About Allocab
Allocab is a company based in Paris (France) founded in 2011.. Allocab has raised $3.31 million across 1 funding round from investors including SNCF Group. Allocab offers products and services including VTC Service, Taxi Service, Taxi-Moto, Van Premium, and Green Vehicle Option. Allocab operates in a competitive market with competitors including Heetch, Hype, LeCab, Kapten and SharkTaxi, among others.
- Headquarter Paris, France
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3.31 M (USD)
in 1 rounds
-
Latest Funding Round
$3.31 M (USD), Series A
Oct 13, 2016
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Allocab
Allocab offers a comprehensive portfolio of products and services, including VTC Service, Taxi Service, Taxi-Moto, Van Premium, and Green Vehicle Option. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for booking private chauffeurs with fixed prices
App-based booking for traditional taxis in France
Fast transport option for single passengers
Service for larger groups with spacious vehicles
Electric or hybrid rides to reduce carbon emissions
Unlock access to complete
Funding Insights of Allocab
Allocab has successfully raised a total of $3.31M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.31 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.3M
-
First Round
First Round
(13 Oct 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Series A - Allocab | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Allocab
Allocab has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include SNCF Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Rail transport and logistics services are provided nationwide in France.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Allocab
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Allocab
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Allocab Comparisons
Competitors of Allocab
Allocab operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Heetch, Hype, LeCab, Kapten and SharkTaxi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based taxi-hailing services are offered in select European cities.
|
|
| domain | founded_year | HQ Location |
App-based ride-hailing is facilitated by a hydrogen-powered taxi fleet.
|
|
| domain | founded_year | HQ Location |
Intracity cab services are offered via an online ride-hailing platform.
|
|
| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via an app-based platform.
|
|
| domain | founded_year | HQ Location |
Offers app-based taxi ordering with real-time tracking and driver selection.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Allocab
Frequently Asked Questions about Allocab
When was Allocab founded?
Allocab was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Allocab located?
Allocab is headquartered in Paris, France.
Is Allocab a funded company?
Allocab is a funded company, having raised a total of $3.31M across 1 funding round to date. The company's 1st funding round was a Series A of $3.31M, raised on Oct 13, 2016.
What does Allocab do?
Founded in 2011 in Paris, France, Allocab operates as a technology startup in the transportation sector. A mobile and web application is offered for booking private drivers with limos, vans, or motorcycles. Options for vehicle brands, models, driver quality ratings, and amenities like water, WiFi, or chargers are available to users. Services cover Paris, Marseille, Aix-en-Provence, Nice, Cannes, Toulon, and Monaco.
What products or services does Allocab offer?
Allocab offers VTC Service, Taxi Service, Taxi-Moto, Van Premium, and Green Vehicle Option.
Who are Allocab's investors?
Allocab has 1 investor. Key investors include SNCF Group.