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Karhoo

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Creating the largest and most transparent marketplace for ground transportation: the Karhoo Mobility Exchange

London, United KingdomFounded 2014Transportation
Valuation $100–500M Latest valuation · 2015
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Karhoo

Karhoo operates a global B2B mobility marketplace, connecting transportation supply with demand from corporate clients and major brands. The company provides a white-label platform and API that allows partners, such as those in the travel and hospitality sectors, to integrate ride-hailing services directly into their own websites and applications under their own branding. This model enables established taxi and private hire vehicle (PHV) fleets to access a wider customer base and compete digitally, while partners can offer a seamless door-to-door travel experience and generate new revenue streams. Karhoo makes money by taking a percentage of the fare for each booking facilitated through its platform.

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The company has a tumultuous history, originally launched in 2016 by serial entrepreneur Daniel Ishag as a consumer-facing taxi comparison app. This initial venture aimed to aggregate licensed taxi and minicab operators to provide a competitive alternative to ride-sharing giants, launching in cities like London, New York, and Singapore. Despite reports of raising significant capital, the company faced financial difficulties and ceased operations in November 2016 amid allegations of mismanagement. In January 2017, the company's assets were acquired out of administration by Flit Technologies, a new entity backed by RCI Bank and Services, the financial arm of Groupe Renault. Under the new leadership of co-CEOs Boris Pilichowski and Nicolas Andine, Karhoo was relaunched with a strategic pivot from a B2C model to its current B2B focus. This revived entity is part of Mobilize, Renault's mobility division. Key milestones for the relaunched company include winning the European Startup Gold Prize for mobility in 2019 and forging major partnerships with European rail operators like SNCF, Renfe, and Thalys, as well as global platforms like Booking.com.

Karhoo's core offering is a technology platform that serves as a global mobility exchange. It provides partners with off-the-shelf ride-booking solutions or the ability to create customized integrations via API and SDK. This platform connects a network of over 3,000 fleets, representing approximately two million vehicles across 1,500 cities. For fleet operators, it provides digital access to customers of major brands that would otherwise be difficult to reach. For demand partners, such as airlines, hotel groups, and online travel agencies, it provides a tool to enhance their customer journey by offering integrated first and last-mile transportation solutions. The service handles the end-to-end management of journeys, from booking and monitoring to payment processing and commission payouts. Keywords: mobility-as-a-service, MaaS, B2B mobility, ride-hailing aggregator, ground transportation platform, white-label mobility, travel technology, first and last mile, corporate travel, fleet management solutions, taxi booking API, private hire vehicles, mobility marketplace, demand responsive transport, ancillary revenue travel, Renault Group, Mobilize, fleet connectivity, travel operator partnerships, transportation network

Source: Dealroom company data

At a glance

Status
Closed
Founded
2014
Headquarters
London, United Kingdom
Employees
17
Open positions
None listed
Dealroom signal
0.0/100
Industry
Transportation
Sub-industry
Mobility
Sector
Transportation, Sharing Economy, App, Platform, Booking, Ride-Sharing, Car, Vivatech2019, Micromobility, Ride-Hailing
Business model
Marketplace & ecommerce
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Karhoo.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SECONDARYOther financing Apr 2016 $130K Avala Capital
LATE VCEquity / VC Jan 2016 $0 Panorama Point Partners
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Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Karhoo website traffic

Latest recorded traffic for Karhoo is 39K monthly website visits, up 529% over the last three months. Karhoo's team declined 15% over the past year.

Latest monthly visits39K 3-month web change+529% 1-year team growth-15%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

  • Nick Gatfield
  • Avala Capital
  • David Kowitz

Series B and later1 investor entered at this stage

  • Panorama Point Partners
Team profiled 33 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇬🇧 United Kingdom50%
🇵🇱 Poland33.3%
🇫🇷 France16.7%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Karhoo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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