partnership with Skyscanner
Turo partnered with Skyscanner to offer car-sharing inventory alongside flights and hotels in the UK, US, Canada, and Australia, letting travelers book from over 1,600 vehicle makes and models.
Halifax summer travel boom is creating new income opportunities for local car owners
Turo said Halifax bookings for July–August trips are up 43% year over year as summer tourism surges around festivals and holiday weekends. Bookings during the Halifax Busker Festival rose 48% and TD H...
Turo launches 'Carfished' campaign highlighting common rental car booking experience
Turo debuted a global Carfished marketing campaign contrasting its model of booking a specific host vehicle with traditional rental substitutions. The campaign launched across digital video, CTV, soci...
Turo launches at YUL Montréal-Trudeau International Airport
Turo announced a partnership with ADM Aéroports de Montréal on July 2, 2026, giving travelers access to more than 1,000 host vehicles for delivery at YUL airport.
Turo launches at YUL Montréal-Trudeau International Airport, expanding travel options for visitors
Turo partnered with ADM Aéroports de Montréal to offer vehicle delivery and pickup at YUL, with more than 1,000 local vehicles available.
Turo Launches Electric Vehicles vs. Gas Trip Cost Calculator as National Gas Prices Hit 4-Year Highs
Turo introduced a free EV vs. gas trip cost calculator to help travelers compare energy costs before booking a vehicle on the marketplace.
Parable Hospitality and Turo Partner to Celebrate American Road Trips and the Reopening of California's Iconic Highway 1
Timed with America's 250th, Parable Hospitality and Turo are inviting travelers to rediscover the magic of the open road on California's iconic Highway 1.
Turo launches a new alternative to leasing and financing a vehicle that reimagines car ownership
SAN FRANCISCO, Oct. 21, 2025 /PRNewswire/ -- Turo, the world's largest car sharing marketplace, today launched an affordable, convenient, low-commitment alternative to traditional car ownership.
Turo's $1 Billion Playbook: How A Marketplace Scales
Peer-to-peer car sharing has graduated from scrappy disruptor to serious scale. Gen Z embraces the sharing economy because it increases access and today so do plenty of older consumers with a Gen Z mi...
Turo and Uber bring peer-to-peer car sharing to Uber Rent
Uber customers throughout the U.S. can now rent an extraordinary selection of Turo vehicles directly through the Uber platform SAN FRANCISCO , May 15, 2025 /PRNewswire/ -- Turo , the world's largest p...
Turo scraps plans for an IPO
Mullen Class 1 EV Cargo Van Now Available on Turo; Largest Vehicle Sharing Marketplace
Jacksonville, Florida, is the first U.S. market to offer the Mullen ONE EV cargo van for rental Jacksonville, Florida, is the first U.S. market to offer the Mullen ONE EV cargo van for rental
Turo CEO on partnership with Uber
Turo CEO Andre Haddad joins 'Money Movers' to discuss the company's recent partnership with Uber, who this partnership will displace, and more.
Uber and Turo announce partnership to bring Turo vehicles to Uber Rent
Uber customers throughout the U.S., Canada, France, the United Kingdom, and Australia will soon be able to rent from Turo's expansive selection of vehicles directly through the Uber platform SAN FRANC...
EDO Ad Performance Report Reveals Most Effective Travel TV Advertisers, Including Southwest Airlines, Great Wolf Resorts and Turo
NEW YORK--(BUSINESS WIRE)--EDO, the TV outcomes company, has released the inaugural Travel TV Performance Report revealing consumer engagement and ad effectiveness trends from July 2022 to June 2023. ...
Ford lifts the hood on its EV business, Turo updates its IPO filing and Waymo releases a safety case for AVs
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Turo and KAYAK Launch Winter Travel Hub to Help Travelers Book Their Dream Car This Holiday Season
SAN FRANCISCO--(BUSINESS WIRE)--Today, KAYAK, the world's leading travel search engine, and Turo, the world's largest peer-to-peer car sharing marketplace, launched a winter travel hub to bring trav...
Goodyear Joins Turo To Provide Timely Cleaning Service For Its Car-Sharing Community
AKRON, Ohio, June 8, 2020 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT), through its innovative fleet servicing platform, AndGo by Goodyear, is providing on-demand and on-location pr...
Peer-to-peer car sharing marketplace Turo raises $250M at over $1B valuation from IAC
Car-sharing startup Turo has raised $250 million in a Series E round of funding from IAC, the internet media company that owned and spun out Match.com, and OKCupid. This round pushes Turn into Unicorn...
IAC CEO Joey Levin on its $250 million investment in car-sharing company Turo
On Wednesday, IAC announced a $250 million investment deal in Turo, a car-sharing marketplace.
IAC invests $250 million in car-sharing company Turo
IAC is set to invest $250 million in Turo, a peer-to-peer car-sharing firm that is often referred to as the "Airbnb for cars."