Uber invests $10M in Carrum Mobility Series B
Carrum Mobility raised $10 million in Series B financing led by Uber in September, following Uber’s separate $7 million investment in January.
The new investment supports geographic expansion, stronger technology and scaled operations, including Uber Black services.
At the announcement, Carrum reported 5,100 vehicles in six cities. The financing backs expansion of that managed fleet and the software coordinating vehicles and driver operations.
Use of funds
Expand into existing and new geographies
Strengthen the technology platform
Scale operations