# Turo funding: rounds and investors

> Turo has raised $187M across 11 rounds since 2009. Investors include Shasta Ventures, August Capital and Google Ventures. Every round with its source.

Source: https://millionrounds.com/company/turo (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Turo*

11 rounds we have observed, with the 18 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Valuation: $1.0B, Oct 2024

Funding summary Updated 26 Oct 2026

**$187M** raised across 11 rounds since 2009, from 11 sources

**$600K** Seed **$50K** Seed **$4.5M** Series A **$1.3M** Series A **$3.6M** Series A **$3.0M** Series A **$25M** Series B **$10M** Series B **$47M** Series C **$92M** Series D

- **Latest round:** Series D, $92M Sept 2017
- **Step-up i:** 2×
- **Investors:** 18

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2011 2013 2015 2017

**$600K** Seed

**$50K** Seed

**$4.5M** Series A

**$3.6M** Series A

**$3.0M** Series A

**?** Series A

**$25M** Series B

**$10M** Series B

**$47M** Series C

**$92M** Series D

- **First round:** Seed, $600K
- **Biggest round:** $92M
- **Usual gap between rounds:** 12 months

## The rounds

- **Sept 2017** Series D **$92M** *6 new* *3 returning* [Google Ventures](https://millionrounds.com/fund/gv) [Canaan](https://millionrounds.com/fund/canaan-partners) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [Trinity](https://millionrounds.com/fund/trinity) [Daimler](https://millionrounds.com/fund/daimler) [Founders Circle Capital](https://millionrounds.com/fund/founders-circle-capital) [August](https://millionrounds.com/fund/august) SK Holdings/ Liberty Mutual Reported by FinSMEs SEC filing: $92M sold, first sale Jul 2017
- **Nov 2015** Series C **$47M** *1 new* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) From a historical funding record
- **Aug 2014** Series B **$10M** *1 new* *1 returning* [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) [Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) From a historical funding record
- **Jun 2014** Series B **$25M** *1 new* *3 returning* [Google Ventures](https://millionrounds.com/fund/gv) [Canaan](https://millionrounds.com/fund/canaan-partners) [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [August Capital](https://millionrounds.com/fund/august-capital) From a historical funding record
- **Jan 2013** Series A **Amount undisclosed** *1 new* *3 returning* [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [August Capital](https://millionrounds.com/fund/august-capital) [Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) [Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) From a historical funding record
- **Oct 2011** Series A **$3.0M** *1 new* *3 returning* [Google Ventures](https://millionrounds.com/fund/gv) [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [August Capital](https://millionrounds.com/fund/august-capital) [GM Ventures](https://millionrounds.com/fund/gm-ventures) Reported by techcrunch.com
- **Aug 2011** Series A **$3.6M** *3 returning* [Google Ventures](https://millionrounds.com/fund/gv) [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [August Capital](https://millionrounds.com/fund/august-capital) From a historical funding record
- **Jun 2011** Series A **$1.3M** *1 new* *2 returning* [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [August Capital](https://millionrounds.com/fund/august-capital) [Lisa Gansky](https://millionrounds.com/fund/lisa-gansky) From a historical funding record
- **Dec 2010** Series A **$4.5M** *4 new* [Google Ventures](https://millionrounds.com/fund/gv) [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [August Capital](https://millionrounds.com/fund/august-capital) [Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) Reported by articles.sfgate.com
- **Oct 2010** Seed **$50K** *1 new* [MassChallenge](https://millionrounds.com/fund/masschallenge) From a historical funding record
- **Nov 2009** Seed **$600K** *1 new* [Kevin Donahue](https://millionrounds.com/fund/kevin-donahue) From a historical funding record

## Founders and team

From the SEC filings it signed: 10 on the team.

