Mexican Media Brands
Scoop Ride-Sharing Raises $60 Million
California-based startup Scoop Technologies Inc. has raised $60 million in its latest funding round to more than double the ride-sharing firm’s investment total to $106 million.
Share
California-based startup Scoop Technologies Inc. has raised $60 million in its latest funding round to more than double the ride-sharing firm’s investment total to $106 million.
Among the new investors are Goldman Sachs, NGP Capital, Total Group and BNP Capital. BMW’s iVentures unit has participated in previous rounds.
Scoop’s peer-to-peer service helps co-workers and neighbors coordinate and share rides. The company’s smartphone app manages scheduling, routing and payments.
The four-year-old company says it has facilitated 7 million carpool trips. With more than 50 corporate customers, Scoop operates in six major metropolitan areas in California, Nevada, Oregon and Washington.
Last year, Scoop inked a deal with Lyft Inc. to coordinate services by the two companies in select markets. If a pre-planned Scoop trip is canceled at the last minute, a Lyft car automatically is scheduled in its place.
RELATED CONTENT
-
GM Seeks to Avert U.S. Plant Shutdowns Linked to Supplier Bankruptcy
General Motors Co. says it hopes to claim equipment and inventory from a bankrupt interior trim supplier to avoid being forced to idle all 19 of its U.S. assembly plants.
-
On Electric Pickups, Flying Taxis, and Auto Industry Transformation
Ford goes for vertical integration, DENSO and Honeywell take to the skies, how suppliers feel about their customers, how vehicle customers feel about shopping, and insights from a software exec
-
Things to Know About Cam Grinding
By James Gaffney, Product Engineer, Precision Grinding and Patrick D. Redington, Manager, Precision Grinding Business Unit, Norton Company (Worcester, MA)
