Easy Taxi Raises US$40 Million from Series D Round (Latin America)

Source: Rocket Internet

Easy Taxi, a Brazil-based mobile taxi application operating across Latin America, Africa, the Middle East and Asia, has raised US$40 million in a Series D financing round led by Russian venture capital firm Phenomen Ventures. Tengelmann Ventures, the investment arm of Germany-based multi-sector retailer Tengelmann Group, also participated in the round. Easy Taxi, which was founded in 2011 and is backed by global e-commerce investment platform Rocket Internet, currently operates in 32 countries and 162 cities worldwide.