It’s been a pretty big news day for Lyft, but let’s make it even bigger. TechCrunch has learned that Zimride, parent company behind the ride-sharing service, has closed a new, $15 million round of funding led by Founders Fund. Existing investors Mayfield Fund, K9 Ventures, and Floodgate also participated in the round. → Read More
Editor’s note: Navin Chaddha is a Managing Director at Mayfield Fund, a global early-stage venture capital firm with over $3 billion under management, whose portfolio companies leverage the drivers of cloud/SaaS, mobile, social, energytech and big data. Some current Mayfield Fund investments include Appcelerator, Fab, Marketo, Poshmark, Solarcity, and Zimride.
The U.S. e-commerce… → Read More
You ask for a ride, it rolls up, you get into the front seat and you give the driver a fist bump. This sounds like something you do when your best friend picks you up, and that’s exactly the experience that super-hot ride-sharing service Lyft wants to emulate.
I sat down with Lyft’s co-founder, John Zimmer, today, to discuss the company’s approach to community and to this ever-growing… → Read More
Zimride, a San Francisco-based startup that helps commuters share rides, is bringing itself to the East Coast with a new route between New York and Washington D.C.
With an already popular route between San Francisco and Los Angeles, this will add another one on the other side of the country. The average passenger from New York to Washington D.C. should pay about $25 for a seat, and the average… → Read More
The ridesharing-disruptive car service space in the U.S. is about to get a little more crowded: Carpooling.com, a ridesharing service out of Munich, Germany currently enabling million rides monthly, is today announcing a C-round of investment from carmaker Daimler, which it will be using to expand to the other side of the Atlantic starting in the fourth quarter of this year. Financial terms of the… → Read More
If you’re like me and you live in San Francisco where cabs are few and far between, Uber has been a godsend. But the marketplace for on-demand transportation is about to get a lot more interesting. That’s because there are a few startups that will be doing on-demand, ride-sharing at a much more affordable price point over the next few months.
Zimride, which has been around for a few years, will… → Read More
There’s a lot of exciting action in collaborative consumption, much of it being inspired by the early success of carsharing and ridesharing networks. After hitting 100 million miles served last year, Zimride is now one of the biggest online ridesharing companies in North America. Today, the startup is announcing the release of the mobile version of Zimride.com, a mobile-optimized version of its… → Read More
Zimride, a service that makes it easy to find people to ride-share with, has raised a $6 million Series A funding round led by Mayfield Fund. This round brings Zimride’s total funding to around $7.2 million, after a $1.2 million seed round last year that included Floodgate, K9 Ventures and Keith Rabois.
Zimride’s platform solves a common issue: helping people coordinate their carpools. It does… → Read More
Though The American Automobile Association (AAA) is only expecting a relatively marginal 2.5 percent decrease in travel over the holiday weekend compared to last year, gas prices are currently averaging $3.57 across the U.S. — an 82-cent increase from the same time last year.
In a timely piece of news for all those weekend riders out there, the social ride-sharing startup Zimride announced today… → Read More
Zimride – a startup with a tagline that reads “A Carpool Community” – sounds exactly like the sort of benevolent Web 2.0 service that will never make a cent. As it turns out, since launching in 2007 and winning fbFund last summer, the company has managed to carve out a nice niche for itself that saves its users money, helps the environment, and actually manages to generate revenue. And… → Read More
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