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Thanx history
Thanx company history timeline
Antonio started Cabify as “Executive” in 2011 and established the company’s first office in Madrid.
In February 2012, Cabify had 20,000 users and completed nearly 3,000 rides in Madrid alone.
In September 2012, the company raised a $4 million Series Seed investment round from Black Vine, Belgian fund Emerge, angel investors sourced via AngelList (including the Winklevoss twins), and a series of Latin American investors.
In June 2013, the company launched Cabify Lite, with mid-range vehicles that were usually cheaper than taxis.
A second $8-million investment was round up in April 2014, and led by Seaya Ventures.
Rakuten, Japanese e-commerce, made a major investment in Cabify, helping the company to further expand its services and raise its revenues to $40 million in October 2015.
Cabify started offering services to the corporate sector in Bogotá in 2015.
In April 2016, Rakuten invested $92 million more in Cabify.
The company has started with 20 employees, and by 2016, 400 employees had joined the company globally.
In 2016, the company partnered with Waze to complete its trips more quickly and improve driver and passenger safety.
In 2016, Cabify launched in Portugal (Lisbon),
In 2016, Cabify increased expansion in Mexico.
In March 2017, the killing of the 19-year-old girl Maria Castilla by a Cabify driver in Mexico raised the question of safety with ride-hailing services.
The company operates in eight Spanish cities as of 2017 – Madrid, Barcelona, Valencia, Bilbao, Vitoria, A Coruña, Málaga, and Sevilla – and on the island of Tenerife.
In January 2018, Cabify raised an additional $160 million, valuing the company at $1.4 billion.
In July 2018, a violent taxi-driver strike in Barcelona forced the company to suspend its services until further notice.
In September 2018, drivers for ride-hailing services including Cabify protested against the Spanish government's proposition to tighten up rules for ride-hailing services.
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