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URBVAN CAPTURES 9M$ TO PROMOTE URBAN MOBILITY


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BY : Diego GutiérrezSeptember Wed, 2019

Urbvan, a leading urban mass passenger transport company, closes a 9M$ round to promote urban mobility in Latin America. The deal was led by Kaszek Ventures, Angel Ventures, Liil Ventures and Dila Capital.

Digital private mobility platforms are nowadays an indisputable growing phenomenon. Thanks to the rising numbers in favour of their use, their regularisation and their permanence, many countries now consider them to be one of the best solutions to mobility problems in big cities.

Therefore, one of the companies leader in urban mass passenger transportUrbvan, Urbvan, has just lifted 9M$ to gain market share, grow its fleet, increase its current 40,000 users and expand to other cities.

A financing round led by Kaszek Ventures and Angel Venturestwo of the largest investment funds in Latin America and Mexico, respectively, as well as by Liil Ventures and Dila Capital. The latter has increased its stake in the company, as it had already participated in a previous capital injection into the company.

UrbvanMexico City-based, is a company dedicated to the management of a mobile application that offers a daily shuttle system in shared vans, a model that allows travel in pre-established routes that cover the busiest areas of highly congested cities.

This concept of shared transport, at affordable prices and with a strong focus on safety, has resulted in users moving away from their private cars.

OTHER RELEVANT ROUNDS IN THE SECTOR WHERE URBVAN IS LOCATED

GOIN

Goin is the first mobile application that enables users to achieve their goals through automatic savings and simplified investment.

Recently, it has been able to lift 1,6M€ in a round of funding has been led by Anthemis, a fund specialising in fintech.

The Catalan startup will use the funds raised to consolidate the project in Spain, as well as to grow the team and expand the business.

PLAYTOMIC

The startup Spanish, specialising in app-based booking managementhas just lifted 6M€ thanks to the participation of GP Bullhound and Optimizer Invest funds, as well as Félix Ruiz, founder of Tuenti and Magnus Gottas, former Bridgepoint executive.

It should be recalled that the first of these funds already participated in the company's previous round, valued at €1.1m.

The aim of Playtomic with this new capital injection is to boost the development of the project on an international scale and to achieve a turnover of four million euros in 2019.

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