Micab Systems Corp. is a Philippines-based startup that aims to revolutionize traditional cab transportation with their taxi hailing app. Founded in 2012, the company has made significant progress in the industry, securing a $70.00K Angel Round investment on 01 October 2015. The app, available in key cities such as Cebu, Bacolod, Baguio, Iloilo, and Metro Manila, stands out by offering an effortless and cost-effective way to book cabs, with zero booking fees and no surge pricing. Establishing partnerships with the Philippine National Taxi Operators Association (PNTOA) and the Association of Taxi Operators in Manila (ATOMM) has allowed Micab to access thousands of taxi units across the country. With a strong network of over 10,000 cabs, the company promises commuters a prompt arrival of their requested Micab ride. In the rapidly evolving transportation industry, Micab's innovative approach and strategic alliances position them as a promising player. As they continue to enhance their services and expand their reach, the company's trajectory is worth keeping an eye on for venture capitalists seeking opportunities in the transportation sector. For more information and updates about Micab, potential investors can follow their social media channels and visit their website at www.micab.co.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Angel Round | $70.00K | - | 01 Oct 2015 | |
Seed Round | $23.00K | - | 20 Jan 2015 | |
Seed Round | $12.50K | - | 01 Jul 2013 |
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