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BlaBlaCar secures €150k from angel investor Luis Martín Cabiedes to boost its carpooling marketplace. The investment aims to address early skepticism and enhance growth.
PRIVATESep 18, 2026•about 3 hours ago
Amount Raised
€150,000
Round Type
Pre-Seed
ParisTransportationTravelRide Sharing
Investors
Luis Martín Cabiedes
Description
Paris-based BlaBlaCar faced early challenges in attracting investment, with concerns about carpooling's viability. Spanish angel investor Luis Martín Cabiedes ultimately committed €150k to support the company. This funding will help BlaBlaCar build its marketplace for long-distance carpooling. The investment reflects growing confidence in BlaBlaCar’s business model.
Company Information
Company
BlaBlaCar
Location
Paris, Ile-de-France, France
About
BlaBlaCar is a Paris-based mobility company that disrupted the mobility sector in Europe with its carpooling platform. The company aims to aggregate all ground transportation methods, including carpooling, bus rides, and eventually train tickets.
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ParisTransportationTravelRide Sharing