
Index and CM-CIC inject €2.5m into Capitaine Train
French online train booking business Capitaine Train has raised a further €2.5m from its two existing backers, Index Ventures and CM-CIC Capital Privé.
The two VCs each invested €500,000 in the business in 2012. They are understood to have again split the round equally in this second investment.
Capitaine Train stated it will use the fresh funding to hire extra staff in order to support its growth strategy, and will also focus on marketing efforts.
Company
Founded in 2009, Capitaine Train allows customers to book rail tickets online – it sells tickets for both France's SNCF and Germany's Deutsche Bahn, generating revenues through fees charged to the rail operators.
Capitaine Train is based in Paris and employs 16 staff.
People
Martin Mignot is responsible for the Capitaine Train investment at Index.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater