Zeelo raised $23 million in Series B funding led by Blue Earth Capital to accelerate its growth in North America and strengthen its market leadership in the UK and Ireland.

Information on the Target

Zeelo is a leading provider of Transportation-as-a-Service (TaaS), focused on delivering essential mobility solutions for employees and students in both the United States and the UK & Ireland. The company offers a proprietary, asset-light technology platform that facilitates safe, reliable, and sustainable transportation services. Currently, Zeelo operates a robust network comprising over 650 verified third-party operators and has access to more than 10,000 vehicles.

With a significant emphasis on reducing transportation costs, enhancing employee retention, and improving commuting experiences, Zeelo has successfully established itself in the market. The company’s AI-driven virtual transportation management system optimizes routes and streamlines operational processes, ensuring a seamless experience for riders. Their commitment to environmental sustainability is evidenced by their ongoing efforts to minimize single-occupancy vehicle use and promote the electrification of shuttle fleets.

Industry Overview in the UK & Ireland

The UK & Ireland transportation industry is experiencing a transformation, with a growing emphasis on sustainable mobility solutions. The increasing concerns over carbon emissions and traffic congestion have prompted both publi