Covoiturage

Name

Covoiturage

Legal name

COVOITURAGEMONTREAL inc.

Website

https://covoiturage.ca

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Covoiturage.ca (Ridesharing.com) operates a peer-to-peer carpooling marketplace connecting drivers and passengers for daily commutes and long-distance trips across Canada and the United States, serving individual commuters alongside employers, universities, and municipal clients since 2005.

Ownership category

akta.pro rank

Product category

Ridesharing Marketplace

NAICS

Taxi and Ridesharing Services (485310), Other Transit and Ground Passenger Transportation (48599), Taxi and Ridesharing Services (48531)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100)

akta.pro primary industry

Peer-to-Peer Ridesourcing (Private Car Marketplace) (THAIAGAH)

akta.pro secondary industries

Long-Distance / Intercity Ridesharing (THADAFAC), Ridepooling & Shared Rides (Dynamic Carpooling) (THAIAGAC), Event-Based / Occasional Shared Rides (Concerts, Sports, Festivals) (THADAFAG), Corporate/University/Fleet-Based Carsharing (TLAFAMAD), Ride-Hailing & Taxi Aggregation Platforms (BPAMAIAE)

Keywords

• Ridesharing marketplace
• Carpool matching platform
• Long-distance ride share
• Corporate commuting software
• Peer-to-peer transportation

Headquarters

HQ city

Sainte-thérèse

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Booking fees (transaction fees): Ridesharing.com charges booking fees to passengers for long-distance rides, ranging from $2.00 to $12.00 CAD depending on distance. These fees are separate from the contribution paid to drivers. The company acts as an intermediary, holding passenger payments until trip completion.
2. Corporate software solutions: The company offers paid corporate solutions for employers, universities, and municipal authorities including custom branded pages, carpool parking management, and usage statistics.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Covoiturage.ca / Ridesharing.com operates a peer-to-peer carpooling marketplace connecting drivers with available seats to passengers seeking rides for daily urban commutes and long-distance intercity trips across Canada and the United States. The platform offers free registration, online seat booking, secure payment processing with confirmation code escrow, and dedicated branded corporate solutions for employers, universities, municipalities, and event organizers.

Product overview

Covoiturage.ca (Ridesharing.com) operates as a platform-plus-modules architecture. The core peer-to-peer ridesharing platform enables drivers and passengers to connect for urban commutes and long-distance trips across Canada and the US, with integrated online payment processing and a booking guarantee system. Supplementing the core platform, the company offers Corporate Solutions as an enterprise module for organizations to manage commuter programs with features like dynamic parking management and business travel administration, a specialized Vanpool Program Management module for organizing group vanpool logistics, and Event Solutions providing embeddable widgets and promo code tools for event organizers. All components share the underlying member network of 268,679 users.

Differentiator

Problem solved

Functional benefit

Products and services

• Covoiturage.ca / Ridesharing.com Peer-to-peer ridesharing platform connecting drivers and passengers for urban daily commutes and long-distance intercity trips across Canada and the United States, featuring free registration, online seat booking and payment processing, and a confirmation code escrow system to release funds to drivers upon trip completion.
• Corporate Solutions Enterprise carpool management software enabling employers, colleges, universities, cities, and transit agencies to implement and manage commuter programs. Includes dynamic carpool parking management, business travel management, usage statistics, and identification of members with organizational branding.
• Vanpool Program Management Specialized software module for managing vanpool groups, including booking tracking, integrated payment processing, real-time scheduling, and options for private or public group access. Targeted at employers and transit authorities organizing shared van commuting programs.
• Event Solutions Rideshare promotion toolkit for event organizers, festivals, and conferences. Includes an embeddable rideshare search widget that event websites can integrate, social media promotion tools, and partnership agreements providing promo codes that offer free bookings to event participants.

Quantifiable outcome

• Carpooling saves approximately $2,800 per year per driver offering seats to passengers
• +1 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Intact InsuranceminorOthersIntact Insurance is an insurance partner offering members insurance benefits and potential savings on auto insurance through a partnership agreement with Ridesharing.com.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Turo: Peer-to-peer car rental marketplace. Different unit economics (vehicle rental vs seat sharing), but adjacent in demonstrating that P2P private-vehicle marketplaces can scale profitably when network density is achieved.
• Uber: Dominant ride-hailing platform offering UberPool ride-sharing. Adjacent rather than identical — Uber is commercial paid driver service vs Covoiturage's cost-sharing model — but competes for similar commuter and intercity trip use cases.
• Lyft: Major US ride-hailing incumbent with shared-ride products (Lyft Shared). Competes indirectly with Covoiturage for commuters and intercity travelers in US markets where Covoiturage claims coverage.

Direct peers

• Poparide: Canadian intercity ridesharing platform with online booking/payment, focused on Quebec-Ontario corridors. Closely comparable to Covoiturage's intercity booking product in overlapping Canadian geographies.
• Carma Carpooling: Corporate carpooling solution (formerly Avego) focused on employer-sponsored programs and HOV incentives. Comparable to Covoiturage's Corporate Solutions and Vanpool Program Management modules.
• Kangaride: Canadian intercity ridesharing platform serving Ontario-Quebec corridors. Directly comparable as a Canadian P2P carpooling competitor targeting similar long-distance travel patterns.
• BlaBlaCar: Largest intercity P2P ridesharing platform globally (Europe-centric but expanding). Directly comparable to Covoiturage's long-distance cost-sharing carpooling model, though at vastly greater scale and with a mobile-first product.
• CarpoolWorld: Long-running web-based carpool matching platform serving commuters and intercity travelers across North America. Closely comparable to Covoiturage's web-first P2P matching product, including long-distance ride postings.
• GoCarma: Canadian/North American carpool matching platform focused on employer and university programs. Competes directly with Covoiturage's Corporate Solutions and university rideshare modules in the same North American institutional segment.
• NuRide: US-based commuter carpooling platform with employer partnerships and sustainability framing. Comparable to Covoiturage's daily-commute carpooling core product and its B2B employer channel.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/covoiture
• Facebookfacebook.com/Covoiturage.Ridesharing
• LinkedInlinkedin.com/company/covoiturage-ca

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Covoiturage