What is Cabify?
Cabify operates as a sophisticated technology platform that connects self-employed service providers with individual and corporate clients through a streamlined mobile application. By focusing on high-quality service standards and a dual-market approach—catering to both B2B and B2C segments—the company has carved out a distinct niche in the competitive urban mobility sector. Its business model emphasizes efficiency and reliability, leveraging a decentralized network of drivers to provide scalable transportation solutions in diverse geographic markets.
How much funding has Cabify raised?
Cabify has raised a total of $992.5M across 10 funding rounds:
Series A
$8M
Series B
$12M
Series C
$120M
Private Equity
$100M
Series D
$500M
Other Financing Round
$30M
Series E
$160M
Debt
$42.1M
Debt
$16.4M
Series A (2014): $8M led by Seaya Ventures
Series B (2015): $12M supported by Seaya Ventures and Rakuten
Series C (2016): $120M featuring Rakuten
Private Equity (2017): $100M backed by Seaya Ventures, AngelList., and Rakuten
Series D (2017): $500M with participation from Uber
Other Financing Round (2018): $30M led by Orange
Series E (2018): $160M supported by theventure.city, Rakuten, and Endeavor Global
Debt (2022): $42.1M featuring European Investment Bank
Debt (2024): $16.4M backed by BBVA
Key Investors in Cabify
Rakuten
A global technology conglomerate and innovation leader that operates a comprehensive digital ecosystem spanning e-commerce, fintech, and mobile network services.
Seaya Ventures
A leading European and Latin-American venture capital firm that specializes in scaling value-driven technology companies with a focus on sustainable growth.
European Investment Bank
The nonprofit long-term lending institution of the European Union, providing strategic financial support to foster economic development and infrastructure projects.
What's next for Cabify?
Looking ahead, Cabify is well-positioned to leverage its recent capital infusion to optimize its technological infrastructure and expand its footprint in emerging markets. As the company transitions from a scaling phase to a more mature enterprise-level operation, the focus will likely shift toward sustainable growth, the integration of advanced fleet management tools, and the enhancement of its digital ecosystem. By maintaining strong relationships with institutional backers and prioritizing product-led innovation, Cabify remains poised to navigate the evolving regulatory and competitive landscape of global transportation.
See full Cabify company page
