Provider of application designed to fight traffic gridlock and save people's time. The company's application offers ridesharing option that is detected in close proximity by a small bluetooth device and helps in carpooling and carsharing, enabling users to avail smarter and more sustainable transportation system.
Generating Revenue/Not Profitable
Privately Held (backing)
Venture Capital-Backed
The company closed on an undisclosed amount of convertible debt financing from SOSV on September 9, 2016. Previously, the company raised $5.6 million of venture funding in a deal led by SOSV on December 14, 2010. Other undisclosed investors also participated in the round. The new funds will be used for the company's global expansion and product development.
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