Peer to peer car sharing startup Zevo has raised $6 million in funding as it looks to expand across more major U.S. cities. Co-founder Hebron Sher says Zevo has “the secret sauce on how to make car sharing very lucrative for the host and very affordable for the renter. We very intentionally raised private capital. We rejected VC capital for that reason. I didn’t want to be on a 12-month to 18-month runway of ‘spend, spend, spend, spend,’ which is how corporate America likes to do things in this world.” Bootstrapping Zevo allowed Sher to gather good engineers, develop a strong go-to-market strategy, and cause “true disruption,” he said. By keeping things focused, Sher said Zevo is able to send more money to the vehicle owners than they’d get on platforms like Turo. Sher also talked up Zevo’s “contactless” process, which allows owners and renters to share a car without having to hand over keys or key cards. Zevo’s contactless nature is front-and-center because the service only uses EVs, which tend to be more technologically capable and therefore easier to integrate in a smartphone app. This connectivity also makes it easier to integrate other important pieces of the car-sharing equation, like commercial insurance. The result of all this is that, in the early going, Zevo is seeing a median rental of around 80 days. Hosts, meanwhile, can make back between 35% and 65% of the cost of their car in just a year, according to Sher. Since 90% of the vehicles on the platform are Teslas, that has Sher feeling pretty confident that he’s been able to find a different way to deliver on Musk’s promise from 2019.