GetAround Secures $13,900,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f1559753-d38f-45ee-b259-fa2045f785c1&Preview=1 -
Date
8/2/2012 -
Company Name
GetAround -
Mailing Address
20 S. Akron Rd MS 20-1 Moffett Field, CA 94035 -
Company Description
Car owners invest huge amounts of time and money into an asset they barely use. Cars are driven only 8% of the time, while potential drivers walk past block after block of underutilized cars. We are here to connect the dots… to help people get around. -
Website
http://www.getaround.com -
Transaction Type
Venture Equity -
Transaction Amount
$13,900,000 -
Transaction Round
Series A -
Proceeds Purposes
The company will use the proceeds to expand into receptive markets and develop new product features and technology. -
M&A Terms
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Venture Investor
Menlo Ventures -
Venture Investor
A Grade Investments -
Venture Investor
Innovation Endeavors -
Venture Investor
Individual Investor
