Greek taxi-hailing start-up Taxibeat secures $2m

The investment came from a consortium of private individual investors and will be used to launch the app in Mexico City.

Company
Established in May 2011 by Nikos Drandakis, Taxibeat was initially seeded by Athens-based OpenFund, which provided a €1.4m capital injection.

Taxibeat provides a rating service allowing passengers to choose which car and driver they would like to use for their upcoming journey and then rate them afterwards.

The offering is available in Athens, Paris, Olso, Rio de Janeiro and Sao Paulo. The company plans to launch in Mexico City in mid-July.

Taxibeat is available on iOS and Android platforms.

People
Nikos Drandakis is CEO of Taxibeat.

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