BankruptBlank Check
What Happened to Getaround?
Return
0.0%
Current Price
$0
Peak Price
â
Trust Size
$153M
Summary
Getaround was a peer-to-peer car-sharing platform that allowed car owners to rent their vehicles to others. The company went public via SPAC merger with InterPrivate II VSM Tec Inc in 2022. Getaround abruptly shut down its US operations in February 2025.
What Happened
InterPrivate II VSM Tec Inc merged with Getaround in December 2022. The car-sharing company struggled from the start, receiving NYSE delisting warnings and conducting layoffs in 2023 and 2024. In February 2025, Getaround abruptly shut down all US operations to preserve liquidity, focusing solely on its European business. The move left US customers stranded.
Timeline
2021-02-26
S-1 Registration Filed