Ecov - Stock

Ecov accompanies local authorities and communities in achieving real time carpooling lines.

Sign up today and learn more about Ecov - Stock

Invest in or value your shares in one or many pre-IPO companies through an EquityZen investment vehicle.

About Ecov - Stock

Ecov is a start-up expert real time carpooling lines. Ecov accompanies businesses and communities in achieving carpool solutions. 80% of trips in France are made by private car. This has huge environmental and economic consequences – in France private cars account for 16% of greenhouse gas emissions and eat up 14% of the average household budget. Reliance on cars is also a major social concern, with 54% of people living on a low income having to turn down work due to lack of transport. Moreover, on a day-to-day basis, the average car carries just 1.3 people, meaning that the road transport system (roads + vehicles + users + networks) is not being used efficiently. Carpooling (sometimes also referred to as lift-sharing, car-sharing or ride-sharing) is one solution. However, although carpooling is now a popular choice for long journeys, only 3% of day-to-day trips are made using conventional, pre-booked carpooling services. We believe we can change this. To change behaviours and reduce the number of solo drivers on the roads, we need to re-think how carpooling works. The constraints inherent in pre-booked carpooling are a barrier to uptake. That’s where our new concept – the carpooling line – comes in. Designed to operate like a typical bus line, with a designated route and stops, it allows people to carpool spontaneously, without booking. Drivers make their trip as usual, leaving whenever they want and picking up passengers along the way. At peak times on our busiest lines, passengers wait no longer than 5 minutes for a ride, just like on a high-frequency bus line.

Funding History

October 2015$153K
March 2017$50K
June 2017$600K
December 2017$400K
May 2018$1.2M
May 2019$9.8M
December 2020$1.7M
April 2021$1.8M
May 2023$11.8M

Management

President & Co-Founder

Thomas Matagne

Board member

Pierre de Fouquet

Chief Marketing Officer

Margaux Lallement

Chief Operating Officer

Thomas Chaumard

Press

Join 630,000+ Investors and Shareholders

On our trusted digital marketplace for private companies

EquityZen Recognized As:

Logo