Getaround operates a peer-to-peer carsharing marketplace that connects car owners ("hosts") with short-term renters ("guests") who book vehicles by the hour or day through Getaround's mobile app. Getaround does not own any vehicles — hosts supply the cars, and Getaround provides the technology, demand, insurance infrastructure, and pricing tools, making it an asset-light marketplace. Getaround takes a share of each booking's transaction value, so revenue scales with the number of active cars, utilization, and trip value. A key differentiator is Getaround's proprietary IoT device, Getaround Connect, which can be installed on virtually any vehicle and enables keyless, contactless pickup directly from where the car is parked — no key exchange, no rental counter. The platform uses machine learning for dynamic pricing, fraud detection, and trip sequencing to maximize car utilization. As of year-end 2023, Getaround had roughly 2 million unique guests and ~80,000 active cars across 1,000+ cities in 8 countries. Getaround's growth strategy focuses on adding car supply density within existing markets, expanding the gig economy demand vertical — following its acquisition of HyreCar's assets in 2023, Getaround claims to be the largest carsharing platform serving rideshare and delivery drivers — and pursuing native integrations with OEM-connected car platforms, such as Toyota, which could allow hosts to list vehicles without installing additional hardware.