Arro is a transportation startup that offers a convenient solution for hailing and paying for taxis through its app available on iOS and Android. Founded in 2015, the company operates in various cities in the United States and the UK, including New York, Chicago, Boston, San Francisco, Houston, Miami, and London. The recent $10.00M Seed Round investment on 20 October 2022 was led by notable investors including Bling Capital, Crosslink Capital, Global Founders Capital, and BAM Ventures.
Arro's app enables users to swiftly connect with the nearest available taxi drivers, receive fare estimates, and pay automatically using their saved payment methods. Additionally, it simplifies the payment process for passengers already in a taxi by allowing them to input a specific code provided by the driver to pair the meter with their Arro account, ensuring seamless and efficient transactions.
The company's focus on revolutionizing the taxi-hailing experience through technology and streamlined payments aligns with the growing demand for convenient and efficient urban transportation solutions. With its recent investment and a strong network of investors, Arro is well-positioned to expand its operations and enhance its technological capabilities, offering promising opportunities for potential returns on investment.