What does Zeelo do?
Zeelo is a transportation-as-a-service provider that offers fully managed, end-to-end shuttle services for employers and schools. The company leverages a proprietary, asset-light technology platform, combining AI-driven transport management with a network of over 650 vetted third-party operators and access to more than 10,000 vehicles to deliver safe, reliable, and sustainable mobility solutions.
How much did they raise?
The company raised $23M in Series B funding, with Blue Earth Capital as the lead investor and participation from Direttissima Growth Partners and Peter Bauer’s family office.
What are their plans for the money?
With the new funding, Zeelo aims to consolidate its market leadership in the UK and Ireland, accelerate commercial growth in North America, enhance its proprietary routing software and AI-powered transport management platform, and pursue strategic M&A opportunities. Looking ahead, the company plans to integrate autonomous and electric vehicle technologies and expand its self-serve capabilities to scale its global operations.
What have they achieved so far?
Zeelo has demonstrated strong progress by successfully acquiring UK competitor Kura in 2024, a move that has reinforced its position in the market.