September 18, 2015
Willkie advises Insight in connection with a $200 million investment round in ridesharing company BlaBlaCar.
On September 17, BlaBlaCar, the world’s largest long-distance ridesharing community, announced a $200 million Series D investment round led by Willkie client Insight Venture Partners and Lead Edge Capital. Raised to meet the demand of accelerated growth in established markets and phenomenal take-off in new markets, the round makes BlaBlaCar one of Europe’s most well-funded startups, with over $300 million in funding to date.
BlaBlaCar is the world’s leading long-distance ridesharing platform – a global, trusted community of drivers and passengers in 19 countries.
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries.
The deal was handled by partners Gordon Caplan, Annette Péron and Matthew Guercio, special European counsel Karine Lenczner, and associates Thomas Saint-Loubert-Bie and Adam Remo.
