Cabify Raises $110M to Fund Growth in Spain, Latin America; Remains Mute on Valuation
Cabify Raises $110M to Fund Growth in Spain, Latin America; Remains Mute on Valuation
Technology

Cabify Raises $110M to Fund Growth in Spain, Latin America; Remains Mute on Valuation

The Spain-based ride-sharing app didn’t disclose if its valuation was up, down, or flat, in a scenario where Carta data shows that every stage beyond Series A had down median valuations compared to 2021

Spain-based ride-sharing app Cabify said it has raised $110 million in funding from Orilla Asset Management, an investment company owned by billionaire Francisco Riberas’ family, and AXIS, through Fond-ICO Next Tech, among other investors.

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