TripCity
TripCity is a peer-to-peer car rental marketplace connecting vehicle owners with gig economy drivers and personal-use renters across 12 US states, monetizing via a 7.5% commission and integrated $29/day insurance that generates rideshare-ready documentation.
- Company typePrivate
- Founded-
- HeadquartersNot specified, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingDigital Commerce or Content
What TripCity does
TripCity is a peer-to-peer car rental marketplace operated by Teq Mobility, LLC (a Delaware-registered entity headquartered in Los Angeles, CA), connecting vehicle owners with drivers seeking rentals for gig work (Uber, Lyft, DoorDash) and personal use. The platform comprises a web application (app.tripcity.com), native iOS and Android apps, and an owner-facing dashboard, with Stripe handling payment processing and Google Maps powering location search. Integrated insurance is the core technical differentiator: on-rent coverage activates automatically during active bookings and generates an insurance card in the renter's name for rideshare platform verification, while off-rent coverage via the TeqMobility API covers idle periods and is required for owners in PA and NV. The stack is rounded out by FleetIT (automated toll billing), Passtime GPS (tracking with starter-interrupt), and Tinker DIY (virtual inspections).
The business model is a two-sided transaction-fee marketplace. Drivers pay $29 per day, which includes insurance for both leisure and rideshare use; TripCity retains a 7.5% commission on the listing price while owners receive 92.5% of rental income plus Stripe-based weekly payouts. Additional revenue is captured through the off-rent insurance module (required for certain states) and ancillary owner services. Customer segments split between fleet owners (rental car companies, leasing companies, entrepreneurs) seeking fleet monetization and individual vehicle owners (cars valued $5,000+, less than 15 years old) seeking passive income, with gig economy drivers and personal-use renters on the demand side. Distribution is fully self-serve/PLG across web and mobile, with content marketing via a Help Center, Trustpilot social proof, and social sharing of listings.
The company operates across 12 US states (AZ, CA, CO, CT, FL, GA, IL, MD, NV, PA, SC, TX), with five of those states requiring specific insurance coverage. TripCity has roughly 10 employees, no disclosed institutional funding, and no disclosed revenue; named customers include Auto City (enterprise fleet), JES Automotive, and KADS Rental LLC. Ownership is private and founder/operator-led under Teq Mobility, LLC.
TripCity firmographics
Firmographics- Name
- TripCity
- Legal name
- TripCity, LLC
- Website
- https://tripcity.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TripCity is a peer-to-peer car rental marketplace connecting vehicle owners with gig economy drivers and personal-use renters across 12 US states, monetizing via a 7.5% commission and integrated $29/day insurance that generates rideshare-ready documentation.
- Ownership category
- akta.pro rank
TripCity industry classification
Industry- Product category
- Peer-to-Peer Vehicle Rental Marketplace
- NAICS
- Passenger Car Rental (532111)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- Car Rental & Mobility Booking Platforms (Carshare/Rideshare/Micromobility) (THALAFAE)
- akta.pro secondary industry
- Peer-to-Peer Ridesourcing (Private Car Marketplace) (THAIAGAH)
Keywords
Where TripCity is headquartered
LocationHeadquarters
- HQ city
- Not specified
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TripCity business model
Business model- GTM type
- B2B and B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Personnel, Infrastructure, Others
Revenue model
- Platform Commission (Owners): TripCity charges a 7.5% fee on listing prices, with owners retaining 92.5% of their rental income. Commission covers platform services, booking management, and integrated insurance.
- Driver Rental Fees: Drivers pay daily rental fees for vehicle access, which includes integrated insurance coverage at $29/day for both leisure and rideshare use. Fees are processed through the platform and split between TripCity commission and owner payout.
- Integrated Insurance: Insurance is seamlessly incorporated into the driver's booking process as part of the rental cost, providing physical damage and liability coverage during active rentals.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Daily rental with integrated insurance - $29/day |
| Transaction based/ take rate | Pay-as-you-go | Owner commission fee - 7.5% |
| Transaction based/ take rate | Pay-as-you-go | Physical damage deductibles |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
TripCity product offering
Product offeringCore offering
TripCity is a peer-to-peer car rental marketplace that connects vehicle owners (individual and fleet) with drivers seeking vehicles for gig work such as rideshare and delivery, or for personal use. The platform manages the full rental lifecycle including vehicle search, booking, integrated insurance coverage ($29/day with up to $1M liability), payment processing via Stripe, and owner payouts. It also provides fleet management tools, automated toll management, and GPS-based vehicle tracking through partner integrations, operating across 12 U.S. states.
Product overview
TripCity operates as a unified peer-to-peer car rental marketplace designed for both gig work (rideshare, delivery) and personal use. The platform consists of the core TripCity marketplace platform, complemented by the Driver App (iOS/Android) for renters and the Owner Dashboard (web) for vehicle listing and fleet management. Insurance products include On-Rent Coverage (automatic during rentals) and Off-Rent Coverage via TeqMobility (required for PA/NV owners). Integrated partner modules include FleetIT for automated toll management, Passtime GPS for vehicle tracking with remote-disable capability, and Tinker DIY for virtual inspections. A 24/7 AI Support Agent provides round-the-clock assistance. The platform operates across multiple U.S. states including AZ, CA, CO, CT, FL, GA, IL, MD, NV, PA, SC, and TX.
