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A successful pilot program has resulted in the expansion from 40 car-share parking spaces up to 250 on local streets and in municipal lots throughout Boston.
With Car Sharing Going Mainstream, Getaround Offers Comprehensive Tools and Support for Those Looking to Grow Their Fleets
Getaround,the world’s largest connected car sharing marketplace, has appointed Karim Bousta as its Chief Executive Officer (CEO), who previously served as the company’s President and Chief Operating Officer (COO). He succeeds Getaround Founder and longtime CEO, Sam Zaid, who has assumed a new role as ExecutiveChairman, working alongside Bousta.
Investment comes as company's revenue rebounds from initial decline and experiences significant growth amid continuing pandemic. Company to strengthen leadership position and target profitability with new funding. Four executive hires support growth and demonstrate company commitment to culture and diversity.
Investorsinclude Michael Arrington’s CrunchFund, Netflix founder Marc Randolph, Redpoint Ventures, and Vivi Nevo, Time Warner’s largest shareholder