It’s becoming increasingly commonplace for startups in the so-called “sharing economy” to take heat from regulators who seek to hold them to the same business standards as incumbent businesses. The latest company to come under fire from regulators is peer-to-peer car-sharing startup RelayRides, which received a cease-and-desist notice from New York State’s Department of Financial Services (DFS). → Read More
There’s consolidation afoot in the peer-to-peer car rental space. San Francisco-based RelayRides, which launched about five years ago and is now available nationwide, has gobbled up fledgling competitor Wheelz. That includes all the assets, IP, and about 10 employees from Wheelz, which launched about a year-and-a-half ago. → Read More
RelayRides founder and chief community officer Shelby Clark announced today that he is leaving his day-to-day role with the company, but will remain on its board of directors. The move comes as RelayRides has added and promoted a bunch of executives with more operational experience, and as Clark is looking to get back into founder mode and start something new. → Read More
Pardon the pun, but peer-to-peer car-sharing service RelayRides is on a roll. In March, the startup expanded beyond its first two regional markets — Boston and San Francisco — and made its marketplace available nationwide. Part of the reason it could do that is a partnership with GM and the automaker’s OnStar service. → Read More
Car sharing is suddenly a hot topic and a number of startups like Getaround, Wheelz and JustShareIt are trying to capture a slice of this nascent market. Detroit-based RelayRides just leapfrogged quite a few of these by partnering with General Motor’s OnStar service. Using OnStar’s proprietary API, which will become available to other developers later this summer, the company’s potential users now… → Read More
You need a ride, someone else has a car and could use the cash, SideCar is the app that will bring you together. New instant peer-to-peer rideshare-finding app SideCar turns anyone into a taxi / Uber driver, and it’s supposedly legal because you technically volunteer to pay at the end. Today it emerges from beta for iOS and Android in its first city, San Francisco.
Punch in your location and… → Read More
RelayRides, a car-sharing service that lets you rent (or rent out) cars a few hours at a time, has raised an additional $3 million in funding, adding on to the company’s Series A round that now totals $13M. More important than the money is who took part in the round: it was led by General Motors Ventures, with participation from the company’s existing investors.
The funding is connected to a… → Read More
RelayRides, a marketplace that lets car-owners rent out their cars a few hours at a time, has named former Shopping.com chief Andre Haddad as its CEO. The well-funded startup has raised $10 million to date, with investors including Google Ventures, August Capital, and Shasta Ventures.
RelayRides allows users to rent out their cars for select times during the week, and says that renters generate… → Read More
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