Tripda raises $11 million to expand further into U.S.
Ride sharing platform Tripda has raised a $11 million series A to fund its expansion into North America.
Tripda is the long-distance ride sharing service that supplants other ride share venues, such as basic Craigslist postings, with a profile-based system that also offers direct payment processing to increase trust and security for both passengers and drivers.
The financing comes on the heels of growth into the United States, which we covered in the Tnooz startup pitch here. The team is a project of Internet business behemoth Rocket Internet, and will continue to expand as needed to support the new countries.
In the post announcing the Series A, Adi Vaxman, Co-founder and CEO of Tripda shared a bit behind the raise: