What RelayRide’s Latest Funding Reveals About Ground Transport at Airports
Photo Credit: RelayRides' off-airport parking lot at a Westin near San Francisco International Airport. RelayRides
Skift Take
There is clearly demand for more ground transit options, but startups must be cognizant of working with airports to bring about change rather than create a hostile operating environment for incumbents.
Flyers arriving at some U.S. airports are turning their back on taxis and traditional car rentals in favor of a new kind of transportation.
This small group of travelers prefer to rent fellow travelers' cars, be picked up by local residents, or pre-order a car with the tap of an app. Airports, however, are still navigating this new, largely unregulated market and weighing the benefits of meeting customer expectations versus the risk of integrating the new business models.
One such startup targeting the airport rental market, RelayRides, today announced a $10 million addition to the $25 million series B fundraising round it announced in July. The additional funding comes primarily from Trinity Ventures, which
