HyreCar

HyreCar, Inc. engages in the operation of a car-sharing marketplace. It also offers the renting of vehicle and other vehicle rental related services. The company was founded by Anshu Bansal and Abhishek Arora in September 2014 and is headquartered in Los Angeles, CA.

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HyreCar Inc

HyreCar to sell substantially all of its assets to carsharing marketplace leader, Getaround, unlocking new opportunities for gig economy workers and vehicle owners HyreCar to sell substantially all of its assets to carsharing marketplace leader, Getaround, unlocking new opportunities for gig economy workers and vehicle owners

HyreCar Assets To Be Acquired by Getaround, Creating the Largest Gig Economy Carsharing Marketplace in the U.S.

Getaround Inc

SAN FRANCISCO--(BUSINESS WIRE)--Getaround (NYSE: GETR), the world's first connected carsharing marketplace, today announced the company is acquiring substantially all of the assets of HyreCar (OTC: HYRE), a premier gig carsharing marketplace, for an aggregate purchase price of $9.45 million. The acquisition is expected to add up to $75 million of run-rate annualized Gross Booking Value and to contribute positive Adjusted EBITDA, accelerating Getaround's path to profitability. Adjusted EBITDA is.

Getaround Acquires HyreCar Assets to Accelerate Profitability Path and Fortify Worldwide Gig Carsharing Leadership Position

LOS ANGELES, Feb. 28, 2023 (GLOBE NEWSWIRE) -- HyreCar Inc. (OTC: HYRE) (“HyreCar” or the “Company”) today announced cancellation of its virtual special meeting of stockholders that was scheduled for March 21, 2023. The proposals set forth in the Company's Preliminary Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on February 1, 2023 will not be submitted for the consideration of stockholders.

HyreCar Cancels Special Meeting of Stockholders

Continues to operate and meet owner and driver needs for a gig-focused digital carsharing marketplace

HyreCar to Facilitate Sale of Business Through Voluntary Chapter 11 Process, Announces Leadership Changes

LOS ANGELES, Feb. 06, 2023 (GLOBE NEWSWIRE) -- HyreCar Inc. (OTC: HYRE) (“HyreCar” or the “Company”), the carsharing marketplace for ridesharing and food and package delivery services, today announced that, pursuant to its previously disclosed process to evaluate potential strategic alternatives meant to maximize shareholder value for the Company, the Company's board of directors (the “Board”) has retained Northland Capital Markets (“Northland”) as its financial advisor. With assistance from Northland and its other advisors, the Board will assess a full range of strategic alternatives, including a sale, merger, divestiture, recapitalization, going private transaction, additional financing, and other significant transactions. To date, the Company has received multiple executed NDAs in consideration of a potential transaction or strategic partnership.

HyreCar Retains Northland Capital Markets as Advisor to Explore Strategic Alternatives

HyreCar Select unlocks new makes and models and is expected to increase quantity and diversity of EV and ICE cars available for rent on the carsharing platform HyreCar Select unlocks new makes and models and is expected to increase quantity and diversity of EV and ICE cars available for rent on the carsharing platform

HyreCar Launches HyreCar Select Program to Increase Volume and Diversity of Car Supply

LOS ANGELES, Jan. 06, 2023 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today announced that it had raised $12.25 million in financing. The financing includes an initial tranche of $4.25 million that has been funded and a second tranche of $8 million that is subject to shareholder approval which is anticipated in the first quarter 2023. Less than $1 million in securities issued from the initial tranche will be registered securities and issued off of an S-3 registration statement. The remaining securities from both the initial and second tranches will be issued in a private placement that will be registered with the U.S. Securities and Exchange Commission in an S-1 registration statement at a later date.

HyreCar Announces $12.25 Million in Financing to Further Accelerate Growth and Terminates “At-the-Market” Offering

LOS ANGELES, Dec. 12, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today announced updates on progress of its joint venture with AmeriDrive and changes to its leadership team.

HyreCar Focused on Sustainable Topline Growth and Profitability as In-fleeted and Net New Vehicle Counts Increase

HyreCar, Inc. (NASDAQ:HYRE ) Q3 2022 Earnings Conference Call November 14, 2022 4:30 PM ET Company Participants Scott Arnold - IR, CORE IR Joe Furnari - CEO Eduardo Iniguez - Head of Finance & Interim CFO Conference Call Participants Jack Vander Aarde - Maxim Group Wyatt Swanson - D.A. Davidson Operator Good afternoon, ladies and gentlemen.

