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.
-
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)
-
On Automotive: An All Electric Edition
A look at electric vehicle-related developments, from new products to recycling old batteries.
