GetTaxi Raises $150M To Expand Service In NYC

August 13, 2014 | The Israeli taxi ordering application GetTaxi announced that it raised $150 million in funding to start the service in New York for corporate customers. A rival company of popular U.S. services Uber and Lyft, GetTaxi has already expanded out of Israel into major European cities like London where it operates a black cab service. To date, GetTaxi has raised $210 million in funding. “Although competition is ripe everywhere, we think a conservative scenario is that GetTaxi becomes the leading player in Russia and Israel,” Vostok Nafta Investment Ltd., the Swedish fund manager that contributed $25 million to the funding round, said in a separate statement. Founded in Tel Aviv in 2010 by Shahar Waiser and Roi More, GetTaxi is used as a taxi service for personal and corporate uses in 24 cities including London, Moscow, and now, New York (under the name Gett).