How Much Did Best Cabs Raise?
Funding & Key Investors

Best Cabs INC, a long-standing provider of taxi and medical transportation services in Wichita since 1956, has secured $417K in total capital. The company recently announced a major strategic investment, bringing in $267K in new financing. This significant backing underscores the company's established market presence and its ongoing strategic growth initiatives in the transportation sector.

What is Best Cabs?

Best Cabs
TransportationRail, Bus & Taxi

Best Cabs INC has been a cornerstone of professional taxi cab and medical transportation in Wichita, Kansas, since its inception in 1955. The company offers a comprehensive suite of services, including timely and courteous rides, reservation assistance, jumpstart services, and vehicle unlock support. Trusted by numerous local corporations for their business travel needs, Best Cabs also provides secure online billing and dedicated dispatch support, ensuring a reliable and worry-free transportation experience for all its clients.

How much funding has Best Cabs raised?

Best Cabs has raised a total of $417K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$267K

Debt (2020): $150K with participation from PPP

Debt (2021): $267K led by PPP

Key Investors in Best Cabs

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Best Cabs?

With a substantial $417K in total capital and a recent $267K strategic investment, Best Cabs is well-positioned for its next phase of expansion. The company's history of reliable service and corporate partnerships suggests a focus on enhancing its operational capacity and potentially broadening its service area or fleet modernization. This late-stage funding context indicates a strategic move towards scaling operations and solidifying its market leadership in Wichita's transportation landscape.

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Frequently Asked Questions Regarding Best Cabs Financial Insights

What are the most recent funding rounds that Best Cabs has completed, and what were the funding rounds?
Best Cabs has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Best Cabs has raised to date?
Best Cabs has raised a total of $417K in funding to date.
How many funding rounds has Best Cabs completed?
Best Cabs has completed 2 funding rounds.
How much funding did Best Cabs raise in its most recent funding round?
Best Cabs raised $267K in its most recent funding round.
Who are the lead investors in Best Cabs's latest funding round?
The lead investor in Best Cabs's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Best Cabs's history?
The largest funding round in Best Cabs's history was $267K.
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