4 years ago

Zeelo Secures $12 Million to Expand Smart Commuter Platform

  • Zeelo, a London-based smart commuter mobility platform for organizations, has raised $12 million in funding led by ETF Partners, with participation from InMotion Ventures and various angel investors

  • The company plans to use the funds to accelerate its US, European, and African expansion, as well as roll out its technology platform as a SaaS solution to fleet operator partners

  • Zeelo provides safe and sustainable transportation solutions for everyday journeys by working with employers, schools, and fleet operators to deliver bus programs that reduce CO2 emissions from commuting

  • The company has recorded 600% revenue growth over the past 18 months and serves over 70 customers, moving nearly 100,000 riders each month.

      • ProblemTransportation

      "Making it difficult and expensive for people to get to work, school, and other destinations, especially in car-dependent areas, leading to increased traffic, pollution, and stress."

      Solution

      "Providing a smart bus platform that enables access to safe and sustainable transportation for everyday journeys, working with employers, schools and fleet operators to deliver bus programs that provide a viable alternative to driving a car, to support staff recruitment and to reduce CO2 emissions from commuting."

      Covered on