HomeUSAOn-Demand Ride App Migo Raises $9M in Series A

On-Demand Ride App Migo Raises $9M in Series A

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migoMigo, a Seattle, WA-based provider of a free mobile app for on-demand rides and of a Mobility-as-a-Service (MaaS) platform, raised $9m in Series A funding.

Backers included new investors Clayton Venture Partners, the venture capital arm of Enterprise Holdings Inc., Hyundai Cradle, and Thayer Ventures, and existing investors Second Avenue Partners, Via-ID, Rolling Bay Ventures, B37 Ventures, plus several Seattle-based angel investors.

Led by Jeff Warren, founder and CEO, Migo provides a free app that allows customers to discover and hail multiple modes of personal transportation without having to jump from one app to another. It now includes Uber, Lyft, Car2Go, Yellow Cab, Lime, Flywheel, public transportation and more.
For transportation partners, Migo acts as a customer acquisition platform to help new and existing customers discover and engage with their brand at the moment that they are in need of getting from a place to another one.
The service is currently available on iPhone in the app store and in a limited beta (Seattle only) on Android. Migo for iPhone launched in the App Store with an initial focus on Seattle and Portland, and has since expanded to be used in 75 cities across North America, including Washington DC, Los Angeles, Chicago, New York, Miami, Denver, Atlanta, Toronto, Boston and more.

FinSMEs

10/09/2018

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