Citygoo, a French provider of an instant carpool app, raised €800k in funding.
Backers included Day One Entrepreneurs & Partners, Club Invest Île-de-France, Sibessor 2, Christophe Courtin, Jean-Marc Bouhelier and Groupe Investessor.
The company intends to use the funds to expand in France and launch in European capitals by the end of 2018″.
Launched by Patrick Robinson Clough and Eric Feuerstein in 2014, Citygoo provides a city carpool application, which uses a matching system as well as an AI algorithm to anticipate users’ movements.
The application is available in the cities of Paris, Lille and Lyon.