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Business Carpooling Startup Raises $60 Million

Business Carpooling Startup Raises $60 Million

Scoop, a corporate carpooling startup has raised $ 60 Million in order to expand its services as well as for its growth. This round of funding brought the company’s total funding valuation to $106 million with the help of Activate Capital along with NGP Capital, BNP Capital, Goldman Sachs, Total Group, and few others.

Scoop is currently working with more than 50 companies including T-Mobile, LinkedIn, and Workday, employees of whom are using its services to get to work from home and vice-versa.

Scoop provides a facility to the users to select their trip, as needed, for morning or afternoon from the company’s pre-scheduled trips. Individuals can book their ride before 9:00 pm for the next day morning trip, and before 03:30 pm for the same day afternoon trip. As the deadline finishes, the carpools get generated automatically from the algorithms of the company on the basis of company preference, favorites, routes, detours, and such other factors.

Scoop is currently serving with 7 million carpool trips in Seattle, San Francisco Bay Area, Los Angeles, Portland, and Reno, the six major metro cities along with more than other 2,000 cities.

Scoop had signed a partnership deal with Lyft, late last year, which is being continued to present day.

In a statement, Rob Sadow, the Co-founder and CEO of the company said, “By partnering together, Scoop and Lyft are ensuring that commuters not only gain a stronger sense of community by carpooling to work with co-workers and neighbors, but that they also feel supported in the event of last-second schedule changes and know they have guaranteed transportation home.” He added, “With this program, carpoolers are able to request a Lyft or view public transit options through the Scoop app.”

He further stated, “We’re thrilled to partner with both our investors and customers to help improve what is often one of the worst parts of all of our days: our commutes.” He also included, “We look forward to aggressively expanding across the United States in order to meaningfully impact quality of life for commuters everywhere.”

The post Business Carpooling Startup Raises $60 Million appeared first on Business Magazine.



This post first appeared on Insights Success Is The Best Business Magazine In The World For Enterprises, please read the originial post: here

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Business Carpooling Startup Raises $60 Million

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