Social transportation platform Tickengo scores seed money from Kima Ventures
The rather active seed fund of Xavier Niel and Jeremie Berrebi did not reveal the exact amount invested in Tickengo’s platform, which was initially launched in 2006 in only 4 French cities: Paris, Lyon, Marseille and Toulouse. It wasn’t until 2008 that the platform opened up to all of France and later became available to the US, Canada, the UK and Belgium.
Tickengo’s solution is also available as a free cloud application for companies, organizations and events that wish to facilitate access to their locations for employees and participants.
In Europe, carpooling sites have definitely gotten a lot of attention with last year’s volcanic cloud and the winter snow storms that closed airports and canceled numerous trains. However, a new generation of Zipcar-inspired services have popped up as part of a more eco-friendly initiative, including RelayRides-like CityzenCar.
Tickengo is one of the 100 investments that Kima Ventures has made since its official launch last year. As part of a new international initiative, the fund now only accepts applications in English. In addition to Tickengo, Kima also recently invested in the iPhone app-turned-restaurant-server Storific.