BlaBlaCar is ride-sharing app geared towards long-distance carpooling. The company's site and mobile app allow customers looking to travel long distances to connect with drivers going the same way. All travelers then share the cost of the journey. BlaBlaCar's platform is engineered to create a secure, trust-based community with declared identities and full member profiles. Members can even specify how talkative they are, ranging from “Bla” to “BlaBlaBla”, which was the genesis for the name "BlaBlaCar".
BlaBlaCar is backed by Accel Partners, Insight Ventures, Index Ventures, Lead Edge Capital, Baring Vostok and ISAI and operates primarily in western/eastern Europe, Russia and Brazil. Eastern Europe, Russia and Brazil are currently growth markets for the company. BlaBlaCar is based in Paris.
*Based on Preferred Stock Price, BlaBlaCar does not have a stock symbol since it is currently private and is yet to have an IPO.
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