Volt Lines
Latest round
- Series A
Last raised
- Dec 2019
Total raised
- $7.2M
Investors
- 8
About Volt Lines
Volt Lines, founded in 2017 by Ali Halabi, operates from its headquarters in Istanbul, Turkey, offering corporate transportation services. The company has successfully completed 8 deals, with the most recent being a Trade Sale on April 25, 2022, in which SWVL Inc. led the investment alongside Agility Logistics and Careem Networks FZ LLC.Volt Lines specializes in corporate transportation solutions, focusing on smart personnel shuttle services that enhance the commuting experience between employees' homes and workplaces. Their primary offerings include a technology-enabled transport system, facilitated through a driver application that provides route details and passenger information, while employees can access real-time updates through a dedicated passenger app. The service allows for seamless interaction between drivers and passengers, with all communications protected via VoIP technology.Volt Lines generates revenue through business-to-business transactions, offering subscription-based services for corporate clients that require personnel transportation solutions. The revenue model is based on partnerships where clients pay for shuttle services according to their specific transportation requirements, including routes and service frequency. This approach enables businesses to optimize transportation costs by utilizing shared seating on existing routes, resulting in potential savings of up to 30%.Volt Lines aims to enhance its service offerings and expand its presence in the corporate transportation sector. The recent acquisition by SWVL Inc. is expected to deepen its foothold in Europe and broaden its enterprise client base. Moreover, the company is exploring expansion into new markets, particularly in European cities, with a targeted approach set for the next 18 months, aligning with its growth objectives.
Who invested in Volt Lines
8 investors across 4 rounds
See all investors in Volt Lines
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Volt Lines
Who invested in Volt Lines?
Volt Lines has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Volt Lines raised?
Volt Lines has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Volt Lines last raise money?
Volt Lines's most recent round on record is a Series A, in Dec 2019.
What does Volt Lines do?
Volt Lines, founded in 2017 by Ali Halabi, operates from its headquarters in Istanbul, Turkey, offering corporate transportation services.
Where is Volt Lines headquartered?
Volt Lines is headquartered in Istanbul, Turkey.
Which VCs invest in companies like Volt Lines?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back transportation services companies at Volt Lines's stage. Their profiles are linked below.
VCs backing transportation services startups at Series A
Raising like Volt Lines? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.