BlablaCar, European Social Carpooling Marketplace, Raises $10 Million from Accel Partners

Posted on Jan 17 2012 - 5:27am by Editorial Staff

BlablaCar, a European social carpooling marketplace, has successfully raised $10 million from Accel Partners and existing investors ISAI and Cabiedes & Partners. The total funding that the company has raised is $12.5 million so far.

BlablaCar, a website in which drivers can register, publish their trips and contact other members who are making the same trip as you by sending them a message or calling them directly by telephone. If you’re a passenger, you can search the site and contact a driver who has published a trip that interests you. Further, if you don’t find a trip that interests you, you can publish your trip story leads to other site members contact you.

The service is free of cost but drivers can charge a fixed price per passenger, which would be around €20 per ride. BlablaCar service is currently available in the United Kingdom, in France and Spain. The company’s plan is to use the part of the funding towards fuel further expansion of its service across the rest of Europe.

When you are in any of the above European country and do need of a ride, do remember to buzz BlablaCar up.

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Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.