Peer-to-peer car sharing startup RelayRides tells us that long-term sharing — over days, weeks and months — makes up the bulk of their sales. Is this an emerging trend for this nascent service?
Car sharing company Zipcar says it plans to offer cargo vans — Zipvan — in a pilot project in San Francisco in response to customers showing an interest in renting large Zipcars by the hour for moving stuff around cities.
Peer-to-peer car sharing has emerged in select cities as a way for car owners to rent their vehicles to people in their neighborhood. But are car owners, drivers or the companies making money? The key will be that the economics pan out for everyone.
Two peer-to-peer car sharing startups have launched in the Bay Area in recent months (there’s at least five here now), and there’s four peer-to-peer car sharing companies in France. Here’s my cheat sheet of a dozen companies offering websites to facilitate car sharing among neighbors.
HiGear, a peer-to-peer car sharing startup that focuses on luxury and sports cars, has raised $1.3 million in a seed round from a group of investors, including Battery Ventures, BV Capital, and 500 Startups, HiGear President Murtaza Hussain told me in an interview.
Neighbor-to-neighbor car sharing startup Getaround has raised a seed round of funding of $3.4 million. Investors in the round include TechCrunch creator Michael Arrington‘s Crunchfund, Redpoint Ventures, General Catalyst, and a group of angel investors.