The story
Founded by Sean O'Sullivan on Feb 2007.1
Formerly known as Avego, the company was founded in 2007 by Sean O'Sullivan as a research and development division of the company Mapflow. In April 2009, Avego became a separate entity associated with University College Cork. Its real-time carpooling service first served the University community in the form of an iPhone application, with seats priced by mileage.
In January 2011, Avego and the Washington State Department of Transportation launched a pilot carpool program, called "go520," serving the Washington State Route 520 corridor outside Seattle. Financial subsidies of $30 monthly were available to both drivers and riders for the duration of the pilot.
In October 2011, Avego began a carpooling pilot in the Arlington, Potomac Yard area.
In mid-2012, Avego implemented the largest carpooling project to date in Santa Barbara, Sonoma County, Contra Costa County, and Marin County, California. It was administered by Caltrans and the MTC.
In August 2013, the company changed its name to Carma, unveiling a new corporate identity in the process.
In February 2014, Carma introduced an automated tolling discount program for carpoolers in Austin, Texas, in conjunction with the Central Texas Regional Mobility Authority (CTRMA). After unprecedented success, the tolling initiative then expanded to Austin's Manor Expressway in May 2014.
In June 2014, Carma opened up its API to third-party developers and unveiled the Carma Prize Fund – a $2.5m stimulus program aimed at boosting ridesharing activity around the world.
From Wikipedia’s article on Carma, shared under CC BY-SA 4.0.4