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

Jul 2, 2014, 19:03 IST

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

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

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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.

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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.

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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.

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