Cabify

What Cabify does

Cabify is a Spanish-headquartered ride-hailing and multi-mobility platform founded in 2011 in Madrid and operating across six countries — Spain, Argentina, Chile, Colombia, Peru, and Uruguay — in more than 40 cities with a network of hundreds of thousands of drivers. The core product is a mobile application (iOS/Android) connecting passengers with professional drivers for on-demand urban transportation, with vehicle categories spanning standard rides (Cabify), an economy tier (Cabify Lite), electric mopeds (Voltio), and integrated licensed taxis (Cabify Taxi). The platform architecture combines real-time GPS geolocation, dynamic pricing, integrated payment processing, safety features (emergency button, trip sharing, identity verification via Veridas and Incognia partnerships), and routing optimization algorithms that match passengers with the nearest available vehicle.

The company's business model rests on multiple monetization streams: per-trip commissions on ride-hailing (transaction fees), recurring subscriptions for the Cabify para Empresas corporate mobility platform (serving 50,000+ companies with centralized billing, expense tracking, and policy enforcement), transaction fees from Cabify Envíos package delivery and Cabify Logistics, platform fees from Cabify para Flotas fleet management, advertising revenue through Cabify Ads, and tiered driver economics through the Cabify Stars loyalty program (Bronze/Silver/Gold/Platinum) that reduces commissions for higher-tier drivers. Distribution is primarily product-led through self-serve mobile apps complemented by enterprise field sales for B2B accounts and channel partnerships with licensed taxi operators and fleet managers.

Cabify has pursued a multi-year fleet electrification strategy — deploying 1,400 electric vehicles funded by a €40 million EIB loan (2022) and €15 million BBVA Spark venture debt (2024) — targeting 100% zero-emission trips in Spain by 2025 and Latin America by 2030, supported by ISO 14068-1 carbon neutral certification and ISO 9001 quality management compliance. The company achieved unicorn status (valuation exceeding $1B) while remaining privately held, with cumulative disclosed funding exceeding $580M across equity and debt rounds since 2012, and has expanded through acquisition (EasyTaxi) and adjacent product launches (Cabify Ads, Cabify Logistics). The CNMC dismissed a 2025 cartel investigation involving Cabify, Uber, and Bolt, removing a regulatory overhang.

Name

Cabify

Legal name

Cabify España, S.L.

Website

https://cabify.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Cabify is a Madrid-headquartered ride-hailing and multi-mobility platform operating across six Spanish-speaking countries (Spain and five Latin American markets) and 40+ cities, serving individual passengers, corporate clients, and fleet operators with on-demand transportation, electric vehicles, delivery, and advertising products.

Ownership category

akta.pro rank

Product category

Ride-hailing and multi-mobility services

NAICS

Taxi and Ridesharing Services (48531), Taxi and Ridesharing Services (485310), Taxi and Limousine Service (4853), Other Transit and Ground Passenger Transportation (48599)

SIC

Transportation Services (4700), Trucking & Courier Services (No Air) (4210)

akta.pro primary industry

Taxi-Hail Aggregators & Dispatch Platforms (E-Hail for Licensed Taxis) (TLAFAIAD)

akta.pro secondary industries

Ride-Hailing & Taxi Aggregation Platforms (BPAMAIAE), App-Based Taxi Operators (E-Hailing Taxi Fleets) (THADAEAC), EV Ride-Hailing / Chauffeur Services (EV-Only Fleets) (THADANAG), Car Rental & Mobility Booking Platforms (Carshare/Rideshare/Micromobility) (THALAFAE)

Keywords

• Ride-hailing services
• Corporate mobility
• Fleet management
• Urban transportation
• Package delivery

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Ride-hailing commission: Commission-based model where Cabify takes a fee from each completed trip. Commission adapts to demand and prices adjust to distance.
2. Corporate mobility services: B2B platform for companies to manage employee transportation with centralized billing, expense tracking, and real-time trip monitoring.
3. Package/shipment delivery: Cabify Envíos service for urban delivery of packages using the driver network.
4. Fleet management platform: Platform services for fleet operators including analytics, reservation panels, and management tools.
5. Cabify Ads: Advertising platform offering online and offline advertising opportunities to brands.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels6 records

Core offering

Cabify operates a multi-mobility platform that connects passengers with professional drivers through iOS/Android mobile applications, offering on-demand ride-hailing across multiple vehicle categories including standard, economy (Cabify Lite), electric mopeds (Voltio), and integrated licensed taxis. Beyond consumer ride-hailing, the platform extends to a corporate mobility suite (Cabify para Empresas) for managing employee transportation, a fleet operator console (Cabify para Flotas), an urban package delivery service (Cabify Envíos / Cabify Logistics), and an in-app advertising product (Cabify Ads).

Product overview

Cabify operates as a multi-mobility platform offering ride-hailing services through a unified application with multiple product tiers and add-on modules. The core product is the Cabify passenger app connecting users with professional drivers across various vehicle categories (standard Cabify, economy Cabify Lite, electric Voltio mopeds, and integrated taxis). The platform extends through business-focused Cabify para Empresas for corporate mobility management, Cabify para Flotas for fleet operator coordination, Cabify Logistics for package delivery, and Cabify Ads for advertising. A driver-facing ecosystem includes Cabify Stars loyalty program with tiered benefits, MODO Destino for route optimization, and Panel de Reservas for advance booking. The company also operates a dedicated ESG initiative achieving verified carbon neutrality under ISO 14068-1, with goals for full fleet electrification.

