Hailo
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| Industry | Taxi management |
|---|---|
| Fate | Absorbed |
| Successor | myTaxi |
| Founded | 2011 in London, United Kingdom |
| Founders | Russel Hall Gary Jackson Terry Runham Jay Bregman Caspar Woolley Ron Zeghibe |
| Headquarters | London New York City |
| Products | Taxi e-hailing marketplace, mobile commerce network |
| Website | hailoapp |
Hailo is a British technology platform that matches taxi drivers and passengers through its mobile phone application. Founded in London in 2011, the Hailo taxi service is available in 16 cities (as of December 2013).
As of May 2013, Hailo has enabled more than 3 million rides for passengers from over 30,000 registered taxi drivers.
The Hailo Passenger App was available as a free download from the App Store and Google Play for both iOS and Android devices.
In late 2016 Hailo was absorbed by myTaxi, a German e-hailing company belonging to Daimler Financial Services, to form the largest e-hailing operator. The resulting company, branded myTaxi, is based in Hamburg.
Hailo began in late 2010, after a meeting between three London taxi drivers and three technology entrepreneurs, including co-founders Jay Bregman, CEO, Ron Zeghibe, Executive Chairman, Caspar Woolley, Chief Operations Officer, and Russell Hall, Gary Jackson, and Terry Runham, Driver Community Leaders.
On November 1, 2011 Hailo officially launched to passengers in London. By the end of 2012, Hailo had launched in Dublin, Boston, Toronto, and Chicago. As of late 2013, the company is fully available in New York City and has announced the launches of services in Madrid, the rest of Ireland, Barcelona, Washington DC, Tokyo and Osaka by the end of the year.
To date, Hailo has raised approximately $125.1 million in funding. Hailo received $3.0 million in two tranches of Seed round funding in 2011. In March 2012, Hailo received $17m in Series A round funding led by Accel Partners. The round also included contributions from both Atomico and Wellington Partners. A $30.6m Series B investment round was secured in December 2012, led by Union Square Ventures. Contributions were also made by Japanese mobile telecoms group KDDI and business magnate Sir Richard Branson.
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