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Ubirider closes $1.95 million in a seed round led by Techtree Investments and Cedrus R&D III to expand internationally and enhance product development and marketing teams.

PRIVATEMar 04, 2024

Amount Raised

$1.95 Million

Round Type

Seed

PortoSoftwareTransportationFintech

Investors

Andrés AlcaláJose SantosGrupo BarraqueiroCedrus R&D IIITechtree Investments

Description

Ubirider announced the closing of a $1.95 million seed round led by Techtree Investments and Cedrus R&D III, with participation from Grupo Barraqueiro and two angel investors. The funding will be used for international growth and to expand the product development and marketing teams, aiming to bring open mobility and contactless payment solutions to transit riders and operators globally.

Quick answer

Ubirider raised $1.95 Million in a Seed round, dated March 4, 2024. Investors: Andrés Alcalá, Jose Santos, Grupo Barraqueiro, Cedrus R&D III and Techtree Investments. Ubirider is based in Porto, Porto, Portugal.

How much did Ubirider raise?
Ubirider raised $1.95 Million in a Seed round on March 4, 2024.
Who invested in Ubirider?
Andrés Alcalá, Jose Santos, Grupo Barraqueiro, Cedrus R&D III and Techtree Investments are named as investors in this round.
What does Ubirider do?
Ubirider is a mobility fintech company that created the Ubirider Platform, a digital mobility-as-a-service (MaaS) platform for transport providers, riders, and cities, aiming to bring open mobility and banking through..
Where is Ubirider based and how big is it?
Ubirider is based in Porto, Porto, Portugal.
Who are the decision-makers at Ubirider?
Fundz holds 1 contact at Ubirider. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Fintech around the same time

Companies in the same sectors as Ubirider that raised within 45 days of this round, from Fundz verified event records.

  • RAMP raised $150M (Funding Round) on April 17, 2024.
  • Penny Software raised an undisclosed amount (Pre-Series A) on April 15, 2024.
  • TaxDown raised $5.4M (Funding Round) on April 10, 2024.
  • Parafin raised $125M (Funding Round) on April 9, 2024.
  • Railroad Software raised $15M (Funding Round) on April 9, 2024.
  • Platform Science raised $125M (Funding Round) on April 9, 2024.

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Company Information

Company

Ubirider

Location

Porto, Porto, Portugal

About

Ubirider is a mobility fintech company that created the Ubirider Platform, a digital mobility-as-a-service (MaaS) platform for transport providers, riders, and cities, aiming to bring open mobility and banking through innovative contactless payment solutions to transit riders and operators everywhere.

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