Ornikar Raises $39.5 Million Series B to Expand Online Driving School...

Financing

Ornikar Raises $39.5 Million Series B to Expand Online Driving School Across Europe

Jul 6, 2019

BABY DRIVER: Ornikar, a Paris-based online driving school, has raised 35 million euros (about USD $39.52 million) in a Series B round from existing investors Idinvest Partners and Brighteye Ventures, and newcomer Bpifrance.

Founded in 2013, the company plans to use the money toward expansion in European countries outside its strongholds in France, Germany and Spain, according to a prepared statement. Orniar claims that it will reach 35 percent market share in France this year, has grown fourfold year over year, and is currently profitable. It has 550,000 users, according to its website, with over 800 new applicants registering a day.

Past Brighteye investments in education technology companies include Aula, Epic and Ironhack. Bpifrance has previously invested in 360Learning, My Serious Game, Educapital and OpenClassrooms.

Trending

Get our email newsletterSign me up
Keep up to date with our email newsletterSign me up