Digital

Ridesharing Startup Sidecar Raises $10 Million to Launch New Marketplace

Excerpt from GigaOm

Feb 19, 2014 11:00 am

Skift Take

Sidecar is positioning itself as the most personal on-demand car service by giving users the ability to favorite and pick their own driver. It will be interesting to see if similar services, including Uber, also add a more personal touch.

— Samantha Shankman

Sponsored by:

Evolving Strategies in Travel Ad Tech and Bookings

John Green  / Contra Costa Times/MCT

Phillip Zakhour is a driver for Sidecar in San Francisco. John Green / Contra Costa Times/MCT


Ride-sharing app Sidecar launched a new marketplace model on Wednesday that allows users to connect with drivers in new ways, including naming a price and “favoriting” drivers. The company also announced a $10 million Series B funding round from Union Square Ventures, Correlation Ventures, Avalon Ventures and SoftBank Capital.

The round brings the total amount of funding Sidecar has raised to $14 million. The company said via email that the new money will go toward growing staff and product.

Read the Complete Story →

Tags: , ,

Next Up

More on Skift

American Airlines and Marriott Take Top U.S. Honors in Freddie Loyalty Program Awards
HomeAway’s First Quarter Profit Narrows as Paid Booking Model Ramps Up
Skift Business Traveler: The Winning and Losing Airlines of Q1
How to Find the ‘Holistic Traveler’ Trapped in Your Data

We're the Moneyball of the Travel Industry

We know what's coming next in travel. Subscribe to the newsletter and get all the goodness in your inbox daily.