Ualabee
Ualabee is a technology company.
Financial History
Ualabee has raised $500K across 1 funding round.
Frequently Asked Questions
How much funding has Ualabee raised?
Ualabee has raised $500K in total across 1 funding round.
Ualabee is a technology company.
Ualabee has raised $500K across 1 funding round.
Ualabee has raised $500K in total across 1 funding round.
Ualabee has raised $500K in total across 1 funding round.
Ualabee's investors include Avalancha Ventures.
Ualabee is a SaaS mobility-tech company founded in 2019 in Córdoba, Argentina, that builds a collaborative platform integrating public transport, micro-mobility, ride-hailing, and other services to optimize urban commutes.[1][2][4] It serves end-users, governments, businesses, and mobility operators across over 30 cities in 7 Latin American countries with trip-planning apps, Transit APIs, data analytics, GTFS editors, and mobility insights, solving urban congestion, inefficiency, and sustainability challenges under a B2B/B2C model.[1][2][3] The platform promotes sustainable cities by enabling multimodal routing, reducing emissions via carbon footprint tracking, and providing data-driven tools for planning, with a presence as the region's largest mobility tech provider and revenue under $5 million.[2]
Ualabee emerged from CEO Joaquín Di Mario's 2012 thesis at Universidad Tecnológica Nacional, where he developed a bus fleet management system using SMS queries, revealing Latin America's severe urban mobility issues—like vehicles losing over three years of life to traffic.[4] Di Mario co-founded the company in 2019 with CTO Franco Rapetti (ex-Techtripod, MiAutobus, Scrum Master at Intertron) and COO Alexis E. Picón Güell (ex-Techtripod, MiAutobus, Scrum Master at Intertron), initially launching a B2C app for multimodal trip planning.[1][4] Early traction included pivots during the 2020 pandemic, which dropped user metrics 80% and shifted focus to B2B SaaS solutions like APIs and analytics; funding from BID Lab, StartUP Chile, and Founder Institute fueled expansion.[1][4]
Ualabee rides the Mobility as a Service (MaaS) trend, shifting cities from car-centric to integrated, data-driven public/multimodal transport amid urbanization and climate pressures in Latin America.[1][4] Timing aligns with post-pandemic recovery, where mobility demand surged alongside needs for sustainable, efficient systems—exacerbated by LatAm's traffic losses and growth in smart cities.[4] Market forces like EV integration (e.g., MOU with U Power for battery solutions) and government pushes for urban analytics favor its expansion, influencing ecosystems by enabling operators/governments with open data/APIs to cut emissions, optimize networks, and foster collaborative innovation.[2][3][5]
Ualabee's momentum—regional dominance, AWS presence, and pivot to scalable B2B—positions it for aggressive growth toward its 2030 vision as LatAm's leading mobility integrator.[2][5] Next steps likely include deeper API partnerships, EV/micro-mobility expansions, and city-wide deployments, shaped by AI-driven analytics, regulatory green mandates, and MaaS adoption. Its influence could evolve from regional provider to pan-American platform, humanizing tech by empowering communities and stakeholders to build fairer cities, directly advancing the sustainable urban mobility it set out to optimize.[1][5]
Ualabee has raised $500K across 1 funding round. Most recently, it raised $500K Seed in December 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2024 | $500K Seed | Avalancha Ventures |