HyreCar’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

HyreCar is a peer-to-peer car sharing marketplace that allows users to rent their idle cars to Uber and Lyft drivers. Read more

Joseph Furnari's photo - CEO of HyreCar

CEO

Joseph Furnari

CEO Approval Rating

90/100

Founded:

2015

Status:

PublicNASDAQHYRE

TOP COMPETITORS OR ALTERNATIVES

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CEO

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Turo is one of HyreCar's top competitors. Turo was founded in 2009 in San Francisco, California. Turo operates in the Rental Services industry. Turo generates $230.1M more revenue than HyreCar.

Getaround is a top competitor of HyreCar. Getaround was founded in 2009, and is headquartered in San Francisco, California. Getaround is in the Internet Software industry. Getaround generates $52.6M more revenue vs. HyreCar.

Drivy is seen as one of HyreCar's top competitors. Drivy is headquartered in Paris, Île-de-France, and was founded in 2010. Drivy is in the Application Software field. Drivy generates 13% the revenue of HyreCar.

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Competitor - 1/1

Is Zipcar a competitor of HyreCar?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$19.9M

HyreCar's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 22.7B. Over the last four quarters, HyreCar's revenue has grown by 50.5%. Specifically, in Q2 2020's revenue was $5.6M; in Q1 2020, it was $5.8M; in Q4 2019, it was $4.8M; in Q3 2019, HyreCar's revenue was $3.7M.

Acquisitions

No recent acquisitions found related to HyreCar

HyreCar Funding History

$14.1M$18.1M

Since HyreCar was founded in 2015, it has participated in 4 rounds of funding. In total HyreCar has raised $18.1M. HyreCar's last funding round was on Apr 2020 for a total of $2.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$2M
Debt - PPP (CARES Act)
Apr 2020
$2M - $5M

U.S. Small Business Administration.

IPO
Jun 2018
$12.6M
-
Debt
Feb 2018
$1.5M
-

Total Funding: $18.1M

Since HyreCar was founded in 2015, it has participated in 4 rounds of funding. In total HyreCar has raised $18.1M. HyreCar's last funding round was on Apr 2020 for a total of $2.0M

Investments

No recent investments found related to HyreCar

HyreCar News

August 26, 2020Auto Rental News

Midway Car Rental, HyreCar Announce Parnterhsip

HyreCar's platform will increase utilization of Midway's inventory to take advantage of growing oppor... See more »
August 12, 2020Zolmax News

HyreCar (HYRE) Scheduled to Post Quarterly Earnings on Thursday

HyreCar (NASDAQ:HYRE) is scheduled to be announcing its earnings results after the market closes on T... See more »
August 3, 2020MarketScreener

Purcell Julie & Lefkowitz LLP Is Investigating HyreCar Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

(marketscreener.com) NEW YORK, Aug. 3, 2020 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class ac... See more »

HyreCar Blogs

August 25, 2020Hyrecar Blog

DoorDash vs Postmates

Delivery apps were yet another response to the increasing need for on-demand services. Thanks to them... See more »
July 31, 2020Hyrecar Blog

Driver Bubble - Protective Screens for Rideshare Drivers, Dealers and Fleet Owners

HyreCar and Driver Bubble Have Teamed Up To Provide Protective In Car Shields For Gig Economy Drivers... See more »
July 14, 2020Hyrecar Blog

Complete Guide to Becoming a Driver for Lyft

If you know how to drive a car, one of the best ways to earn an income on the side or change careers ... See more »
July 14, 2020Hyrecar Blog

Lyft Fare Estimates - How Much Does Lyft Cost

People are increasingly using the Lyft services because they're both affordable and convenient. All y... See more »
July 14, 2020Hyrecar Blog

What is Uber Comfort - A Complete Guide 2020

Uber is always trying to meet the requirements and needs of their clients to the fullest, and they ar... See more »
July 14, 2020Hyrecar Blog

Learn How to Use Lyft

Lyft is an American company specializing in ridesharing that operates in over 600 cities in the Unite... See more »
July 14, 2020Hyrecar Blog

Booking Lyft Rides in Advance

One of the best features that have been added to the Lyft app is an option to schedule a ride in adva... See more »

HyreCar Press Releases

January 13, 2020LD Micro

HyreCar Provides Update on Fourth Quarter 2019 Revenue

Read this press release and other recent news about HyreCar Inc. (HYRE) at ldmicro.com... See more »
May 21, 2019Business Wire

HyreCar to Attend Upcoming Investor Conferences

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing... See more »
May 9, 2019Business Wire

HyreCar Announces Record First Quarter Results

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing... See more »
May 9, 2019LD Micro

HyreCar Announces Record First Quarter Results

HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing, today reported financial res... See more »
March 28, 2019Business Wire

HyreCar Reports Record Fourth Quarter and Full Year 2018 Financial Results

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing... See more »
December 19, 2018PR NewsWire Sys-Con Media

DriveItAway Acquires Groundbreaking New Technology for Mobility as a Service, Ends Relationship with HyreCar

HADDONFIELD, N.J., Dec. 19, 2018 /PRNewswire/ -- DriveItAway Inc., the industry leader in car dealer ... See more »
December 11, 2018Business Wire

Dealer Partnership Offers Free Credit Repair Services to All Uber and Lyft Drivers in New Jersey and Pennsylvania

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing... See more »

HyreCar Videos

Social Statistics

Headquarters

355 S Grand Ave. Suite 1650

Los Angeles, California90071

888-688-6769

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Summary

ABOUT

Overview

HyreCar is a peer-to-peer car sharing marketplace that allows users to rent their idle cars to Uber and Lyft drivers. HyreCar was founded in 2015. HyreCar's headquarters is located in Los Angeles, California, USA 90071. It has raised 18.1M in 4 rounds...

CEO

HyreCar's CEO, Joseph Furnari, currently has an approval rating of 90%. HyreCar's primary competitors are Turo, Getaround & Drivy.

Website

hyrecar.com

Frequently Asked Questions about HyreCar

  1. When was HyreCar founded?

    HyreCar was founded in 2015
  2. Who is HyreCar's CEO?

    HyreCar's CEO is Joseph Furnari
  3. How much revenue does HyreCar generate?

    HyreCar generates $19.9M in revenue
  4. How much funding does HyreCar have?

    HyreCar has historically raised $18.1M in funding
  1. Where is HyreCar's headquarters?

    HyreCar's headquarters is in Los Angeles California, USA
  2. How many employees does HyreCar have?

    HyreCar has 87 employees
  3. What sector does HyreCar operate in?

    HyreCar is in Systems Software
  4. Who are HyreCar's competitors?

    HyreCar's top competitors are Turo, Getaround, Drivy