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Sumitomo Corporation of Americas Makes Strategic Investment in Turo

April 16, 2018

Sumitomo Corporation of Americas Makes Strategic Investment in Turo

New York, NY - Sumitomo Corporation of Americas (SCOA) announced today its investment in Turo, Inc. (Turo), an online car sharing marketplace headquartered in San Francisco, as part of their Series D round of funding. The strategic partnership and investment will not only provide the additional capital necessary to grow Turo, but SCOA will provide market insights for Turo’s eventual Japanese and APAC expansion.