7 years ago
Zeelo Raises £4.25 Million to Expand Shared Mobility Services
Zeelo, a shared mobility service, has secured £4.25 million in funding led by ETF Partners, with participation from InMotion Ventures, Dynamo, and angel investors Michael Liebreich and Liam Griffin
The investment will be used to expand Zeelo's operations in the UK, Africa, and other regions
Zeelo's AI-powered platform provides personalized transportation solutions for underserved areas, integrating with a fleet of over 20,000 coaches across the UK
The company plans to use the funding to develop its technology, data, and automation, invest in new vehicle technologies, and launch new verticals beyond its existing commuting, events, and private transportation services.
ProblemTransportation
"People outside of major cities lack convenient and affordable transportation options, forcing them to rely heavily on their cars."
Solution
"Zeelo provides a personalized shared mobility service using data analytics and AI to design efficient routes, offering a more direct, convenient, and environmentally friendly transportation option for commuters and event attendees."