Above: Sidecar promotional photo
On-demand car service Sidecar today announced a new $15 million funding round led by Avalon Ventures. Union Square Ventures and Virgin founder Richard Branson also participated in the round.
The new funding follows the launch of Sidecar’s “Shared Rides” carpooling service, which was announced shortly after Uber and Lyft teased similar carpooling services back in early August.
Sidecar tells us it has raised $35 million to date, following a 2013 $10 million round led by Union Square Ventures (announced February 2014) and a 2012 $10 million round led by Lightspeed Venture Partners and Google Ventures.
More to follow.
Sidecar’s smartphone app matches everyday people in their own car with people nearby for shared rides. It’s a fast, safe and fun way to get around the city, meet new people and keep extra cars off the road. Sidecar is a totally dif… read more »
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