- **Albert Canchola Mangahas** Executive Officer i
- **Alex Benn** Executive Officer i
- **Andre Haddad** Executive Officer, Director i
- **Andrew Canchola Mok** Executive Officer i
- **Avinash Canchola Gangadharan** Executive Officer i
- **Charles Fisher** Executive Officer i
- **Julie Canchola Weingardt** Executive Officer i
- **Lorie Canchola Boyd** Executive Officer i
- **Michelle Canchola Fang** Executive Officer i
- **Tom Canchola Wang** Executive Officer i

On the board, as filed i *Bonnie Canchola Jonas* *Brook Canchola Porter* *Deepak Canchola Kamra* *Howard Canchola Hartenbaum* *Joey Canchola Levin* *Kimberly Canchola Jabal* *Mark Canchola Stein* *Shripriya Canchola Mahesh* *Susan Canchola Athey*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2011 **Series A** 2011 **Series A** 2011 **Series A** 2013 **Series B** 2014 **Series B** 2014 **Series C** 2015 **Series D** 2017 [Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) [August Capital](https://millionrounds.com/fund/august-capital) [Google Ventures](https://millionrounds.com/fund/gv) [Canaan](https://millionrounds.com/fund/canaan-partners) [Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) [Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) [MassChallenge](https://millionrounds.com/fund/masschallenge) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Trinity Ventures](https://millionrounds.com/fund/trinity-ventures)

## Everyone who backed them

[Shasta Ventures](https://millionrounds.com/fund/shasta-ventures) VC firm **7** rounds

[August Capital](https://millionrounds.com/fund/august-capital) VC firm **6** rounds

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **5** rounds

[Canaan](https://millionrounds.com/fund/canaan-partners) VC firm **2** rounds

[Webb Investment Network](https://millionrounds.com/fund/webb-investment-network) Family office **2** rounds

[Expansion Venture Capital](https://millionrounds.com/fund/expansion-venture-capital) VC firm **2** rounds

[MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **1** round

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **1** round

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round

[Trinity Ventures](https://millionrounds.com/fund/trinity-ventures) VC firm **1** round

[Trinity](https://millionrounds.com/fund/trinity) Hedge fund **1** round

[Daimler](https://millionrounds.com/fund/daimler) VC firm **1** round

[GM Ventures](https://millionrounds.com/fund/gm-ventures) Corporate VC **1** round

[Founders Circle Capital](https://millionrounds.com/fund/founders-circle-capital) VC firm **1** round

[August](https://millionrounds.com/fund/august) Hedge fund **1** round

[Lisa Gansky](https://millionrounds.com/fund/lisa-gansky) Angel **1** round

[Kevin Donahue](https://millionrounds.com/fund/kevin-donahue) Angel **1** round

SK Holdings/ Liberty Mutual no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=turo).

## Also claim to have backed them

These 9 firms list Turo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Red Swan Ventures](https://millionrounds.com/fund/red-swan-ventures) VC firm Per its own site

[Aurum Partners](https://millionrounds.com/fund/aurum-partners) VC firm Per its own site

[Intact Private Capital](https://millionrounds.com/fund/intact-private-capital) Corporate VC Per its own site

[InvestX Capital](https://millionrounds.com/fund/investx-capital) VC firm Per its own site

[Lakeside Capital](https://millionrounds.com/fund/lakeside-capital) Family office Per its own site

[Medici Capital Partners](https://millionrounds.com/fund/medici-capital-partners) VC firm Per its own site

[RedWave Ventures](https://millionrounds.com/fund/redwave-ventures) VC firm Per its own site

[Unity Growth](https://millionrounds.com/fund/unity-growth) Private equity Per its own site

[Vibora Capital](https://millionrounds.com/fund/vibora-capital) Family office Per its own site

## Quick answers about Turo

### Who invested in Turo?

Turo's investors include Shasta Ventures, August Capital, Google Ventures, Canaan and Webb Investment Network, and 13 more on record.

### How much has Turo raised?

Turo has raised $187M across 11 rounds since 2009. One round did not disclose an amount, so the total is a floor.

### When did Turo last raise?

Turo's most recent round was a Series D of $92M in Sept 2017.

### What was Turo's biggest round?

Its most recent round, $92M in Sept 2017, is also its largest on record.

### Who backed Turo first?

Turo's first round on record, in Nov 2009, was backed by Kevin Donahue.

### What stage is Turo at?

Turo's latest named round is a Series D, in Sept 2017.

### Where is Turo based?

Turo is based in the United States.

## Companies like Turo

In the same sector, and raised in the last eighteen months.

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