October 22, 2016 9:48 AM ET

Road and Rail

Company Overview of Zipcar, Inc.

Company Overview

Zipcar, Inc. owns and operates a car sharing network. It offers self-service vehicles that are located in reserved parking spaces in neighborhoods, cities, and airports across the globe; and in urban areas and college campuses in Austria, Canada, France, Spain, Turkey, the United Kingdom, and the United States. The company also provides a Zipcard that unlocks various cars, trucks, and vans. It offers its solutions to residents, businesses, and universities. The company was founded in 2000 and is based in Boston, Massachusetts. As of March 14, 2013, Zipcar, Inc. operates as a subsidiary of Avis Budget Group, Inc.

35 Thomson Place

Boston, MA 02210

United States

Founded in 2000





Key Executives for Zipcar, Inc.

Vice President of Finance & Strategy
President of International
Vice President of Technology
Director of Human Resources
Compensation as of Fiscal Year 2016.

Zipcar, Inc. Key Developments

Zipcar Expands Services in East Point, Georgia

Zipcar launched in East Point, Georgia through a partnership with the City of East Point. Zipcar's innovative mobility solution supports the City's sustainability goals by enabling residents to live car-free or car-lite lifestyles and, in turn, the City is providing Zipcar with access to parking. Three Zipcars-a Honda Civic named ‘Slotnick’ a Honda Civic named ‘Streep’ and a Honda CR-V named ‘Jannquell’ (after East Point's very own Mayor Jannquell Peters)-are now available by the hour or by the day. The vehicles are parked in designated spots at the East Point MARTA station and the East Point fire station for convenient pick-up and drop-off and can be reserved in seconds on Zipcar's mobile app, online or over the phone. The official launch in East Point builds on Zipcar's success in downtown Atlanta, where the company has been operating since 2009.

Zipcar, Inc. Enables Prospective Members to Join and Drive in Minutes

Zipcar, Inc. announced the launch of new features that enable prospective members to sign-up, join and drive a vehicle in matter of minutes directly through the Zipcar mobile app. New members who join Zipcar through the mobile app will be verified by matching their valid driver’s license with facial recognition technology or “selfie software.” A near-instant membership approval process will enable the member to unlock a vehicle in minutes using only their smartphone. Up until this point, Zipcar has exclusively utilized RFID-enabled Zipcards for members to access a reserved vehicle. Members who join through the app will now be able use their mobile device to unlock and lock a Zipcar, eliminating the need to wait for a Zipcard to arrive in the mail or pick it up at a local Zipcar office. The company will continue to support Zipcards for the foreseeable future. New members who join through Zipcar’s mobile app will be prompted to take a photo of their valid license as well as a “selfie” to authenticate the application. The facial recognition software requires users to blink while taking a photo of themselves to ensure that Zipcar is matching the license to its owner. Once a member has been approved, he or she can instantly reserve any of Zipcar’s 12,000-plus vehicles in more than 500 cities and towns around the globe. The launch of Zipcar’s new join process is an incremental step in providing consumers with near-instant access to the company’s growing number of mobility options. In addition to Zipcar’s round-trip model, which includes guaranteed parking, more than 60 vehicle types and advanced reservations, members in select markets now have access to the company’s suite of flexible features that enables members to take a Zipcar one-way within a city.

Zipcar and Marta Partner to Enhance Transportation Options Outside of the Perimeter

Zipcar, and the Metropolitan Atlanta Rapid Transit Authority, or MARTA, have partnered to enhance transportation options outside of the Perimeter by adding Zipcar's 'wheels when you want them' service to Chamblee Station, Doraville Station, Lakewood/Ft. McPherson Station and East Point Station. The six new vehicles at these four stations join the 23 currently located at the North Springs, Brookhaven/Oglethorpe, Lindbergh Center, Arts Center, Midtown, Inman Park/Reynoldstown, Edgewood/Candler Park, East Lake, Avondale, West End and College Park stations. The vehicles are available by the hour or by the day for convenient pick-up and drop-off. They can be reserved in seconds on Zipcar's mobile app, or online and over the phone.

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