Zeelo, a London, UK-based bus commuting platform, announced that it raised $12 million in Series A funding.
The round was led by ETF Partners together with InMotion Ventures and various angel investors with Neil Smith, Founder of Transit Systems.
The funds will help the company to roll out its technology platform as a SaaS solution to fleet operator partners and encourage the transition to zero-emission buses and coaches.
Company: Zeelo LTD.
Raised: $12.0M
Round: Series A
Funding Month: August 2021
Lead Investor: ETF Partners
Additional Investor: InMotion Ventures, Various Angel Investors, including Neil Smith, Founder of Transit Systems
Company Website: https://zeelo.co/
Software Category: Bus Commuting platform
About the Company: Zeelo bus platform was founded in 2016 by serial mobility entrepreneurs Sam Ryan and Barney Williams. The company works with organizations, schools, and fleet operators to deliver bus programs that offer alternatives to driving a car, support staff recruitment, and reduce CO2 emissions from commuting. Currently, the services are working in the UK, US, and South Africa, serving over 70 customers with over 75 employees, and moving nearly 100,000 riders each month.
Source: https://siliconcanals.com/crowdfunding/bus-commuting-platform-raises-10-1m
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