COMPANY INFO
Uber's actual company name is Uber Technologies, Inc. It was founded in March 2009 by Garrett Camp and Travis Kalanick. As of 2024, Uber has approximately 31,100 employees. The company's website is uber.com. Uber operates in the transportation and mobility as a service industries. Uber Technologies, Inc. is an American multinational transportation company that provides ride-hailing, courier, food delivery, and freight transport services. Headquartered in San Francisco, California, it operates in about 70 countries and 10,500 cities worldwide, coordinating millions of trips daily.
Uber, officially known as Uber Technologies, Inc., was founded in 2009 by Garrett Camp and Travis Kalanick. Headquartered in San Francisco, California, Uber operates in the transportation, mobility as a service, and technology industries. As of 2024, the company employs around 31,100 people and delivers ride-hailing, courier services, food delivery (Uber Eats), and freight transport to over 70 countries and 10,500 cities worldwide. Uber coordinates millions of trips daily, shaping how people and goods move across the globe.
Uber's funding journey is one of the most iconic in the tech industry. Since its inception, Uber has raised approximately $13.2 billion through 26 funding rounds. The company strategically leveraged multiple rounds—ranging from Angel investment and Seed funding to large-scale Series rounds and post-IPO capital infusions—to fuel aggressive expansion, technology development, and global market penetration. Uber's funding strategy combined partnerships with top-tier venture capitalists, technology corporations, and sovereign wealth funds, setting financial milestones with record-breaking investments at every stage.
Post-IPO funding aimed at supporting Uber’s corporate growth, addressing debt management, and providing financial flexibility after becoming a public company.
Debt financing used to provide operational and financial flexibility to Uber during continued market expansion and consolidation phases.
Round led by PayPal designed to support strategic investments and further international market expansion.
Strategic investment round led by Toyota focused on partnership opportunities, autonomous vehicle development, and global market growth.
A significant Series G infusion led by SoftBank Vision Fund, TPG, Sequoia Capital, and Tencent, used to accelerate further expansion and back strategic initiatives.
The major funding boost from the Public Investment Fund to accelerate Uber’s growth and bolster its expansion in high-growth markets.
This round, involving Microsoft and Kingdom Holding Company, was focused on technology innovation and deepening strategic corporate partnerships.
A substantial Series E round from backers including Sequoia Capital, TPG, and Qatar Investment Authority, aimed at scaling global operations and deepening market reach.
Led by Fidelity Investments, Wellington, and others, Series D fueled Uber’s large-scale expansion and operational growth in new geographies.
Key round for further market expansion and technology development, with support from Google Ventures, Benchmark, and TPG.
Funding for scaling operations and capturing new markets, led by Menlo Ventures, Benchmark, and additional strategic investors.
Early-stage growth funding for continued product development and market entry, with investment from Benchmark, Alfred Lin, and A-Grade Investments.
Seed investment provided by First Round Capital, Lowercase Capital, and others, fueling initial product development and early market launch.
Angel funding supporting Uber's actual launch and early proof-of-concept development.
Saudi Arabia's sovereign wealth fund played a pivotal role with a $3.5 billion investment, significantly influencing Uber’s global expansion and providing strategic international connections.
PayPal invested $500 million, strengthening payment integration and supporting Uber’s expansion into digital financial services.
Toyota’s $500 million strategic investment contributed expertise and partnership in autonomous and connected vehicle development, aligning Uber with automotive innovation.
SoftBank’s multi-billion dollar involvement marked a transformative phase for Uber, enabling global scale and offering deep expertise in technology investing.
TPG Capital participated in several major rounds, providing financial resources and strategic guidance during Uber’s critical periods of expansion.
Sequoia is a prominent venture capital firm backing Uber in its pivotal growth rounds and supporting strategic direction.
Tencent’s involvement brought deep connections in Asia and technological expertise, helping Uber in key international markets.
Malaysia's pension fund invested for diversification and exposure to the global tech sector, supporting Uber’s capital strength.
This international VC firm participated as part of Uber’s diverse financing network, offering access to strategic networks and expansion resources.
An international investment firm that backed Uber in scaling its market presence.
Helped Uber access and navigate the Indian market and Asian ecosystem.
Microsoft's $1 billion investment was designed to foster close technology collaboration and advance Uber’s cloud and data innovations.
Each of these firms and individuals participated across various stages in the Uber funding story, contributing capital, expertise, and industry networks to fuel Uber’s growth.
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