The Uber Of Europe, BlaBlaCar, Just Raised A Whopping $100 Million

Advertisement

blablacar_founders3_cropped_very_small

BlaBlaCar

Frédéric Mazzella, CEO; Francis Nappez, CTO; Nicolas Brusson, COO

Ridesharing startup BlaBlaCar just raised a $100 million Series C round led by Index Ventures.

Advertisement

That figure makes it one of the largest venture investments in a French startup, according to The Wall Street Journal.

Here's how it works.

Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More

Let's say you're driving to work and you have some extra seats. You can pop open the app and charge people looking for a ride heading in your direction. It's like hitchhiking meets carpooling meets Uber.

BlaBlaCar has 8 million registered members and one million monthly active passengeers.

Advertisement

It's currently live only in Europe - specifically, in Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Poland, Portugal, Russia, Spain, the Ukraine, and the U.K.

We've reached out to BlaBlaCar to learn more about the service and if it will ever arrive in the U.S.; we'll update this story when we learn more.