Just In Time for Memorial Day, Getaround Brings The Future Of Car Sharing To The Nation's Capital

D.C. Residents Have New Way To Unlock Their Car's Value Through Sharing

May 18, 2015 — Getaround, the leading peer-to-peer car sharing community, today announced its expansion to Washington D.C., the company's first East Coast market. With over 4,000 users in the D.C. area and 30 pre-launch, privately-owned cars currently available through the app, Getaround is ready to change the way Washingtonians get around this summer.

Getaround's expansion to Washington D.C. follows the company's recent shift to an entirely ondemand car sharing experience — eliminating the need for owners and renters to meet in person in order to hand-off keys for each reservation. Each car is powered by the company's one-of-a-kind hardware technology, the Getaround Connect™. This award-winning technology, designed inhouse by the Getaround team, combines GPS, Bluetooth LE and keyless remote technology to provide a safe and seamless car sharing experience.

Getaround is the only car sharing company that allows D.C. residents to rent anything from a Prius to a Tesla with the touch of their phone, while empowering car owners to earn hundreds of dollars each month off of their underutilized vehicles.

Headquartered in San Francisco, Getaround's mission is simple: with nearly one billion cars "on the road" around the world, and the average car sitting idle 22 hours each day, the company is working to maximize the cars that already exists. "Washington is a dream market for Getaround," said Jessica Scorpio, Founder of Getaround. "We received thousands of pre-launch sign ups in the D.C. area - this community told us they were ready for a new way to get around and we listened. We're excited to be part of the city's innovative transportation network, and to be empowering more Washingtonians to live car free."

Launched in San Francisco of May 2011, Getaround has seen dramatic growth since shifting to its on-demand experience in 2014, more than quadrupling its staff and raising $24 million in funding. Getaround's Series B raise was led by automotive giant Cox Industries—owners of Kelley Blue Book, Autotrader and Manheim Auctions, with early stage investors that include Yahoo!'s Marissa Mayer, Ashton Kutcher and Menlo Ventures.

D.C residents can take advantage of Getaround's arrival into the D.C. market and get out of town this Memorial Day weekend by signing up at www.getaround.com, or downloading the company's iPhone and Android apps. Sign up is free and insurance is included in every trip.

About Getaround
Getaround empowers people to safely share cars by the hour and day. Combining Getaround Connect™,our patented connected car technology, with auto insurance coverage backed by Assurant, Getaround creates a seamless and fun sharing experience. Getaround members can conveniently rent nearby cars and save money on auto payments, insurance and maintenance. Owners share cars ranging from a smartcar to a Tesla earning thousands in extra income each year to offset the high cost of car ownership, while making a positive impact on the environment. For more information visit Getaround.com, like us on Facebook, or follow-us on Twitter.