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The Taxi Magnet

The Taxi Magnet

Hailo is the evolution of the hail - a free smartphone app which puts people just two taps away from a licensed vehicle, and lets drivers get more passengers when they want them.

A Hailo hail is accepted around the world every two seconds from Hailo’s global network of over 50,000 drivers and more than a million passengers. Launched in November 2011, Hailo is available in London, New York, all across Ireland, Toronto, Chicago, Boston, Madrid, Barcelona, Washington DC, Montreal and Osaka. Hailo has carried over ten million passengers and grown to annualized sales of well over $100M.

Founded by three taxi drivers and three internet entrepreneurs, Hailo has raised over $100M from the best investors anywhere, including Union Square Ventures, Accel Partners, Wellington Partners, Atomico Ventures and Sir Richard Branson.

Hailo is available as a free download from the iTunes App Store and Google Play. Simply search for "Hailo".
Total raised

$68,100,000

Funded over

5 rounds

Latest round (Jul 2016)

Acquired

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