Coinciding with the announcement is the enhanced launch of Manheim Express, a mobile marketplace for wholesale vehicle buyers and sellers. Enhancements will include “full-service concierge service” for app users.
According to an October 9th, 2018 media release, the company plans on launching ‘Communauto FLEX,’ which will provide residents with access to 200 Hyundai Accent vehicles servicing 50 kilometers in Toronto’s downtown core.
The San Francisco company has raised $300 million in Series D funding led by the Vision Fund. and company insiders also provided money in the latest financing round. Getaround has raised $400 million in total capital so far.