Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors

View x

Taximo, the Columbia-based taxi operator rides with $4.6 million in funding from investors

Taximo, which is a portfolio company of Polymath Ventures has bagged $4.6 million in funding, from undisclosed investors. Columbia-based Taximo operates taxis. A bulk of the new capital raised will be used to add to its current fleet, whereas the rest will be used for expanding its operations regionally. Taximo currently has a fleet of 1000 taxis operating throughout major Colombian cities and a net revenue run-rate of over 10 million. Taximo previously closed Series Seed and Series A rounds from Colombian and international investors. Taximo offers taxi owners and investors to operate their taxis, while giving back a monthly fixed return.

Tags:

VC Deals,Polymath Ventures,Taximo,taxis