GETAROUND INC - GETR STOCK NEWS

Welcome to our dedicated page for GETAROUND news (Ticker: GETR), a resource for investors and traders seeking the latest updates and insights on GETAROUND stock.

Getaround, Inc. (NYSE: GETR) is an innovative on-demand carsharing marketplace headquartered in San Francisco since 2009. The company offers a seamless and contactless car rental experience through its proprietary technology, Getaround Connect®. This platform allows users to rent, unlock, and drive cars using just their smartphones, eliminating the need for physical interaction or paperwork.

Getaround has grown significantly since its inception, boasting over 200,000 members across the United States. The service provides flexible and affordable car rental options, with rates starting at $5 per hour, which includes insurance and incurs no membership fees. Car owners who share their vehicles on the platform can earn between $500 and $1,000 per month.

The company won TechCrunch Disrupt in 2011 and launched its on-demand carsharing service two years later. Over the years, Getaround has forged strategic partnerships to enhance its offerings. A notable collaboration with Axle, a universal API for insurance data, allows users to bring their own insurance to the platform, thereby offering more flexible protection and cost savings of up to 15% for eligible guests. This partnership also helps Getaround manage risks more effectively.

Getaround's mission revolves around environmental sustainability and economic opportunity. By offering a 100% digital carsharing experience, it aims to reduce reliance on personal car ownership and promote shared mobility. The company's platform is available in over 1,000 cities across the United States and Europe, making it a significant player in the carsharing industry.

For more information, please visit Getaround's website or download the app at get.co/mobile. The Wall Street Journal has also featured Getaround's latest funding round, which you can read about here.