Summary:
1. Zeelo, a UK-based transportation provider, secured $23M in Series B funding led by Blue Earth Capital.
2. The company plans to enhance its technology platform, expand in North America, and pursue strategic M&A opportunities.
3. Zeelo focuses on providing safe and sustainable transportation solutions for employees and students through its AI-powered platform.
Rewritten Article:
Zeelo Secures $23M in Funding to Expand Transportation Solutions
Zeelo, a leading transportation-as-a-Service (TaaS) provider based in London, UK, recently announced that it has raised $23 million in Series B funding. The funding round was led by Blue Earth Capital, with participation from existing investors such as Direttissima Growth Partners and Peter Bauer’s family office.
The company has big plans for the future, including consolidating its market leadership in the UK and Ireland, accelerating commercial growth in North America, and enhancing its proprietary routing software and AI-powered transport management platform. This funding will also support Zeelo’s strategic M&A efforts, following the successful acquisition of UK competitor Kura in 2024.
Zeelo, under the leadership of CEO Sam Ryan, is dedicated to delivering mission-critical mobility solutions for employees and students in the US, UK, and Ireland. By focusing on corporations and schools, Zeelo provides safe, reliable, and sustainable transportation through its innovative technology platform.
The company works with a network of over 650 vetted third-party operator partners and has access to more than 10,000 vehicles to offer fully managed shuttle services. This not only reduces transportation costs but also improves employee retention, enhances daily commutes, and provides a better rider experience through its AI-powered virtual transportation management system.
Looking ahead, Zeelo aims to simplify mobility for its customers, riders, operator partners, and drivers by leveraging human-centric AI. Future plans include deeper integrations with autonomous and electric vehicle technology, enhanced self-serve capabilities, and targeted M&A to scale the platform globally.
For more information, visit Zeelo.
