Aiming to change the way people use cars: peer-to-peer carsharing leader Voiturelib raises 2m€ to accelerate innovation and scale up its service Voiturelib, the leading peer-to-peer car rental service in France and among the sector’s worldwide leaders, announced today that it secured a 2m€ series A round led by Alven capital, with significant participation from Index Ventures.

Voiturelib lets private car owners safely rent out their cars for money, offering a very competitive and easy to use car rental option to drivers.

Paulin Dementhon, CEO and Founder at Voiturelib said, "We have been successful in building a very efficient and lean car rental marketplace. But we won’t settle for that. We want to change the way people use cars. Our mission is to offer on-demand access to 100,000 cars at every street corner in Europe, as an alternative to owning just one car in one place." Jeremy Uzan, investor at Alven Capital, commented: "We were quickly convinced by Voiturelib’s team’s professionalism. We are proud to embark on this great adventure and support the service in its ambitious project at the crossroads of ecology and social economy." Dominique Vidal, partner at Index Ventures adds "Voiturelib is a quite brilliant demonstration of how the Internet can make people's lives easier, cheaper and greener. As investors, we're proud to be able to support and contribute to the team’s vision for what we believe will become a truly mainstream transport option in the coming years.

Launched in December 2010, Voiturelib quickly reached critical mass and has been growing at a 30% monthly rate over the past year.

The milestone of 1m€ redistributed to car owners (since the service’s launch) was achieved in August 2012.

The new funding round will enable Voiturelib to invest in innovation on its platform, with mobile apps, security and onboard systems for buyers and sellers of the service.

About Voiturelib

Voiturelib is a peer-to-peer carsharing service, that lets private car owners make money from their underused cars, and drivers find cheap and convenient rental cars in their neighborhood. The service includes a comprehensive car insurance coverage.

Voiturelib was founded in April 2010 in Paris, France. It quickly became market leader in France and now ranks among the top 3 worldwide. As of september 2012, 50000 users are renting 5000 cars on the platform.

Voiturelib is one of the success stories of the booming collaborative consumption sector, that allows individuals to share and exchange assets, creating an economic system where access takes over ownership.

Learn more about this topic on www.ouishare.net www.voiturelib.com www.voiturelib.com/mobile