How Much Did Union Cab Cooperative Raise?
Funding & Key Investors

Union Cab Cooperative has secured $833K in total capital, with its most recent financing round bringing in $483K in a major strategic investment. This latest funding event, dated January 27, 2021, follows a prior debt financing of $350,000 on April 15, 2020, and another debt financing of $483,000 on January 27, 2021. The company operates the largest taxi fleet in Madison, Wisconsin, underscoring its significant presence in the local transportation sector.

What is Union Cab Cooperative?

Union Cab Cooperative
TransportationRail, Bus & Taxi

Union Cab Cooperative is the premier provider of taxi services in Madison, Wisconsin, distinguished by its commitment to operational excellence and comprehensive driver training. The cooperative mandates rigorous city-approved disability and sensitivity training, defensive driving courses, and thorough background checks for all its drivers. This ensures a high standard of service and safety for its diverse clientele. Union Cab offers convenient taxi ordering services and provides a rate estimator to enhance customer transparency and planning.

How much funding has Union Cab Cooperative raised?

Union Cab Cooperative has raised a total of $833K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$483K

Debt (2020): $350K with participation from PPP

Debt (2021): $483K led by PPP

Key Investors in Union Cab Cooperative

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Union Cab Cooperative?

The recent major strategic investment signals a pivotal growth phase for Union Cab Cooperative. This capital infusion is expected to bolster fleet expansion, enhance technological capabilities for service optimization, and potentially broaden its operational reach within the Madison metropolitan area. The company's focus on stringent driver qualifications and customer-centric services positions it for sustained development and market leadership in the competitive urban transportation landscape.

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Frequently Asked Questions Regarding Union Cab Cooperative Financial Insights

What are the most recent funding rounds that Union Cab Cooperative has completed, and what were the funding rounds?
Union Cab Cooperative has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Union Cab Cooperative has raised to date?
Union Cab Cooperative has raised a total of $833K in funding to date.
How many funding rounds has Union Cab Cooperative completed?
Union Cab Cooperative has completed 2 funding rounds.
How much funding did Union Cab Cooperative raise in its most recent funding round?
Union Cab Cooperative raised $483K in its most recent funding round.
Who are the lead investors in Union Cab Cooperative's latest funding round?
The lead investor in Union Cab Cooperative'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 Union Cab Cooperative's history?
The largest funding round in Union Cab Cooperative's history was $483K.
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