Hailo Raises $3.6 Million of Seed Funding

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Seed: $30,600,000

Founded: 2010
Industry: Mobile

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London, UK – Hailo, an app that connects passengers and licensed taxi drivers has raised a seed funding amounting to $3.6 million from Union Square Ventures, Richard Branson’s VIRGIN Group and Japanese telco KDDI.

“Hailo is mobilizing a massive, global shift in consumer behavior from hail to e-hail which will substantially improve the control passengers and taxi drivers have in their lives.” says Jay Bregman, Hailo CEO and Co-Founder and native New Yorker.

The new funding will be used to expand in new locations. The company has a revenue of more than 100 million in just one year of operations across just 6 countries.


Funding Total: $30,600,000

Round Date Amount Pre Amount Post Amount
Seed 02/2013 $30,600,000
Investors: Union Square Ventures, VIRGIN, KDDI

See all fundings here


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