Ride Hailing App Gett Raises $80M in Funding

Gett, a global ride hailing app provider, raised $80m in funding.

The round valued the company at $1.4 billion.

Backers included Volkswagen (VOWG_p.DE) and Access Industries.

The company, which has raised over $700m in funding, including $300m from Volkswagen in 2016, intends to use the capital to continue to grow the business.

Led by founder and CEO Dave Waiser, Gett provides a global ride sharing app available in 100+ cities. In New York City, the company operates under the Juno brand. The app was first developed by Israeli company GetTaxi.



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