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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.
Jaime Novoa 21 April 2016
Cabify's €109 million funding round is the largest one in Spain on record
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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.

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