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iTaxi raised 8mln PLN financing from Experior Venture Fund

22-03-2016

Taxi company named iTaxi raised 8mln PLN financing from Experior Venture Fund. All funds will be used for company’s development.

iTaxi, owned by Dirlango corporation( founders: Łukasz Wejhert, Maciej Żak), is a platform used for ordering taxi services using either mobile application or by calling a dedicated number. Currently, firm offers its services in the biggest Polish cities (including Warsaw, Cracow, Wroclaw, Lodz and Tricity) and owns more than 10 thousands taxicabs.

Official statement made by the iTaxi confirmed that 8 mln PLN was invested by Experior Venture Fund.  However company, eclipsing with secrecy of the agreement, did not reveal what percentage of its stake was acquired by the fund and what is a current value of the company.

According to iTaxi’s assurance, capital raised from the investment will be fully dedicated for company’s development – including expansion of sales department, recruitment of new drivers and marketing campaigns. Moreover, firm announced that it has plans to enter new cities soon.

For many years we have been paying attention to innovative enterprises with high growth potential, and our iTaxi investment is a perfect match to this strategy – underlines Kinga Stanisławka, managing partner and founder of Experior Venture Fund. According to our assessment of iTaxi, company offers innovative solution (application used for ordering taxi services) and has enormous growth potential. We greatly appreciate wide skillset and big experience of iTaxi’s management. We believe that together, we can contribute towards dynamic development of this company – she adds.

Source: http://www.wirtualnemedia.pl/artykul/itaxi-z-8-mln-zl-finansowania-od-experior-venture-fund