HyreCar, Inc. (HYRE) Q3 2022 Earnings Call Transcript

LOS ANGELES, Nov. 14, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food and package delivery services, today reported financial results and provided a corporate update for the third quarter ended September 30, 2022.

HyreCar Announces Financial Results and Highlights for the Third Quarter 2022

Conference Call to be held Monday, November 14, 2022, at 4:30 p.m. Eastern Time Conference Call to be held Monday, November 14, 2022, at 4:30 p.m. Eastern Time

HyreCar to Report Third Quarter 2022 Financial Results and Provide Corporate Update

LOS ANGELES, Oct. 18, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for rideshare and food/beverage delivery, today announced CEO Joe Furnari's participation in the LD Micro Main Event XV conference being held from October 25-27, 2022 at the Luxe Sunset Boulevard Hotel in Bel Air, California.

HyreCar, Inc. Announces Participation in LD Micro Main Event XV Conference

Shares of HyreCar have experienced exceptional volatility over the past years, while the business has made steady progress. HYRE presents a risky, but high-reward investment opportunity in the current market.

HyreCar - Great Potential But Not For The Faint Of Heart

Agreement to source vehicles from one of the largest rental car companies in the United States Agreement to source vehicles from one of the largest rental car companies in the United States

HyreCar's Fleet Partner AmeriDrive Initiates First New Car Purchases

LOS ANGELES, Sept. 19, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (NASDAQ: HYRE), the leader in carsharing for rideshare and food/beverage delivery, announced today that it has appointed Eduardo Iniguez as interim Chief Financial Officer. Serge De Bock will leave the company to assume a senior leadership position at another company. He will remain in his current CFO role at HyreCar through September 30.

HyreCar Appoints Eduardo Iniguez as Interim CFO and Rob MacKethan as Head of Risk & Insurance

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If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, HyreCar (HYRE) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

HyreCar (HYRE) Is Attractively Priced Despite Fast-paced Momentum

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Source: Maridav / Shutterstock.com Shares of HyreCar (NASDAQ: HYRE ) stock are up by over 50% today after the company announced that it has received a $100 million revolving line of credit (RLOC) from Medalist Partners and an undisclosed “premier global investment bank.” The bank will “provide primary financing” while Medalist provides $20 million of capital.

What Is Going on With HyreCar (HYRE) Stock Today?

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HyreCar Inc. (NASDAQ:HYRE ) Q2 2022 Earnings Conference Call August 15, 2022 4:30 PM ET Company Participants Scott Arnold – Investor Relations-CORE IR Joe Furnari – Chief Executive Officer Serge De Bock – Chief Financial Officer Conference Call Participants Jack Vander Aarde – Maxim Group Jon Hickman – Ladenburg Operator Good afternoon ladies and gentlemen. Thank you for standing by.

HyreCar, Inc. (HYRE) CEO Joe Furnari on Q2 2022 Results - Earnings Call Transcript

LOS ANGELES, July 12, 2022 (GLOBE NEWSWIRE) -- HyreCar Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today issued revised guidance of expected net revenue between $10.4M and $10.6M, narrowing previous guidance of expected net revenue between $10.2M and $10.7M, based on the company's strong performance in the second quarter. This would deliver a quarter over quarter revenue increase of 10% or close to $1.0M over the $9.5M revenue recorded in the first quarter of 2022, and would yield the highest quarterly net revenue in the company's history.

HyreCar Narrows Guidance Based on Strong Second Quarter Performance

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today announced the appointment of Greg Tatem as Chief Technology Officer and the transition of Ken Grimes to an executive advisory role, effective May 23, 2022. With over 25 years of experience leading strong development teams, Tatem brings a deep technical background and experience in e-commerce, user segmentation and front-end technology to HyreCar. He pre

HyreCar Appoints New CTO to Scale Platform Capacity to Over 100,000 Vehicles

HyreCar, Inc. (NASDAQ:HYRE ) Q1 2022 Earnings Conference Call May 16, 2022 4:30 PM ET Company Participants Scott Arnold - CORE IR Joseph Furnari - Chief Executive Officer & Director Brian Allan - President Serge De Bock - Chief Financial Officer Conference Call Participants Mark Argento - Lake Street Capital Markets Operator Good afternoon, ladies and gentlemen. Thank you for standing by.

HyreCar, Inc. (HYRE) CEO Joseph Furnari on Q1 2022 Results - Earnings Call Transcript

LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (Nasdaq: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, today reported financial results and provided a corporate update for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights Revenue was $9.6 million, compared to $7.4 million during the same period of 2021, an increase of approximately 28% from the same quarter last year Net loss was ($5.3) million and earnings per share of ($0.24), c

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