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Zipcar is a car-sharing company founded by Robin Chase and Antje Danielson on January 1, 2000. The company is headquartered in Boston, Massachusetts and operates as a subsidiary of Avis Budget Group. Zipcar provides car rental services to its members, primarily targeting urban areas and college campuses in the United States and other countries.
As a car-sharing service, Zipcar allows members to reserve and rent cars on an hourly or daily basis. The company's fleet includes various types of vehicles, such as sedans, SUVs, and vans. Zipcar operates in a business-to-business (B2B) model, catering to both individual and corporate clients.
Zipcar has a mobile app available on both the Apple App Store and Google Play Store, which enables users to find, reserve, and unlock cars using their smartphones. The company also maintains a presence on social media platforms, including Facebook, Twitter, Instagram, and YouTube.
Zipcar has raised a total of $39,704,370 in funding, with its latest funding round, a Series D, taking place on November 29, 2006. The company's investors include Pinnacle Ventures, Greylock, Globespan Capital, and Steve Case.
The company went public on the Nasdaq stock exchange under the symbol "ZIP". Zipcar has been assigned six patents and employs between 500 and 999 people.
Zipcar faces competition from other car-sharing and ride-sharing services, such as Halo Car and BlaBlaCar. Despite the competition, the company continues to operate actively and expand its services.