Flinc is one of 65 companies chosen by VentureBeat to launch at the DEMO Spring 2010 event taking place this week. These companies do pay a fee to present, but our coverage of them remains objective.

Carpooling or ride sharing can be a great way to save gas, time and money. Current web services tend to need a period of time to plan and arrange pick-ups, drop-offs and payments. Looking to bring the process to real-time, Flinc today announced the official launch of its mobile ride sharing system.

The company claims to give users the ability to use their mobile phones through a special application that connects with GPS navigation systems in vehicles to arrange a pick-up in real-time. A user opening the Flinc application enters their current position, which is then matched to the closest networked car that has an open seat. If the driver agrees to pick up the rider, payment is automatically transferred and the vehicles GPS navigation system updates to the riders current position.

Current carpooling and ride share services are limited to web-based websites or communities that revolve around longer term planned agreements between drivers and those looking for a seat. Sites like eRideshare.com and RideShareOnline.com, gives users the ability to visit their sites and sign-up to look for drivers in their area or on their ideal routes to secure a seat. The advantage of Flinc is the ability to find a ride in real-time from your mobile phone while out and about.

The German-based company, founded in 2009, has to date receieved seed funding from friends and family.

flinc IFA Trailer 2009 (english) from flinc on Vimeo.