Daimler-backed car-sharing marketplace Turo on Monday confidentially filed paperwork with regulators for an initial public offering in the United States.
Turo is the latest to explore going public this year, after a string of debuts including SoftBank-backed Full Truck Alliance, electric-vehicle maker Lucid Group, and Plus, a self-driving truck technology startup.
In 2017, Daimler and South Korea's SK Holdings co-led a $92 million financing round in Turo, which is also backed by Alphabet Inc's venture capital arm, GV.
The round also featured Turo acquiring Daimler's peer-to-peer, car-sharing platform Croove.