/// Exclusive: Hailo Raising $30M at $140M Valuation for Epic NYC E-Taxi Throwdown With Uber
Hailo , the European taxi-hailing app, is raising a large round of funding as it prepares to do battle in the U.S. market, specifically in New York City. The London-based company is poised to close a $30 million in Series B funding, according to multiple sources close to the situation, with the likely lead investor being Fred Wilson of NYC-based Union Square Ventures. Hailo has been hailed as one of the most promising European start-ups, and had raised $17 million in Series A funding from Accel Partners, Atomico and Wellington Partners earlier this year. The app helps iPhone and Android users secure yellow cab rides on the go, and pay for them automatically with a credit card.
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Exclusive: Hailo Raising $30M at $140M Valuation for Epic NYC E-Taxi Throwdown With Uber
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