Carpooling.com Gets $10 Million In Funding

Sites include carpooling.com . Published on August 10th, 2012. Written by Anthony West.

Carpooling is no longer the faddish and uncomfortable experience of 20 years ago, today the practice is heavily used and there is no shortage of companies looking to make money from it. Such is the aspiration of Carpooling.com which has raised $10 million from car maker Daimler. The company itself is based over in Germany so the C-Series funding source is really no big surprise.

This fresh injection of capital will allow Carpooling.com to enter the US market and take on the more established players like Uber. The space is crowded and even within the whole car sharing space, verticals are developing.  Car pooling and car sharing are now distinct markets and the German company will be looking to get a piece of both.

The one thing Carpooling.com has going for it though is its size and experience. The company is present in over 40 countries; has 4 million registered users. CEO Markus Barnikel is optimistic: “We will be building out our global presence by integrating different mobility options to give users the best way to get from A to B. This could include car sharing offerings from OEMs or other companies as well as train, buses, planes or even bicycles.”

Germans certainly understand efficiency; especially transport efficiency and Carpooling will no doubt bring the same thing stateside.