(Bloomberg) -- Car-sharing business Turo Inc., which filed paperwork for an initial public offering last year, has restarted its plans to go public and could list shares as early as this fall, according to people familiar with the matter.

Most Read from Bloomberg

• Apple iPhone 15 Event Will Tout Enhanced Camera, Titanium Finish

• Apple’s iPhone 15 Debut Includes Higher Price on Top Model

• The Mighty American Consumer Is About to Hit a Wall, Investors Say

• BP CEO Looney Quits Over Past Relationships With Colleagues

• Trudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From Modi

Turo’s investor roadshow could start as early as October, the people said, asking not to be identified because the matter is private.

The timing could still change and depends on market conditions and how the current crop of IPOs perform such as Arm Holdings Ltd., Instacart Inc. and Klaviyo Inc, the people said. No final decision has been made and its IPO plans could change.

A representative for Turo didn’t immediately respond to a request for comment.

Turo, which competes with Getaround Inc., connects car owners with short-term renters, functioning as an Airbnb Inc. for cars. By offering short duration trips from a few hours, to multiple days and weeks, Turo also seeks to compete with traditional rental car companies.

Turo’s largest investors include IAC/InterActiveCorp, August Capital, Canaan Partners, G Squared, Shasta Ventures and GV and their affiliates, its filing last year shows.

The company has raised about $500 million, dating back to 2009, according to data provider PitchBook. The company’s last known valuation was $1.2 billion in 2019, according to PitchBook.

The company had worked with banks including Morgan Stanley and JPMorgan Chase & Co. last year, its prospectus showed.

Most Read from Bloomberg Businessweek

• ADHD Drug Shortages Worsen as Makers Say Production Is Maxed Out

• James Dolan’s $2.3 Billion Sphere Is Raising Eyebrows—in a Good Way

• Google’s Ties With Apple Under Spotlight in Antitrust Trial

• Huawei’s Surprise Phone Gives Ammo to Biden Doubters on China

• Lyme Disease Has Exploded, and a New Vaccine Is (Almost) Here

?2023 Bloomberg L.P.