SideCar Posts

Ride-sharing company Sidecar raises $15 million

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Sidecar is a ride-sharing company that has raised $15 million in funding from new and existing investors. New investor Richard Branson (Virgin founder) joined existing investors Avalon Ventures and Union Square Ventures. What is Sidecar? It is a company that connects riders with drivers like Uber and Lyft. Sidecar will make use of the funding to expand further in the U.S.

Uber extending insurance coverage following fatal accident

Uber, the on-demand car sharing service, is adding coverage for the times when drivers are in-between rides. The change was made following criticism over how a situation was handled when an Uber car was involved in an accident that killed a six-year-old San Francisco girl. Uber is extending its insurance policy on Friday to provide coverage for independent drivers who have Uber apps online, but aren’t carrying passengers.
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Sidecar receives $10 million in funding

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Sidecar is a ride-sharing service where drivers will be able to set their prices. Passengers can choose from a list of drivers based on distances, car quality, ratings, and price. Sidecar is available in Chicago and Los Angeles right now.

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SideCar Acquires Heyride

SideCar is an on-demand ride sharing service that has acquired the assets of Austin, Texas based rival Heyride.  SideCar uses smartphones to connect drivers that have a car with people that need a ride.  The acquisition will help SideCar build their operational presence in Austin, Texas in time for the SXSW 2013 conference.

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