Less
6 rue de l'Electricité, Hœnheim, Ile-de-France, 67801, France
Overview
Less is a ride-sharing service that matches drivers already traveling from A to B with passengers seeking rides along the same route, focusing on commuters and short-distance trips. The company is building a navigation app as its entry product to attract users and collect traffic data. To incentivize adoption and gather real-time information, Less rewards drivers with small cash payments (examples in the article: €0.10 per km or €0.15 per km) when they drive in areas with outdated map data. Eventually the product will let drivers pick up passengers on the way; Less is not targeting professional drivers but ordinary people who can earn a few euros toward gas. The service currently operates only in the Paris area and is positioned against competitors such as BlaBlaCar’s BlaBlaLines. Less is an early-stage product that has begun fundraising to support development and growth.
- Total raised
- $19M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Nov 2017
Industries
- Apps
- Mobile Apps
- Navigation
- Real Time
- Ride Sharing
- Transportation
Recent funding
Equity
Nov 2017
$19M
Team
No current team members are available.