Cabify

📂 Mobility & Logistics📂 E-commerce & Marketplace📍 Madrid🗓️ Founded: 2011

Madrid-based platform for urban rides with a driver and taxis for individuals and companies, with business deliveries in Latin America. A unicorn since 2018 ($1.4B).

Europe's most interesting startup stories. Every week.

No spam. Unsubscribe anytime.

About Cabify

Cabify lets individuals and companies book urban rides with a driver and taxis through an app, with visible pricing and digital payment. Its business service centralises bookings and expense control; the group also offers deliveries for companies in Latin America. Founded in Madrid in 2011 by Juan de Antonio with Sam Lown, it raised rounds from Seaya, Rakuten ($120M Series C in 2016) and, in 2018, $160M that took it to a $1.4B valuation. In 2022-2024 it added EIB and BBVA loans and a €18.7M injection from shareholders. For 2025 it reports revenue of €839M and EBITDA of €27M, with operations in more than 40 cities across six countries.

The Story

Cabify began in Madrid in 2011 to compete with Uber in Spain and Latin America; from 2014 it raised money from Spanish funds and Rakuten up to its $160M round in 2018.

Products & Services

Key Products

  • App di trasporto con conducente e taxi
  • Servizio mobilità per aziende
  • Consegne per imprese in America Latina

Core Use Cases

  • Booking urban rides with a driver
  • Managing employee mobility expenses
  • Business deliveries in Latin America

Market & Clients

Geographic Presence

ES

Funding & Investors

Total Funding

Somma aritmetica degli annunci fino al 2018: $4M iniziali + $8M + $4M + $12M + $120M + $99.999.994 + $160M = $407.999.994 (o $403.999.994 se i $12M del 2015 includono la prima parte del Series B); TechCrunch riporta $407M totali nel 2018. In più €18,7M nel 06/2024. Esclusi: ticket Mutua 2022 (quota 1,26%, non verificato), pacchetto 2023 da $110M (misto, con debito EIB), prestiti ($70M IDB Invest 2019, €40M EIB 2022, €15M BBVA 2024). Totale corrente non verificato

Latest Valuation

$1,4B nel round del 22/01/2018 (pre/post non verificato). Valutazioni precedenti: €100M (10/2015) e circa $320M (04/2016). Nessun prezzo successivo verificato su fonte ammessa (2018)

Funding Rounds

  • 2014 - Series A: $8M
    Lead: Seaya Ventures
  • 2014 - Series B (prima parte): $4M
    Lead: Seaya Ventures, Black Vine
  • 2015 - Series B: $12M
    Lead: Rakuten
  • 2016 - Series C: $120M
    Lead: Rakuten
  • 2017 - Equity Maxi Mobility: $99.999.994
  • 2018 - Series E: $160M
  • 2024 - Iniezione di capitale 2024: €18,7M (oltre $20M)
    Lead: Orilla (Francisco Riberas), Rakuten, Mutua Madrileña

Key Investors

Seaya VenturesBlack VineRakutenRakuten CapitalTheVentureCityEndeavor CatalystGAT InvestmentsLiil VenturesWTIOrilla Asset ManagementMutua MadrileñaFond-ICO Next Tech (AXIS)

Founding Team

Founders

Juan de Antonio RubioCofondatore e CEO
Sam LownCofondatore
Adeyemi AjaoCofondatore (lancio 2014)

Key Executives

  • Juan Barbolla - CFO
  • Carlos Herrera - CTO
  • Vicente Pascual - VP Logistics

Key Metrics

Ricavi€839M (2025)
EBITDA€27M (2025)
Dipendenti1.150
Utenti registrati50 milioni

Similar Startups

📍 Barcelona

Glovo

Delivery platform founded in Barcelona in 2015. A unicorn at the time of its acquisition, it has been controlled by Delivery Hero since July 2022.

Read Analysis
📍 Paris

BlaBlaCar

BlaBlaCar connects drivers with passengers heading the same way. Founded in Paris in 2006, its $200M round D in 2015 valued it at EUR 1.4 billion according to Reuters.

Read Analysis
📍 Berlin

Flink

Online supermarket based in Berlin, delivering from local hubs. A former unicorn: valued at $2.1B pre-money in 2021, estimated by the press at just under $1B in 2024.

Read Analysis

Sources

🎙️ Scalable Podcast — European startup stories · 🇮🇹 in Italian
Spotify 🎧 Apple