Spain
Cabify, with the slogan "Own the city," is an Ibero-American mobility company dedicated to enhancing urban living through sustainable technology solutions. Founded in 2011 in Madrid, Spain, Cabify has established a strong presence in 6 countries and over 40 cities, including Spain, Chile, Argentina, Peru, Colombia, and Uruguay.
With a user base of more than 50 million registered users and 1.5 million driver partners, the company prides itself on its commitment to community engagement and environmental responsibility. Notably, Cabify aims to be the first zero-emissions company in its sector by 2030 and has maintained carbon neutrality since 2018.
Recently, Cabify secured a €15.00M debt financing round on 11 January 2024, led by BBVA Spark. This financial injection is expected to bolster its expansion and sustainability initiatives, potentially enhancing the company's valuation in a rapidly growing market. Investors might view Cabify as a trailblazer in both the mobility and sustainability sectors.
