Zipcar, Inc.

Zipcar empowers pedestrians. The company rents cars under the Zipcar name by the hour or day, rather than by the week. It offers more than 775,000 members access to more than 10,000 vehicles parked in designated spaces throughout 20 major metro areas, and on more than 300 college campuses, in the US, Canada, and Europe. Drivers (aka Zipsters) pay a fee to use Zipcar's reservation system; they unlock a vehicle using a keyless-entry Zipcard. Hourly rates cover mileage, fuel, and insurance. Founded in 2000, the company typically targets individuals who are supplementing the use of public transportation through car rentals. Zipcar is owned by Avis Budget Group.