What is Broadway Cab?
Broadway Cab is a long-standing provider of transportation services, operating for over 80 years in the Portland and Vancouver metro areas. The company offers a comprehensive suite of services including standard taxi rides, specialized wheelchair vans, and medical transportation. Differentiating itself in the market, Broadway Cab provides a user-friendly mobile application for booking, with a commitment to transparent pricing that avoids surge charges. Customers have the flexibility to pay via credit card, cash, or account. The company emphasizes its dedication to delivering fast, affordable, and reliable transportation 24/7, prioritizing customer satisfaction and care. Broadway Cab is also actively recruiting drivers, offering flexible work arrangements.
How much funding has Broadway Cab raised?
Broadway Cab has raised a total of $435K across 2 funding rounds:
Debt
$150K
Debt
$285K
Debt (2020): $150K with participation from PPP
Debt (2021): $285K led by PPP
What's next for Broadway Cab?
The recent strategic investment signals a pivotal moment for Broadway Cab, positioning it for accelerated growth and enhanced service delivery within the competitive transportation landscape. As a company with a long operational history and a focus on essential services like medical and accessible transportation, this capital infusion is likely to fuel strategic expansion into new service areas or deepen its penetration in existing markets. The emphasis on technology, such as its booking app, combined with a commitment to fair pricing, suggests a strategy aimed at capturing market share from less customer-centric competitors. Future developments may include fleet modernization, technological enhancements to booking and dispatch systems, and potentially broader geographic reach, solidifying its role as a key player in regional transit.
See full Broadway Cab company page
