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Venture Capital

SK Holding Leads $92M Series D In P2P Marketplace

by posted 1year ago 214 views
Turo raised $92 million in Series D funding led by Daimler and SK Holding. Liberty Mutual Strategic Ventures and Founders Circle Capital joined the financing. Existing investors August Capital, Canaan Partners, Kleiner Perkins, GV, Trinity Ventures and Shasta Ventures also invested. Turo, of San Francisco, is a peer-to-peer car sharing marketplace. Turo said it is also buying Croove, a peer-to-peer car sharing marketplace in Germany from Daimler.