Cabify Raises $500M to Power Its Sustainable Urban Mobility Vision Across Ibero-America

Cabify is thrilled to announce that it has raised 500,000,000 in its latest funding round—a milestone that marks a significant leap forward in our mission to revolutionize urban mobility across Ibero-America. Founded in Madrid in 2011, Cabify has grown to become a leading technology powerhouse, dedicated to transforming cities into better living spaces by making them more sustainable, accessible, and humane. Operating in six countries—Spain, Chile, Argentina, Peru, Colombia, and Uruguay—and over 40 cities, our platform has successfully connected more than 50 million registered users with 1.5 million driver partners, all supported by a diverse team of over 1,000 employees worldwide. The fresh capital injection will accelerate our commitment to both technological innovation and environmental sustainability. With this funding, we plan to enhance our digital infrastructure to improve the quality and flexibility of the mobility experience while reinforcing our rigorous safety standards. Furthermore, the funds will support our bold initiatives aimed at establishing Cabify as a zero-emissions company by 2030—a testament to our pioneering spirit in environmental stewardship. Since becoming carbon neutral in 2018, we have continuously offset the emissions generated through our services, a practice that will be scaled even more robustly with the new resources at our disposal. This infusion of capital is not just an investment in Cabify but also in the future of urban transport, where technology, sustainability, and community converge to reshape the way people experience city living. We look forward to leveraging these funds to drive progress, nurture innovation, and deepen our commitment to creating cities that work better for everyone. For more information, please visit www.cabify.com.