What is minicabit?
minicabit operates a digital platform that aggregates quotes from a network of cab providers to offer users the best possible pricing for their journeys. The service extends beyond local providers, identifying potentially cheaper options near the destination for pickup. minicabit differentiates itself by presenting prices per passenger and factoring in driver waiting time, enabling clear comparisons for both local and out-of-town travel, as well as against alternative transport methods like trains or coaches.
How much funding has minicabit raised?
minicabit has raised a total of $2.1M across 1 funding round:
Private Equity
$2.1M
Private Equity (2015): $2.1M with participation from Hambro Perks and Oakley Capital
Key Investors in minicabit
Hambro Perks
Hambro Perks is a London-headquartered international investment firm focused on private technology investing, partnering with founders to support growth businesses across various stages of the investment cycle.
Oakley Capital
Oakley Capital is a Europe-based private equity firm established in 2002, specializing in partnering with ambitious management teams to build and grow businesses in sectors such as Education, Technology, Consumer, and Business Services.
What's next for minicabit?
The recent major strategic investment suggests minicabit is poised for significant scaling and market expansion. This capital infusion will likely be directed towards enhancing its technology infrastructure, broadening its network of transport partners, and increasing its market penetration. The company's focus on transparent pricing and comprehensive comparison tools positions it for continued growth in the competitive ride-hailing and taxi aggregation market.
See full minicabit company page
