|Description||The Taxi Magnet|
|Seed, 4/2011 |
|Series A, 3/2012 |
|Series B, 12/2012 |
Union Square Ventures
|Venture Round, 1/2014 ||£17.5M|
Hailo is the Taxi Magnet - a free smartphone app which puts people two taps away from a licensed taxi, and lets cabbies get more passengers when they want them.
A Hailo hail is accepted around the world every four seconds from Hailo’s global network of tens of thousands of drivers and hundreds of thousands of passengers. Hailo is available in New York, London, Dublin, Cork, Galway, Limerick, Toronto, Chicago, Boston, Washington DC, Barcelona and Madrid - and coming next to Tokyo and Montréal. Hailo has carried millions of passengers and grown to annualized sales of over $100M.
Founded by three taxi drivers and three internet entrepreneurs, Hailo has raised over $50M from investors including Union Square Ventures, Accel Partners, Wellington Partners, Atomico Ventures and Sir Richard Branson.
For more information, visit Hailo’s press section.
Hailo. The Taxi Magnet.Added: 4/10/13