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A car-sharing service that partners with Uber just snatched $45 million in funding

Getaround founders

Car-sharing service Getaround announced Thursday that it raised $45 million in a funding round led by VC firm Braemar Energy Ventures.

Toyota, Shanghai Automotive’s venture capital investment arm, and SAIC capital also participated in the Series C round.

Getaround allows car owners to rent out their vehicles when they’re not in use. Those interested can rent anything from a Mini Cooper to a Tesla, with prices starting at $5 an hour. It’s available in 13 cities across the United States.

Uber partnered with Getaround in April, allowing people who don’t own a car to still sign up as an Uber driver. Uber covers read more >>>

Source:: BusinessInsider.Com

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