【the plough inn ford cotswolds】The Uber Of Europe, BlaBlaCar, Just Raised A Whopping $100 Million

blablacar_founders3_cropped_very_small

BlaBlaCar

Frédéric Mazzella,the plough inn ford cotswolds CEO; Francis Nappez, CTO; Nicolas Brusson, COO

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

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.

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.

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.

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