TaxiCoin

taxicoin.app ↗ ·Vitoria-Gasteiz ·Seed

TaxiCoin is a Vitoria-Gasteiz-based ride-hailing platform built only for licensed taxis. It runs a passenger app and a separate driver app. Passengers can choose a driver by their preferences or book the nearest taxi, add several stops, and pay by card, cash or cryptocurrency. Drivers join without exclusivity and are rewarded for positive reviews, and riders earn the TXC token, which lowers the cost of later trips. Founded in 2022 and backed by BIC Araba and the Lanzadera accelerator, the company ran a pilot in Madrid that signed up more than 500 drivers and 8,000 users in four months. In January 2024 it launched across the full 240-taxi fleet in Benidorm and began a pilot in Tenerife. TaxiCoin raised a pre-seed round at a €1M valuation in early 2023, followed by a €120,000 round later that year at a €1.5M valuation, for about $1.2M raised in total.

Founded
2022
Founders
2
Total funds raised
€1.1M
Rounds
2
Investors
2
Last round
Nov 2023
SectorsMobility, Ride-hailing, Taxi, Blockchain Start-up MapMobility & Logistics › Mobility & vehicle services

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Founders

Alain Mateo Armas
CEO & Co-founder
Eric Zárate
Co-founder

Global models 5

Kakao Mobility
Kakao T built its business as a hailing app for licensed taxis, with separate passenger and driver apps and money made from fees and premium driver memberships.
~$1BComparable
Gett
Israel · gett.com ↗
Ride-hailing app that works only with licensed black cabs and taxi fleets, earning a commission on each booked trip.
~$1BComparable
FREENOW
Began as mytaxi, a passenger and driver app for licensed taxis only that takes a commission per ride and has no exclusivity for drivers (acquired by Lyft in 2025).
~$1B+ (mostly corporate, BMW/Mercedes)Comparable
Hailo
United Kingdom
Taxi-only e-hailing app that linked passengers to licensed cab drivers for a commission per trip (merged into mytaxi in 2016).
~$100MComparable
Flywheel
United States · flywheel.com ↗
Hailing app for licensed taxi drivers competing with Uber, charging fees on booked rides and selling dispatch software to taxi fleets.
~$40MComparable

In the same niche 15 others

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Notes: Most funded first

Investors 2

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Funding rounds 2

DateRoundAmountLead
PublishedArticle
2024-02-07 Benidorm taxis incorporate a pioneering 'app' to request the service with the mobile phone ↗
Benidorm.org (Benidorm City Council)
2024-02-07
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