CCabify is a ride-hailing service that connects passengers with professional drivers via a mobile app. It operates in eight countries and more than 40 cities across Latin America and Spain, serving both individual riders and businesses. Users book trips in the app, see the price upfront, and the platform takes a commission from each ride as its main revenue. For businesses, Cabify offers corporate plans that include features like real-time journey tracking, cost controls, and limits on price, time, and service area. Rides are geo-tracked and drivers are vetted to ensure safety and quality, with extra hygiene measures and a shareable real-time route option for added security. The company aims to provide safer, higher-quality, and more transparent travel experiences through its service.
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Industries
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$617.8M
Headquarters
Madrid, Spain
Founded
2011
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Total Funding
$617.8M
Above
Industry Average
Funded Over
12 Rounds
Cabify adds 200 Skoda Elroq electric SUVs to fleets in Barcelona and Seville. The latest delivery brings Cabify's Spanish fleet of Skoda Elroq vehicles to 320 units as the mobility company advances its target of achieving zero-emission operations by 2030. Prefer on Google Cabify is adding 200 Skoda Elroq electric SUVs to its operations in Barcelona and Seville, expanding its use of battery-electric vehicles as part of its plan to make all rides on its platform emission-free by 2030. The vehicles will be operated by Vecttor, Cabify's Spanish subsidiary, as part of the mobility company's broader fleet electrification strategy. The latest delivery follows the deployment of 120 Skoda Elroq models in Madrid in 2025, bringing the total number of Elroq vehicles in Cabify's Spanish fleet to 320. Skoda builds its largest electric fleet in Spain. The 200 new vehicles represent Skoda's largest electric vehicle fleet deployment in Spain to date. In Barcelona and Seville, the Elroq models will support the replacement of vehicles in Cabify's existing fleet, with a significant share of the new units allocated to operations in the Andalusian capital. The expansion strengthens the partnership between the automaker and the Spanish mobility provider, which is working to reduce emissions across its services through the introduction of electric vehicles. Elroq 85 Selection offers up to 570 kilometres of WLTP range. The vehicles supplied are the Skoda Elroq 85 Selection, equipped with an 82-kWh battery and a WLTP driving range of approximately 570 kilometres. In urban driving conditions, the model can achieve a range of up to 720 kilometres. The electric SUV supports DC fast charging at up to 175 kW, allowing the battery to charge from 10% to 80% in 29 minutes. It also features a heat pump. Cabify reaffirms its 2030 Decarbonisation target. The fleet expansion supports Cabify's 2030 Decarbonisation Plan, which aims to ensure that all journeys booked through its platform are completed using zero-emission vehicles. Discover more Compare PSUs Test Car Batteries Compare Cars Alberto González, Managing Director of Cabify Spain, highlighted the strategic importance of the partnership with Skoda and reaffirmed the company's long-term commitment. "We remain steadfast in our 2030 decarbonisation plan and pursue the clear goal of ensuring all Cabify rides take place in zero-emission vehicles. The partnership with Skoda is a strategic step, as we share common values, visions, and a clear objective." Skoda Spain Managing Director Fidel Jiménez de Parga also highlighted the delivery of 320 vehicles in just over a year and announced further expansion of the partnership. Skoda expands corporate fleet deliveries in Spain. The Cabify agreement forms part of Skoda's wider business-to-business activity in the Iberian Peninsula, where the automaker is supplying electric vehicles to companies and public institutions. Other recent orders include 167 Skoda Enyaq vehicles for energy company Endesa and 90 Enyaq units for Spain's Guardia Civil. The Elroq has also established a strong position in the European electric vehicle market, ranking second among the region's best-selling electric cars and regularly appearing among the top ten electric models in Spain. The Cabify deployment adds another large-scale fleet application as demand for the model grows. Discover more Electric Vehicles Compare EV Models Nico Romano has been covering the European electric vehicle market for EVMagz.com since becoming a reporter in 2025, reporting on EV manufacturing, charging infrastructure, battery supply chains, and clean mobility policy across Europe.
