Ubirider Closes $1.95M Seed Funding

Ubirider

Ubirider, a Porto, Portugal-based mobility fintech company, raised $1.95M in Seed funding.

The round was led by Techtree Investments, and Cedrus R&D III. Existing investor Grupo Barraqueiro also participated, as well as two angel investors Jose Santos from the United States and Andrés Alcalá from Colombia.

The company intends to use the funds to grow internationally and expand the product development and marketing teams.

Led by Paulo Ferreira dos Santos, CEO and Founder, Ubirider provides Ubirider Platform, a digital mobility-as-a-service (MaaS) platform that includes mobile and web components that serve the interests and needs of travelers, commuters and mobility operators. Pick is a mobility as a service app which helps travelers determine the best option for every journey, combining traditional and modern modes of transportation from buses and ferries to carsharing and micro-mobility.

Ubirider is a strategic partner of Mastercard, Deloitte, PayShop and Viva.com.

FinSMEs

05/03/2024