Cabify's €109 million funding round is the largest one in Spain on record

We dove into our proprietary data to look at Spain's biggest technology investments ever: Cabify's €109 million funding round is the largest in the country to date.
Cabify's €109 million funding round is the largest one in Spain on record

When US tech publication Re/code recently wrote about the companies “trying to edge out Uber” in Latin America, they forgot about Cabify.

The Madrid-based transportation company has been flying under the radar for many in the US and Europe, mostly because of the fact that, despite having a strong presence in Spain, the company has focused its expansion efforts in Latin America and in countries such as Mexico, Chile, Colombia and Peru. LatAm accounted for 80% of Cabify’s business when we last talked to CEO Juan de Antonio back in October 2015.

Continue reading this article by becoming a Tech.eu Insider
If you are a member of Tech.eu Insights, you can log in to access the full article. If you don't have Insights access yet, you can act now.
Sign in
or
Follow the developments in the technology world. What would you like us to deliver to you?
Your subscription registration has been successfully created.