Paris-based long-distance ride-sharing startup BlaBlaCar announced a $100 million Series C funding round led by Index Ventures today. As part of the round, Index’s Dominique Vidal and Martin Mignot will be joining the board. Here, Dominique and Martin explain why Index is so excited about what lies ahead for the company.
The best consumer companies tend to be the simplest. They do one thing particularly well. So well, in fact, that its customers soon take them for granted, and forget that they ever lived without them, and that the premise the company is based on, was once viewed as unthinkable, even slightly ridiculous. BlaBlaCar falls squarely into that category.