
Alven et al. invest €5.5m in Capitaine Train
Alven Capital, Index Ventures and CM-CIC Capital Privé have taken part in a €5.5m funding round for Capitaine Train, a French train ticket booking platform.
The round was led by Alven Capital and also included business angels Jean de la Rochebrochard from Parisian incubator The Family, Xavier Niel of Iliad and former liligo.com CEO Pierre Bonelli.
The company plans to use the funding to expand its offering in France and across Europe. It is also looking to double its workforce over the next 12 months.
Previous funding
Capitaine first received funding in February 2012 from a syndicate including Index and CM-CIC. The amount raised totalled €1.4m, with Index and CM-CIC investing €500,000 each and the balance coming from other unnamed investors.
In June 2013, Capitaine raised a further €2.5m from Index and CM-CIC. According to unquote" data, the two investors were understood to have again split the round equally.
Company
Founded in 2009 and headquartered in Paris, Capitaine has developed a platform for booking train tickets online.
The service is ad-free; the company generates revenues through commission from partnering with large train carriers. Capitaine currently employs 28 staff.
People
Jean-Daniel Guyot is the CEO of Capitaine. Jeremy Uzan led the deal for Alven Capital.
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