Citygo - Urban Carpooling
Citygo, with its slogan "On a le covoit' en commun!" (We have carpooling in common!), is a positively impactful startup offering a short-distance carpooling application, also known as urban carpooling. With a community of over 2 million members, Citygo is committed to fostering sustainable mobility for the urban and peri-urban community. Their solution aims at providing a quick, comfortable, and accessible alternative for commuting in areas with limited public transportation, leading to social, economic, and environmental benefits. The platform utilizes advanced geolocation tools and machine learning to facilitate instant or planned ride-sharing.
Founded in 2013 and headquartered in France, Citygo has amassed over 6 million trips since its launch in 2016, with a monthly rate of approximately 200k trips. It has contributed over €70 million to drivers while saving more than 21k tons of C0², equivalent to 9,000 roundtrips between Paris and New York. Their recent €800.00K Venture Round investment on 29 January 2018 from L'Accélérateur, Investessor, Sibessor 2, Jean-Marc Bouhelier, Club Invest Ile de France is indicative of investor confidence.
Citygo's exceptional growth has set the stage for their expansion into major French and international metropolises, showcasing their ambition and potential for further success in the mobile industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Venture Round | €800.00K | 5 | Sibessor 2, Jean-Marc Bouhelier +2 | 29 Jan 2018 |
Seed Round | €600.00K | 4 | Investessor, Club Invest 77 | 01 Apr 2017 |
Seed Round | €450.00K | 4 | WeLikeStartup, Pentalabbs +1 | 06 Jan 2016 |
Seed Round | €200.00K | 2 | Pentalabbs, Club Invest 77 | 01 Apr 2015 |
Seed Round | €212.00K | 2 | Pentalabbs | 18 Oct 2014 |
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