Differentiator

Problem solved

Functional benefit

Brands

• Cabify Stars: Loyalty program for driver partners with four levels (Bronze, Silver, Gold, Platinum) offering benefits including reduced commissions, fuel discounts, and priority access to reservations.
• Cabify Club
• Voltio
• Cabify Ads
• Cabify Logistics
• Cabify para Empresas

Products and services

• Cabify (Core Ride-Hailing Platform) Multi-mobility ride-hailing platform connecting passengers with professional drivers via iOS/Android apps and the web, offering standard on-demand rides with geolocated trips, safety button, transparent pre-accepted pricing, and in-app payment. Available across 40+ cities in Spain and Latin America for individual consumers.
• Cabify Lite Economy ride-hailing category within the Cabify platform offering more affordable fares by matching passengers with cost-effective vehicle options.
• Cabify para Empresas Corporate mobility solution for businesses that lets them manage employee and client transportation, control expenses, track trips in real time, and set policy limits on hours, prices, and zones from a single platform with centralized billing. Used by 50,000+ companies.
• Cabify para Flotas Fleet management platform for VTC and taxi fleet operators to manage vehicles and drivers, control bookings, track metrics, handle billing, and access Cabify demand through the partners.cabify.com portal.
• Cabify Taxi Integration that brings licensed taxi drivers onto the Cabify network, giving them access to Cabify's booking flow and passenger demand. Includes dedicated onboarding for taxi drivers (e.g., the Barcelona sticker pickup point).
• Voltio Electric moped service within the Cabify platform offering sustainable urban mobility for short-distance trips.
• Cabify Ads Advertising product that lets brands reach Cabify's rider base through online placements in the app and offline placements (e.g., in-vehicle) within the Cabify ecosystem, with separate online and offline tracks.
• Cabify Logistics (Cabify Envíos) Package and shipment delivery service that uses Cabify's driver network to move urban packages, operating as a separate logistics division under Cabify Logistics S.A.S. (and Cabify Logistics Perú SAC), accessed via the Cabify app and cabifylogistics.com.

Quantifiable outcome

• 100% zero-emission trips target in Spain by 2025 and Latin America by 2030
• +1 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature6 records

Partnerships

Two partnerships are on record, tiered minor.

• RepsolminorStrategic or Co-development PartnerFuel discount partnership offering Cabify Stars members savings on Premium, Regular, Diesel, and Gas at Repsol stations in Peru.
• DISAminorStrategic or Co-development PartnerFuel benefits partnership in Uruguay offering cashback on fuels and discounts on lubricants at selected DISA stations for Cabify Stars members.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Uber: Global ride-hailing leader operating in 70+ countries including Spain and LatAm. Directly competes with Cabify across all 6 of Cabify's operating markets with substantially larger scale, brand recognition, and capital base.
• Bolt: European ride-hailing platform headquartered in Estonia operating across Europe and Africa. Directly competes with Cabify in Spain and several European markets with comparable app-based service and aggressive pricing strategy.
• FreeNow: Multi-mobility platform owned by BMW and Mercedes-Benz focused on taxi and ride-hailing aggregation across Europe and LatAm. Closest direct peer to Cabify given overlapping taxi-aggregation strategy and Spanish market presence.
• Lyft: US and Canada-focused ride-hailing platform with similar business model, corporate mobility offering, and EV transition strategy. Comparable in operational structure despite non-overlapping geography.
• Didi: Chinese ride-hailing giant with global operations including Latin America through 99 app in Brazil. Directly competes with Cabify's LatAm footprint with significant capital backing from Chinese tech ecosystem.

Emerging players

• inDrive: Fast-growing ride-hailing platform headquartered in the US with major presence across Latin America (Mexico, Colombia, Peru). Competes with Cabify in shared LatAm markets with unique negotiation-based pricing model.
• Sixt Ride: European chauffeur-driven ride-hailing service from Sixt Group targeting corporate clients with premium and taxi offerings. Comparable B2B corporate mobility focus and European operational footprint to Cabify Empresas.
• Gett: Corporate-focused ground transportation platform operating across Europe, US, and Israel. Comparable to Cabify para Empresas in targeting enterprise clients with managed mobility solutions and ride-hailing aggregation.
• Via Transportation: Shared mobility and transit technology platform providing on-demand ride pooling solutions to municipalities and enterprises globally. Adjacent peer given overlap in corporate/municipal mobility software platform offerings.

Regional players

• 99 (Didi subsidiary): Brazil-focused ride-hailing app owned by Didi Chuxing with dominant market share in Brazil. Relevant LatAm peer given Cabify's Colombian and broader regional operations and cross-border LatAm mobility dynamics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/cabify
• LinkedInlinkedin.com/company/cabify
• Instagraminstagram.com/cabify
• Facebookfacebook.com/cabifyEs
• YouTubeyoutube.com/c/Cabify

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries9 records

Funding overview

Funding rounds14 records

Investors27 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cabify