# Cabforce

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cabforce

- Industry: Internet
- Headquarters: Espoo, Finland
- Website: www.cabforce-travel.com
- Latest round: Seed (Mar 1, 2012)
- Investors on record: 3

## About

Cabforce offers specialized travel solutions that streamline transportation logistics for both business and leisure travelers, facilitating efficient booking of ground transport services.Founded in 2009 in Espoo, Finland, Cabforce provides a platform that connects users with reliable transportation options. In May 2015, the company was acquired by CarTrawler, which is part of BC Partners and Insight Venture Partners. Notably, the company has closed three deals, with the most recent funding round being a Grant of EUR 1.5 mn from Finnvera.Cabforce Travel specializes in providing innovative travel solutions aimed at simplifying transportation logistics for both business and leisure travelers. Their core offerings center around a platform that connects users with reliable transportation services, streamlining the booking process for taxis, shuttles, and other forms of ground transportation. The target clientele includes corporate travelers and travel agencies, with a focus on markets in Europe, North America, and Asia, where demand for efficient travel solutions is particularly pronounced.In 2023, Cabforce reported a revenue of EUR 0 and an EBITDA of EUR -440.1.Cabforce aims to expand its offerings by developing new products designed to enhance user experience in booking transportation services. The company is focused on entering new markets, particularly targeting expansion in Asia by 2025. The recent Grant funding of EUR 1.5 mn will be utilized to support these initiatives, particularly in product development and market entry strategies.

## Funding rounds

- Seed, Mar 1, 2012 — Tekes Venture Capital, Pivot5, Vera Ventures

## Investors

- Tekes Venture Capital — Seed
- Pivot5 (https://capitalatlas.ai/funds/pivot5) — Seed
- Vera Ventures — Seed