French Carpooling Startup BlaBlaCar Raises $100M in Funding

July 2, 2014

5:08 pm

Why hire a black car service when you can just catch a ride with someone going towards your destination anyway? That’s the idea behind BlaBlaCar, a French carsharing company. They announced today that they raised $100 million round from Index Ventures, Accel Partners, and more to “transform city-to-city travel.”

Unlike Uber,  BlaBlaCar doesn’t enlist drivers but offers users a seat in a car of someone who already plans to drive to your destination. It is an alternative to public transportation.

BlaBlaCar cofounder Nicolas Brusson said in a recent interview that a “typical journey” on BlaBlaCar averages around “200 miles” and costs the passenger “about $20.” Drivers “offer their empty seats to passengers who book them the same way they would book a train ticket. The drivers are not making a profit, they are sharing a cost,” said Brusson.

The startup plans to expand to Brazil and Turkey but no plans of expanding to U.S just yet.

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Camila has been heavily active in South Florida’s tech startup community, where she is a co-host of a local radio show called pFunkcast. Camila previously worked at Greenpeace International and the Organization of the Prohibition of Chemical Weapons (OPCW) in various communication roles. A proud Brazilian who spent most of he life in Peru, she is passionate about traveling and documentaries.

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