These will now combine with Zipcar's 12,000 U.K. With 50,000 members in the U.K., Streetcar posed 2009 revenue of about $25 million. Zipcar gives members on-demand access to a variety of cars in cities, campuses and airports, by the hour or day. This year, Zipcar becomes the world's largest car-sharing service.Īpril 2010: Zipcar buys Streetcar, the largest British car-sharing company, for about $50 million. With the app, users can locate Zipcars, check on their availability, reserve them and even unlock them. June 2009: The Zipcar iPhone app is announced at the Apple Worldwide Developer Conference. While Griffith remains CEO of the new company, Flexcar CEO Mark Norman becomes president and chief operating officer, a position he holds to this day. October 2007: Zipcar merges with Seattle-based rival Flexcar, with the resulting company retaining the name and Cambridge headquarters of Zipcar. The company plans to have more than 100 vehicles on the streets of London by January 2007. Not only is there overage charges, but you could end up making someone late to the airport or a job interview or something if you dont get the car back on time. The funds will be used to scale the business at home and abroad. Second I dont care for the feeling of having to rush around to make sure Im not late returning the Hertz or Zipcar. The company also closes a venture funding round of $25 million. November 2006: Zipcar opens a London office as part of a European expansion effort. She will spend the 2004-2005 academic year as a Loeb Fellow at the Harvard University Graduate School of Design. #Zipcar washington d.c series#By February 2002, it has offices in Washington, D.C., and New York City.ĭecember 2002: Zipcar raises $4.7 million in funds in its series B round.įebruary 2003: Scott Griffith replaces co-founder Robin Chase as company CEO, though Chase remains on Zipcar's board of directors. Reservations can be made for as little as 1 minute and we have a range of cars and vans to suit all needs. Follow the sign up links and in 15 minutes you could be driving. #Zipcar washington d.c free#Not long before launch, Zipcar has only $68 in the bank. We have teamed up with Zipcar to offer residents free membership. Danielson and Chase raised $75,000 before the launch, $25,000 of which was a last-minute angel investment that allowed them to lease the cars they needed. June 2000: The first Zipcars debut on the streets of Boston and Cambridge. Related: Zipcar: Two Moms, a Business Idea and $68 in the Bank
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |