19. June 2013–
France-based online train-booking platform Capitaine Train has raised €2.5m from Index Ventures and CM-CIC Privé. The startup sells train tickets to a number of European destinations via partnerships with SNCF, Deutsche Bahn, iDTGV, Eurostar, Thalys and Lyria.
The transportation planning industry is one that we have seen becoming more and more crowded – particularly in Berlin, where both Waymate and GoEuro are competing to build the most comprehensive platform for booking destination-to-destination travel. They have a far broader offering than Capitaine Train, giving users price, time and comfort comparisons between travelling by train, plane, bus or driving. Both startups only launched in the past couple of months so are still working out bugs and competing to attract users. If Capitaine Train manages to perfect its platform, the startup's more targeted approach may see it come out on top in the European train-booking category.
Founded in 2009, Capitaine Train cofounder and CEO Jean-Daniel Guyot said: "This investment will fuel our entry to new markets while assisting our growth in France. We’re thrilled to have such a strong group of investors supporting that mission. This funding provides us with the opportunity to achieve our goal even faster."
So far, the service is available in French and German – though the company's expansion plans mean an English version should be available soon. The app is only available on the web at the moment, a mobile version is in the works.
This is the second time Index Ventures and CM-CIC Capital Privé have invested in the company, which has also received funding from Global Equities CF.
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European travel comparison site GoEuro launches following $4m seed funding
Travel comparison app Waymate is live – can it make trip planning “simple and joyful”?
Startup of the Week – Waymate, the “travel agency 3.0″