25 Facts About Zipcar

Zipcar is an American car-sharing company and a subsidiary of Avis Budget Group.

Zipcar was founded in 2000 by Antje Danielson and Robin Chase.

In September 2016, Zipcar announced that it had 1 million members across 500 cities in 9 countries, and offers nearly 10, 000 vehicles.

Zipcar was co-founded by Antje Danielson and Robin Chase based on existing German and Swiss companies in January 2000.

In February 2003, after difficulties in securing additional rounds of funding, the Zipcar board replaced Robin Chase as CEO with Scott Griffith.

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In July 2005, Zipcar secured $10 million in funding led by Benchmark Capital.

On July 11, 2008, Zipcar announced it doubled membership in past year, including the Flexcar members it acquired, and now had 225, 000 members.

On January 5, 2017, Zipcar announced that after a 6-month search they appointed Tracey Zhen as its new president.

Zipcar's experience managing operations, dispersed and diverse teams, supply chain, customer service, engineering, and contact centers will aid in steering Zipcar into the future.

Zipcar saw a significant swing in demand during the COVID-19 pandemic, with a falloff in demand in March 2020 and a surge in May Having taken cars off the road, the company had trouble keeping up with demand, causing a backlog at the customer service center.

Zipcar was sued in 2009 and again in 2011 by customers alleging that they charged excessive or hidden fees.

Zipcar launched its Zipcar for Business program in early 2004 to provide companies with discounts on Monday-Friday driving.

Since the launch of the program, Zipcar has signed 10, 000 small, medium, and large sized businesses, as companies are increasingly adopting Zipcar's on demand car rental model as a cost-saving alternative for employee travel.

Zipcar has partnered with over 600 colleges and universities across North America.

Zipcar offers vehicles in different categories, such as economy cars, electric vehicles, hybrid vehicles, full-size cars, luxury vehicles (such as those from Audi, BMW, Mercedes-Benz, and other luxury manufacturers), SUV's, pickup trucks, and cargo vans.

Zipcar offers the embedded Information Technologies it has installed in its fleet as a fleet optimization service through its FastFleet service.

In December 2009, Zipcar announced their participation in a round of financing with Avancar, the largest on-demand car rental company in Spain, based in Barcelona.

Later on in April 2010, Zipcar announced that it had acquired London-based car-sharing club Streetcar.

In December 2010, Zipcar extended their option for another year through the end of 2011, and provided a monetary loan to Avancar, which is convertible into equity if Zipcar chooses to exercise the option.

On October 17, 2012, Zipcar announced the completion of its Avancar integration.

On January 22, 2019 Zipcar members received notification that the service would no longer be available as of midnight, February 28, 2019.

Since 2014, Zipcar has started services in cities in North America, Europe, and Asia.

Zipcar provides liability coverage of $100, 000 bodily injury per person, $300, 000 bodily injury maximum, and $25, 000 property damage per accident for members over 21 years of age who joined after March 1, 2015.

For members under 21, Zipcar provides insurance coverage at state-mandated levels.

Zipcar has received some scrutiny for their low coverage limits.

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