Cabify

Cabify is a pioneering company in the transportation and logistics industry, driven by a commitment to creating better urban environments. Since its establishment in 2011, in Madrid, the company has expanded and is currently operating in close to 100 cities across the globe, primarily in Latin America and Europe. Notably, Cabify's operations are characterized by its integration of technology, which serves to offer safe and high-quality transport options while effectively reducing traffic congestion. One of Cabify’s distinguishing features is its dedication to fostering local talent and generating employment opportunities within the regions it operates. This approach aligns with its broader commitment to social responsibility and sustainability. In 2018, Cabify became a signatory member of the UN Global Compact, demonstrating its dedication to aligning business strategies with universally accepted principles. Furthermore, the company has taken a proactive stance in mitigating its environmental impact by becoming the first MaaS in Latin America and Europe to offset 100% of CO2 emissions generated by its operations. In support of its growth and expansion initiatives, Cabify recently secured a €15.00M debt financing investment from BBVA Spark as of 11 January 2024. This investment underscores the confidence that key industry players have in Cabify’s innovative approach to urban mobility and logistics. As the company continues to navigate the complex landscape of urban transportation, its emphasis on leveraging technology and prioritizing local talent sets it apart as an impactful player in the industry. Cabify's unwavering commitment to transforming urban landscapes by offering tailored transportation solutions positions it as an intriguing prospect for potential investors seeking involvement in sustainable, tech-driven ventures within the transportation sector.