19 Facts About Cabify

Cabify is a Spanish ridesharing company which provides vehicles for hire via its smartphone mobile app.

Cabify was founded in May 2011 by Juan de Antonio, and raised a total of $304 million from investment funds.

Cabify was founded in May 2011 by Juan de Antonio, a Spanish entrepreneur, telecommunications engineer, and graduate of Stanford University.

Cabify set up its first transportation network in Madrid, and the idea attracted investors from Silicon Valley.

In September 2018, drivers for ride-hailing services including Cabify protested against the Spanish government's proposition to tighten up rules for ride-hailing services.

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In January 2019, Cabify suspended its operations in Barcelona after the Catalan government voted a new rule requiring a 15-minute notice for booking a car.

Year after its foundation in Spain, Cabify launched its operations in Latin America, opening subsidiaries in Mexico, Chile and Peru.

In 2016, Cabify started operating in Argentina, Brazil, Costa Rica, Bolivia, Ecuador, and Panama.

Cabify started offering services to the corporate sector in Bogota in 2015.

Cabify late opened in Cali in April 2016 and announced its expansion to Medellin and the Caribbean region, more precisely to the cities of Barranquilla and Cartagena.

Cabify installed a panic button in its app to prevent other similar crimes.

Cabify's revenues had risen to $40m, from $10m in 2014 and $1m in 2013.

In January 2018, Cabify raised an additional $160 million, valuing the company at $1.

Cabify operates as the contact point between customers and private drivers by means of its mobile app for Android and iPhone, as well as its web page.

Once the ride is over, Cabify sends a summary to the customer's mobile phone, including information such as the distance, duration and cost of the ride.

The murder of a young female customer in Puebla, Mexico, by one of Cabify's drivers raises important questions about the credibility of any filtration process carried out by the company.

Cabify tries to work with governments to find a way to operate legally.

Cabify doesn't take care of the registration of self-employed workers.

Several Chilean celebrities who use Cabify's services, including Cristian Sanchez and Renata Ruiz, supported the company by filming a video where they give their reasons for using Cabify.