Funding round
Cabify Seed
Cabify, which works in mobility solutions services in Madrid, raised $4.0M in a Seed round announced on 30 Sep 2014. 1 firm took part. It is Cabify's first venture round on record.
$4.0M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
Cabify did not disclose a valuation in this round. It is Cabify's first venture round on record, 3 years after it was founded in 2011. It is under 1% of the $506M Cabify has raised in the venture rounds on record. Cabify raised again 13 months later: a Series B round of $12M in Oct 2015, at $114M post-money.
Cabify's funding rounds
Cabify has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Seed this round 30 Sep 2014 $4.0M
- Series B 12 Oct 2015, led by Rakuten $12M$114M post-money
- Series C 20 Apr 2016, led by Rakuten $120M$320M post-money
- Series D 14 Dec 2017, led by Rakuten, Seaya and AngelList $100M
- Series E 23 Jan 2018 $160M$1.40B post-money
- Debt not a venture round 11 May 2022 $42M
- Growth 28 Mar 2023, led by Orilla Asset Management $110M
- Debt not a venture round 11 Jan 2024, led by BBVA Spark $16M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 28 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion.
- Geographic expansion
Comparable rounds
How it compares
The closest in time: Seed rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Talkdesk Tech Companies | 1 Sep 2014 | $3.1M | not disclosed | Storm Ventures |
| Tech Companies | 1 Sep 2014 | $3.1M | not disclosed | not named |
| Branch Tech Companies | 23 Sep 2014 | $3.0M | not disclosed | New Enterprise Associates |
| Software Development Services | 9 Sep 2014 | $3.0M | not disclosed | not named |
| Tech Companies | 24 Sep 2014 | $3.0M | not disclosed | Atlas Venture and KEC Ventures |
| Tech Companies | 24 Sep 2014 | $2.6M | not disclosed | not named |
| Tech Companies | 17 Sep 2014 | $2.4M | not disclosed | Bessemer Venture Partners |
| Tech Companies | 8 Sep 2014 | $2.3M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Cabify raise in its Seed round?
Cabify raised $4.0M in its Seed round, announced in Sep 2014.
Which investors took part in Cabify's Seed round?
Emerge.
What was Cabify's valuation at the Seed round?
It was not disclosed.
Did Cabify raise again after this round?
Yes: a Series B round in Oct 2015 of $12M at $114M post-money.