Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
GetAround, a company that helps to rent their cars, trucks and SUVs to vehicles, a year after cutting 30% of North American workers, a year after cutting 30% of the workforce a part of the structure again. Hyrecar work acquired in 2023 For $ 9.45 millioncloses at the same time.
The company said on Wednesday the films of the regulation In addition, we are now aimed at the European work operating in six countries, including Spain, France, Germany, Belgium and Austria.
What email TechCrunch has looked at, calls to return car rentals to the end of Wednesday to prevent any coverage gaps and said that “inability to provide liability insurance in the United States”
“If you do not, you are personally responsible for ensuring the required liability insurance,” he reads emails. Getaround said that the car protection program will not apply to any vehicle that no longer returns to the end of the day, that is, customers will be responsible for any damage.
Getaround in San Francisco in San Francisco and in 2011, gotaround, a roller coastal ship history, which is a finalist in a techcunch launcher battle zone.
The company was a VC boyfriend, more than $ 750 million from high-level investors $ 300 million In a period led by the SoftBank Vision Foundation. Other GetAround Investors include Menlo Enterprises, Peedfund, Reid Hoffman and Mark Pincus, Vectoq Partners Steve Girsky, Mary Chan and Julia Stein – to give a few names.
Getaround used money until the expansion of money to other cities and the resulting Europe To get a $ 300 million shift and Norweigan Car Rental Company NabobilBoth of them in 2019.
Company Went to the public in 2022 By merging with a special purpose company, but soon entered the problem. Taken in the public for months Notification From the New York Exchange. Also, it also passed in 2023 and 2024.
‘Good order’
The plaque, February 7, leaving all US employees in the United States, which includes all US employees, “reduction of regular winds” in the United States. Most of these workers will end with several people who can close their work on February 14.
Getolound estimates that it will be charged between $ 2 million between $ 1.5 million in connection with the power of force.
This regular wind may seem chaotic to any customer who has an existing or planned getaround rent. Customers said that in an email, GetAround, to support the rent (including insurance coverage) to the end of customers to return vehicles. The company also canceled the future lease of the United States.
“We work closely with the host and drivers to return the vehicles as soon as possible.” “Any claim or residual will be processed below the wind.”
Interior Interior CEO and COO AJ Lee, this is an incredibly difficult decision, light and only different strategic choices did not be disclosed. ”
Lee added that “despite the significant improvement of general profitability and extensive reset efforts, the company faced the lack of liquidity in U.S. operations.”
