SnapCar raises €2 million to further expand its Business Class focus

SnapCar raises €2 million to further expand its Business Class focus


SnapCar is celebrating its 2nd year with big news, announcing that they’ve just closed an impressive €2 million round with a group of business angels, including top executives from the travel sector including, Charles Petruccelli,former CEO of American Express Travel and Bertrand Mabille, Carlson Wagonlit’s current DG for France. For SnapCar founders Dave Ashton and Yves Weisselberger, having such an experienced group of travel execs on as investors and advisors will be extremely valuable for them as they look to expand their foothold in the corporate transportation sector in France and beyond.

While many in France (and elsewhere) look to Uber as the leader in the taxi-disruption, SnapCar has been quietly been building its business through targeting a lucrative and often loyal group of customers:  enterprises. With 200 companies already on roster and several new big name clients to be revealed in the coming weeks, SnapCar have clearly shown that they understand the sometimes complicated transportation-related requirements unique to enterprises’. As such, they’ve worked to seduce companies by helping them first and foremost to reduce costs & control ground transportation spend, while continuing to provide superior services to users. Some of the specific services they offer to users include:

  • Fixed prices and Advanced bookings
  • Central payment
  • Detailed reporting at Corporate level
  • Split of Companies in Department, management of Cost Centers
  • Booking for guests

Focusing on companies as a priority target is a smart move and should help them more quickly jump-start their plans to expand across Europe and, eventually, beyond.