Turo Raises $30 Million More for Rental Car Bookings: Travel Startup Funding This Week
Photo Credit: An example of a car available for sharing and rental on the marketplace Turo. This week, travel startups Turo, H20, Gtriip, Beekeeper, Immfly, Wishbox, and NannyBag announced more than $57 million collectively in funding. Turo
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This week, travel startups Turo, H20, Gtriip, Beekeeper, Immfly, Wishbox, and NannyBag announced more than $57 million collectively in funding.
Travel Startup Funding This Week
Each week we round up travel startups that have recently received or announced funding. Please email Travel Tech Reporter Justin Dawes at [email protected] if you have funding news.
This week, travel startups announced more than $57 million in funding.
>>Turo, an online rental car marketplace, has raised $30 million in an extension to its Series E round, leading to a total Series E round size of $280 million.
Allen & Company LLC, Larry Fitzgerald, and 2 Chainz joined the latest investment in the San Francisco-based company, which offers peer-to-peer car-sharing.
>>H2O, a vacation rental management startup, has raised $7 million in a Series B round.
Samsung Ventures participated in the round.
"We're pleased to be part of the fastest-growing hospitality company in Japan," said Eric Kim, senior investment manager at Samsung Ventures. The startup has raised a total of $18 million since its founding in 2015.
Vacation rentals use the startup's services to help manage about 5,000 rooms. Property management services include housekeeping and digital services include helping own