Incognia, a cross-device risk intelligence provider, has partnered with Cabify, an international mobility platform operating across six markets and 40 cities in Spain and Latin America. The partnership aims to strengthen safety and fraud prevention for drivers and riders using device and location intelligence. Cabify selected Incognia to combat sophisticated fraud schemes including fake rides, identity manipulation, GPS spoofing, promotional abuse, ban evasion and driver account sharing. The solution combines device fingerprinting, tamper detection and precise location intelligence whilst maintaining seamless user experiences. According to Cabify, 79% of its users choose the platform for its security guarantees. The partnership follows Incognia's recent announcement that it tripled year-over-year revenue and now serves over half the world's largest food delivery and ride-hailing companies.
Atlético de Madrid signs mobility partnership with Cabify. * 16 hours ago Roger Hampel Image: Atlético de Madrid Atlético de Madrid has announced a new partnership with Spanish mobility company Cabify, which becomes the club's Official Mobility Partner as part of a broader initiative aimed at improving matchday transport and fan access to the Riyadh Air Metropolitano. The agreement covers both the men's and women's first teams and includes Cabify's presence within the club's future Ciudad del Deporte development project, the large sports and leisure complex planned around the stadium area in northeast Madrid. Focus on matchday mobility and fan experience Atlético de Madrid. Under the agreement, Atlético supporters will have access to mobility promotions and activations connected to matchdays at the Riyadh Air Metropolitano. These initiatives are expected to include discounted rides, promotional campaigns, giveaways and other digital activations linked to the club's match schedule. For clubs with stadium capacities approaching or exceeding 60,000 spectators, transportation infrastructure has become a critical component of matchday operations. Partnerships with mobility platforms allow clubs to address access challenges while improving the overall visitor experience. Integration with Atlético's long-term stadium district strategy. The collaboration also extends beyond immediate matchday operations. Cabify will be integrated into Atlético's long-term Ciudad del Deporte project, which aims to transform the area surrounding the Riyadh Air Metropolitano into a multi-purpose sports and entertainment district. The development is designed to position the stadium environment as a year-round destination combining sport, leisure, commercial activity and community spaces. By incorporating mobility services into the project's infrastructure planning, Atlético seeks to ensure that the venue can accommodate increased visitor traffic as the complex expands. Executive comments. Óscar Mayo, Atlético de Madrid's General Director of Revenue and Operations, said the agreement addresses an important aspect of the matchday experience: "We are fortunate to have the support of 70,000 fans every time we play at home. A key factor in their experience is transportation, and this partnership with Cabify allows us to make journeys to the stadium easier and more comfortable." Óscar Mayo also emphasised the role of the partnership within the club's broader development plans: "The alliance with Cabify goes beyond the present and will be a strategic pillar of the Ciudad del Deporte project, which aims to transform the area around the Riyadh Air Metropolitano into a major sports and leisure destination." Cabify Spain CEO Alberto González described the collaboration as a natural partnership between two organisations rooted in Madrid.
Madrid-based multi-mobility company Cabify has closed a $110 million funding round from Orilla Asset Management and AXIS to accelerate its growth strategy. The investment follows a €40 million loan from the European Investment Bank and an acquisition of a 1.26% stake by Mutua Madrilena last year. CEO Juan de Antonio says the company expects to triple revenue over the next three years whilst reaching "a stage of maturity and sustainable growth that is unique in its sector." Cabify plans to expand to more than 25 new cities across Spain and Latin America. The company is targeting zero-emission vehicles for all trips in Spain by 2025 and Latin America by 2030. The EIB loan will fund the purchase of 1,400 electric vehicles as part of these sustainability goals.
- Cabify, a mobility company that develops technology to transform cities, announces a milestone in its alliance with Autonomy, a "Rent to own" vehicle rental company, which will accelerate the path towards the electrification of its fleet in Argentina.
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Industries
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$617.8M
Headquarters
Madrid, Spain
Founded
2011
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs