US ride-sharing startup SideCar, which is backed by venture heavyweights Lightspeed and Google Ventures, has purchased the assets of Heyride, an Austin-based ride-share company.
The deal extends the San Francisco-based SideCar?s reach. The company will begin rides in Philadelphia, Austin, and Los Angeles.
SideCar uses smartphones to connect drivers with a car with other nearby users in need of a ride. Riders place a pick-up and drop-off request on the app, which drivers can then accept. Once accepted, drivers can be viewed approaching in real time.
Riders can make a voluntary donation via the app, and members of the community can rate each other, ensuring the safest and best drivers are recognised while people with low ratings are removed.
The app is already popular in San Francisco and Seattle, with more than 100,000 connected rides.
Heyride was originally founded in 2012 because of the team?s frustration with limited transport options during the major local music SXSW festival.
Sunil Paul, CEO of SideCar, said, ?We?ve heard from people across the country and around the world that they want the SideCar community to take root in their cities and towns,
?Heyride?s talented team has developed a unique design and experience that will help take the rideshare movement we started here in San Francisco nationwide. We are thrilled to welcome Heyride to the SideCar family.?
SideCar?s backers include Google Ventures, Lightspeed Venture Partners, Spring Ventures, Huron River Ventures, SV Angel, and Lerer Ventures.
Copyright ? 2013 NewNet
Tags: app, austin, heyride, ride, ride-sharing, San Francisco, sharing, sidecar, smartphone, startup, transport
Related Posts
Leave a Reply
You must be logged in to post a comment.
new york auto show 2012 tulsa easter eggs pineapple upside down cake free ecards flying car masters golf tournament
No comments:
Post a Comment