Gett raises $115M more for its on-demand ride-hailing platform for business users – TechCrunch
The company — co-headquartered in London and Israel — also said it is now “operationally profitable” and is hitting its budget targets. Including this round, Gett has now raised $965 million, with past investors including VW, Access and its founder Len Blavatnik, Kreos, MCI and more. The Gett of the past — it was originally founded in 2010 under the name GetTaxi — did indeed try to build a business around both consumers and higher-end users, but the idea behind Gett today is to focus on corporate accounts. In certain metropolitan areas like London and Moscow, Gett provides transportation services directly. “We are on a journey to transform corporate ground travel and I’m delighted that investors find our model attractive,” Waiser said in a statement today.