Food Service
Sodexo Acquires Stake In Home-To-Work Carpooling Pioneer Klaxit

Posted On: 2/7/2018

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PARIS  -- Sodexo said its strategic investment fund, Sodexo Ventures, has acquired a minority stake in Klaxit (formerly known as WayzUp), a French start-up that is a pioneer in home-to-work carpooling.

Since its creation in November 2016, Sodexo Ventures has invested in start-ups with strong growth potential that add value to its vision of improving the quality of life of the 100 million people Sodexo serves around the world.

Klaxit, launched in 2014, is the French leader in home-to-work carpooling. Drawing on a mobile app designed to meet the everyday needs of workers, and a roll-out strategy focusing on big business, Klaxit creates carpooling networks that allow more than eight out of 10 members to meet up with fellow carpoolers traveling on their route at times that fit their schedule.

"Carpooling between home and work is an enormous market we can't conquer on our own. We're building the best ecosystem of partners and shareholders around Klaxit in order to become the European market leader," said Klaxit cofounder and chief executive Julien Honnart.

For Sodexo, enhancing its offering beyond contract foodservice by providing clients with worker mobility services has become a strategic focus. In France, this fulfills the recent legal requirements of the government's "Mobility Plan," which includes lowering transportation costs, fatigue and stress while building workers' sense of community to improve their quality of life.