Funding round
Cabify Series D
Cabify, which works in mobility solutions services in Madrid, raised $100M in a Series D round announced on 14 Dec 2017, led by Rakuten, Seaya and AngelList. 3 firms took part, 3 of them already investors. It is Cabify's fourth venture round on record; the one before was a Series C in Apr 2016.
$100M
Amount raised
Not disclosed
Post-money valuation
3
Investors
3 leads
Valuation
What this round says about the price
Cabify did not disclose a valuation in this round; its last disclosed one was $320M at the Series C (Apr 2016). It came 20 months after Cabify's Series C. It is 20% of the $506M Cabify has raised in the venture rounds on record. Cabify raised again 1 month later: a Series E round of $160M in Jan 2018, at $1.40B post-money.
Cabify's funding rounds
Cabify has 6 venture rounds on record and 2 other deals. This one is highlighted.
- Seed 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 this round 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
Rakuten, Seaya and AngelList led the round. Rakuten, Seaya and AngelList had backed Cabify before.
Lead investors
- Rakuten existing investor
- backs 33 venture-backed companies existing investor
- backs 65 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, sales and marketing and scaling operations.
- Geographic expansion
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
The closest in time: Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Indigo Ag Chemicals | 6 Dec 2017 | $203M | not disclosed | Investment Corporation of Dubai |
| Carbon Industrial Machinery & Supplies | 20 Dec 2017 | $200M | $1.70B | not named |
| Media Companies | 1 Dec 2017 | $177M | not disclosed | Coatue |
| Travel Agencies | 12 Dec 2017 | $133M | not disclosed | General Atlantic and Temasek |
| Payment Processing & Point of Sale | 7 Dec 2017 | $40M | not disclosed | not named |
| Chemicals | 1 Dec 2017 | $14M | not disclosed | not named |
| Telecommunications | 13 Dec 2017 | $5.0M | not disclosed | Rand Capital |
| Katerra Building Material Manufacturers | 24 Jan 2018 | $865M | $3.00B | SoftBank Vision Fund |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Cabify raise in its Series D round?
Cabify raised $100M in its Series D round, announced in Dec 2017.
Who led Cabify's Series D round?
Rakuten, Seaya and AngelList led it.
What was Cabify's valuation at the Series D round?
It was not disclosed; its last disclosed one was $320M at the Series C (Apr 2016).
Did Cabify raise again after this round?
Yes: a Series E round in Jan 2018 of $160M at $1.40B post-money.