Australian-based travel marketplace Jayride.com has
lined up $400,000 AUD in seed funding for its ride-sharing service,
which also aggregates transportation data. The angel funding was led by Andrey Shirben, one of the first investors in Kenshoo,
a digital marketing software company. In addition to helping in the
financing, Shirben will also bring his digital marketing expertise to
assist the company, as well as connect Jayride with other players in the
global travel sector.Compared with other current ride-sharing and carpooling startups, Jayride’s unique angle is to provide a single interface for finding all your transportation options, including commercial transport, and combining that data with the available ride-sharing options. This way, travelers will never be in a situation where they research a route and end up without options. Instead, when there are no ride-shares found on your planned route, Jayride will show you bus schedules, shuttles, relocation cars and other transportation options.
Shirben tells us that the angel round was supposed to be for $350,000 AUD, but after he put his money in, it became overbooked by 30-40%. Within a year, Jayride plans to raise another round led by a U.S. VC firm, as it prepares to expand its geographical transport data coverage. More
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