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

Free Report: The State of Student Travel

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

Pegasus Solutions Restructuring and Layoffs Under Way
Hilton Sees Filling Rooms on Weekends as New Trend
Up to 53% of Airline Passengers May Suffer From NoMoPhobia
Becoming Guest-Centric: Why Hotel Marketing Needs to Change