About Less
Less is a Transportation, Automotive & Logistics company based in Paris (France) founded in 2017 by Florent Boutellier, Denis Collin, Francis Cohen, and JB Rudelle, and was acquired by BlaBlaCar in April 2018. Short-distance urban rides are shared between drivers and passengers. Less has raised $19 million across 1 funding round from investors including BlaBlaCar, Index Ventures and Daphni. Its chief executive, as recorded, is JB Rudelle. The company was acqui-hired. Its focus areas include Consumer, Road Transport Tech, Pooling and Car.
Company details
Less is an urban short distance ride-sharing app. Connects the drivers with empty seats with the paying passengers and helps the drivers reduce the cost of their daily commute. Initially brought out as a navigation app that pays the drivers for taking the suggested routes with outdated data, thereby collecting the traffic, the average time taken, and other relevant information. Raised 19M from Index Ventures and Daphni in November 2017. The app is available for download from App Store and Google Play. Operates on a pilot basis in Paris region as of November 2017.
Funding Insights of Less
Less has successfully raised a total of $19M through 1 strategic funding round. The most recent funding activity was a Series B round of $19 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $19M
- Total Rounds 1
- Last Round Series B — $19M
- First Round $19M
(Nov 2017)
- Investors Count 2
All 1 funding rounds of Less with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $19M | Series B | – | Index Ventures, Daphni | – |
3 investors in total: 3 institutional.
Investors in Less
Less has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include BlaBlaCar, Index Ventures and Daphni.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology startups and entrepreneurs. | indexventures.com | |||
Tech focused VC firm investing in seed & early stage startups based in Europe | daphni.com | Paris, France | ||
Online platform for intercity carpooling | 2006 | blablacar.com | Paris, France |
Investor details for Less
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Less
195 people are tracked at Less (41 in leadership, 1 in board & advisors, 153 in team).
| Name | Role | Group |
|---|---|---|
Florent Boutellier | Co-Founder | Leadership |
Denis Collin | Co-Founder | Leadership |
Francis Cohen | Co-Founder & CMO | Leadership |
JB Rudelle | Co-Founder & CEO | Leadership |
Nicolas Brusson | Co-Founder and CEO | Leadership |
Frédéric Mazzella | Founder & President | Leadership |
Caroline Wilsford | Head Of Growth - Marketing Strategy & Performance, Crm, Product Marketing, Content & Localisation | Leadership |
Perrine Labesse | Head Of People Operations, Data & Systems | Leadership |
Gilles Laborderie | VP Engineering, Demand | Leadership |
Nicolas Salvy | VP Engineering - Infrastructure & Operations | Leadership |
Roman Pasichenko | Head Of Technical Support Department PRO Partnep | Leadership |
Erwin Coffy | Head Of Business Western Europe - Carpool & Train | Leadership |
Nicolas B. | Head Of Product | Leadership |
Muriel Havas | Director, Real Estate & Facilities - Workplace | Leadership |
Flore Tyberghein | Chief Marketing Officer | Leadership |
Jonas Bisagni | Head Of Business Development - Blablacar Bus | Leadership |
Virgile Raveneau | Head Of Compensation, Benefits, And Performance | Leadership |
Hawa C. | Head Of Marketing & Partnerships Blablacar France | Leadership |
Emmanuel Turounet | VP Customer Relations | Leadership |
Lev Tonkikh | Chief Technology Officer | Leadership |
175 more people are available in the full profile.
Complete people profiles for Less
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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Timeline of Less
3 dated milestones of Less across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Less is founded.
- Funding First funding round of $19.0M.
- Exit Acquired by BlaBlaCar.
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Frequently Asked Questions about Less
Less was founded in 2017.
Less is headquartered in Paris, France.
JB Rudelle is the CEO of Less, as recorded in our data. They have also founded this company.
Less is a funded company, having raised a total of $19M across 1 funding round to date. The company's 1st funding round was a Series B of $19M, raised on Nov 2017.
Less is an urban short distance ride-sharing app. Connects the drivers with empty seats with the paying passengers and helps the drivers reduce the cost of their daily commute. Initially brought out as a navigation app that pays the drivers for taking the suggested routes with outdated data, thereby collecting the traffic, the average time taken, and other relevant information. Raised 19M from Index Ventures and Daphni in November 2017. The app is available for download from App Store and Google Play. Operates on a pilot basis in Paris region as of November 2017.
Less has 3 investors. Key investors include BlaBlaCar, Index Ventures, and Daphni.
Yes. Less was acquired by BlaBlaCar in April 2018.