1 Comment

Summary:

As our growing population competes for resources and space, car sharing may become more prevalent. We looked at how some of the biggest car- and ride-sharing companies that operate in the U.S. compare with each other.

Car and ride sharing are part of a small but growing segment of American transportation, as people particularly in urban areas turn to them for cost and convenience reasons. The RAND Corp. estimates that the pool of Americans that car share will jump from a quarter of a percent to 4.5 percent.

Last week, Lyft received $60 million in a Series C funding round, making it one of the most well-funded ride-sharing startups around. Meanwhile, one of the original car-sharing services, ZipCar, was bought by Avis at the beginning of this year; it went public in 2011. So far, the major car/ride-sharing startups have raised a total of $285 million in venture funds—half of which came solely from Zipcar and Lyft. For this chart, we looked at some of the more well-established car-sharing services—as well as their taxi counterparts—to see how much money they’ve raised and how far they’ve traveled.

car-sharing-v3

  1. Dan Benjamin Tuesday, May 28, 2013

    Great article on the car sharing industry. With ZipCar’s pioneering vision, followed by companies such as GetAround, Lyft and GetAround we can see a massive shift in driver behavior expected in this field.

    We must not forget though that this economy is built on reputation between individuals. To increase transparency and build this reputation, I recommend using RepStamp (www.repstamp.com).

    Share

Comments have been disabled for this post