Wagram Corporate Finance advised Allocab in its €4m fundraising from BPCE.
Allocab is a French startup founded in 2011 that offers an online platform and mobile application for instant booking of private drivers and motorcycle taxis. Users can select their preferred vehicle based on criteria such as brand, model, driver rating, and available amenities like Wi-Fi access. The service is available in various French cities, including Paris, Marseille, Aix-en-Provence, Nice, Cannes, Toulon, and Monaco. Allocab has also partnered with the French National Railway Company (SNCF) to provide door-to-door transportation services.
This fundraising will help Allocab to support drivers in the transition to electric vehicles and support sustainable development corporates strategy, by providing a fully integrated low carbon mobility solution.
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