Orrick Advises Getaround on $140 Million Series E

October.15.2020

Orrick has advised San Francisco-based carsharing platform Getaround on its $140 million Series E financing round. Led by PeopleFund, the round’s new investors included Reid Hoffman's and Mark Pincus' Reinvent Capital, AmRest founder Henry McGovern, Pennant Investors, and VectoIQ partners Steve Girsky, Mary Chan and Julia Steyn. Existing investors SoftBank Vision Fund, Menlo Ventures, Braemar Energy Ventures, Triangle Peak Partners, Asset Plus Capital, Bpifrance, Cathay Innovation and Via-ID also participated in the round. To date, Getaround has raised nearly $600 million. 

Orrick has advised Getaround on a wide variety of legal issues since its inception, including on all of its financing rounds. The Orrick team advising Getaround on this financing includes Stephen Venuto, Joseph Perkins, Christine McCarthy, Michael Ruiz, Brigid McCurdy, and Ching-Yin Chen.