Differentiator
Problem solved
Functional benefit
Products and services
- TripCity Peer-to-Peer Car Rental Marketplace
- TripCity Driver Mobile App
- TripCity Owner Dashboard (Web)
- Off-Rent Coverage (TeqMobility)
Quantifiable outcome
- Owners earn up to $750+ per month per vehicle
- +2 more outcomes
Companies that use TripCity
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
TripCity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature5 records
TripCity partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and supporting.
- FleetITcoreFleetIT provides automated toll management for TripCity owners. Tolls are imported directly from tolling authorities, automatically matched to correct trips, and billed to the correct renter. Owners receive a 20% discount using promo code TC2026. Integration available through Settings > Integrations in the owner dashboard.
- Passtime GPScorePasstime GPS provides vehicle tracking with starter-interrupt capability for TripCity owners. Enables real-time location tracking, remote vehicle disabling for unresponsive drivers, and faster recovery during late returns or theft situations.
- Tinker DIYsupportingTinker DIY provides digital inspection platform for rideshare vehicles. TripCity owners receive 20% discount using promo code TRIPCITY. Currently available in CA, CO, CT, FL, GA, SC, TX.
- TeqMobilitycoreTeqMobility provides Off-Rent Coverage that automates insurance activation when vehicles are not rented. Automatically activates insurance when vehicle is idle, stored, off-platform, or in transit; deactivates when rented. Available in AZ, CA, IL, MD, GA, TX. Required for PA and NV owners.
- StripecoreStripe processes all payments on the platform including rental fees, owner payouts, and incidental charges. Payment data stored securely by Stripe. Owners connect bank accounts via Stripe for automatic weekly payouts.
- Google Maps PlatformsupportingGoogle Maps APIs are used for location services within the platform, including finding cars near location and place autocomplete functionality.
Scale indicators3 records
Recent moves1 record
Expansion highlights4 records
TripCity competitors and assessment
Company assessmentDirect peers
- Getaround: Peer-to-peer car rental platform with hourly booking and integrated Connect technology. Operates the same two-sided marketplace model for vehicle sharing, competing for both owner supply and renter demand.
- Turo: Largest peer-to-peer car rental marketplace in North America, connecting private vehicle owners with personal-use renters. Comparable marketplace mechanics, though Turo skews to leisure/personal use versus TripCity's gig-driver focus.
- Hyrecar: Peer-to-peer car rental marketplace purpose-built for rideshare and delivery gig drivers — the closest direct competitor to TripCity, offering a similar owner-to-driver model with insurance integration.
Broad incumbents
- Sixt: European-rooted global rental and mobility company expanding in the US with subscription and fleet leasing products that overlap with TripCity's gig-driver rental use case.
- Uber: Rideshare platform that has launched its own vehicle rental products (Uber Rent via Hertz partnership) and controls the demand side of TripCity's primary customer segment. Potential disintermediator as well as indirect competitor.
- Hertz: Global traditional car rental incumbent with a partnership with Uber for gig driver rentals (Hertz × Uber). Competes with TripCity for driver vehicle access at scale and represents a major institutional alternative.
- Zipcar: Round-trip carsharing service owned by Avis Budget Group. Operates a station-based shared-fleet model that competes for the same urban short-trip and gig-driver demand pool, though with a different access mechanism.
- Enterprise Mobility: Largest traditional car rental operator in North America with extensive corporate and consumer rental programs, including long-term leases used by gig drivers. Represents the dominant incumbent in physical car rental.
- Avis Budget Group: Major traditional rental operator offering weekly/monthly rentals used by gig drivers as an alternative to P2P marketplaces. Represents the incumbent benchmark for fleet-based rental.
Emerging players
- Kyte: Emerging car rental delivery startup offering on-demand vehicle delivery to customers. Targets similar consumer/short-term rental demand and competes for owner-side fleet partners, though with a delivery-led rather than owner-listings model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
TripCity social profiles
Digital presenceTripCity financial estimates
Financial estimateRevenue estimate
Valuation estimate
TripCity leadership team
Management profileNumber of profiles
TripCity funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TripCity M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TripCity
What does TripCity do?
TripCity is a peer-to-peer car rental marketplace that connects vehicle owners (individual and fleet) with drivers seeking vehicles for gig work such as rideshare and delivery, or for personal use. The platform manages the full rental lifecycle including vehicle search, booking, integrated insurance coverage ($29/day with up to $1M liability), payment processing via Stripe, and owner payouts. It also provides fleet management tools, automated toll management, and GPS-based vehicle tracking through partner integrations, operating across 12 U.S. states.
Is TripCity a public or private company?
TripCity is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TripCity founded?
TripCity was founded in -1. It employs 1 to 10 people.
Where is TripCity based?
TripCity is headquartered in Not specified, United States, in the North America region.
How does TripCity make money?
Three revenue lines are on record. Platform Commission (Owners) is the primary driver. The others are driver Rental Fees and integrated Insurance.
Who are TripCity's main competitors?
Direct peers on record are Getaround, Turo and Hyrecar. Broad incumbents are Sixt, Uber, Hertz, Zipcar, Enterprise Mobility and Avis Budget Group. Kyte is listed as an emerging player.
Does TripCity have an API?
No public API is recorded for TripCity.
What industry is TripCity in?
TripCity's product category is Peer-to-Peer Vehicle Rental Marketplace. Its primary akta.pro industry code is THALAFAE, Car Rental & Mobility Booking Platforms (Carshare/Rideshare/Micromobility), with a secondary code of THAIAGAH, Peer-to-Peer Ridesourcing (Private Car Marketplace). Its NAICS code is 532111 and its SIC code is 7510.