13 years ago

Hailo Secures $30.6 Million to Expand Global Taxi App Network

  • Hailo, a London-based taxi app network, raised $30.6 million in funding led by Union Square Ventures

  • The funding will be used to expand its network globally

  • The round included participation from Virgin Group, Phenomen Ventures, Felicis Ventures, Red Swan Ventures, Accel Partners, Wellington Partners, Atomico Ventures, and KDDI, which also signed an exclusive partnership to support launches in Asia, starting with Tokyo.

      • ProblemTransportation

      "Finding a taxi in a busy city can be frustratingly slow. Users are forced to rely on unreliable taxi services, with no real-time information about availability, wait times, or pricing."

      Solution

      "Hailo offers a mobile app that allows users to hail a taxi quickly and easily. The app provides real-time information on the location of available taxis, wait times, and fares. This helps users avoid long waits and unexpected costs, while also giving them peace of mind about the reliability of their ride."

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