Nekso

Transportation ServicesSeries AToronto, Canadanekso.io

Latest round

Series A

Last raised

Sep 2017

Total raised

$25M

Investors

1

About Nekso

Nekso operates a mobile platform that provides access to taxi services, facilitating ride requests with local drivers. Founded in 2016 in Toronto, Canada, the company was established by Azam Mohabbatian and Vito Akbari, who previously had experience in the tech industry.Nekso operates a mobile taxi application designed to connect passengers with professionally trained taxi drivers, ensuring a seamless and secure transportation experience. The core service enables users to request rides from recognized taxi lines in various cities, utilizing local drivers who possess extensive knowledge of the area. The application allows passengers to select their preferred driver and taxi line, fostering a sense of control over their travel choices. Additionally, Nekso provides an executive service, known as Nekso Royal, catering to clients seeking high-quality transport with enhanced vehicles and trained drivers.Nekso generates revenue through its mobile application by facilitating transactions between passengers and taxi drivers. Customers use the app to book rides, with payments processed directly within the platform, allowing for cashless transactions via credit or debit cards. The revenue model includes service fees charged to drivers for each completed ride, while passengers benefit from a user-friendly interface that simplifies payment. The company also incentivizes user engagement through a rewards program, encouraging repeat usage and customer loyalty. The company is currently focused on launching new features to improve user experience by early 2024. Additionally, Nekso intends to explore expansion into new Latin American markets, aiming to establish operations in Brazil and Chile by the end of 2024.

Who invested in Nekso

1 investor across 1 round

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Funding rounds

  1. Series A

    Sep 14, 2017

    Amount

    $25M

    Investors

    Locked

Questions about Nekso

Who invested in Nekso?

Nekso has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Nekso raised?

Nekso has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Nekso last raise money?

Nekso's most recent round on record is a Series A, in Sep 2017.

What does Nekso do?

Nekso operates a mobile platform that provides access to taxi services, facilitating ride requests with local drivers.

Where is Nekso headquartered?

Nekso is headquartered in Toronto, Canada.

Which VCs invest in companies like Nekso?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back transportation services companies at Nekso's stage. Their profiles are linked below.

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