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Cabify: Business Overview, Financials & Competitive Analysis

Cabify scores 7/10 on the AskCyborg Cyborg Score (Solid). Established regional mobility leader with strong revenue but modest profitability; positioned for steady growth in Spanish and Latin American markets where it holds market share against larger competitors. Cabify achieved €759 million in revenue and €34 million EBITDA in 2024, demonstrating revenue growth and path to operational profitability. The company has.

What is Cabify's industry? Cabify (cabify.com) operates in Transportation and Logistics. AskCyborg classifies Cabify under Transportation and Logistics in its company registry.

Cabify was founded in 2011 and was Spain's first Unicorn company. The company operates via a platform to connect customers and private drivers using a mobile app and website, taking a commission of around 20%. Cabify ...

7/ 10Solid

Cyborg Score thesis

Established regional mobility leader with strong revenue but modest profitability; positioned for steady growth in Spanish and...

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Industry Transportation and Logistics
4 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: November 9, 2026
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What's in This Report
Cabify OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Cabify Overview

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Cabify was founded in 2011 and was Spain's first Unicorn company. The company operates via a platform to connect customers and private drivers using a mobile app and website, taking a commission of around 20%. Cabify operates in Spain and Latin America (Colombia, Peru, Argentina, Chile and Uruguay).

Strategic Profile

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Cabify offers three core classes of vehicles: Executive, Lite or Group (6 persons), serving corporate and private passengers, with corporate users being the strategic focus although private passengers account for most revenue. According to Cabify's 2024 financial results, the company generated approximately €759 million in total revenue and achieved a gross operating profit (EBITDA) of €34 million. The company emphasizes safety, quality service, and selective driver vetting as competitive differentiators.

Competitive Landscape

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Cabify competes in a crowded ride-hailing market dominated by Uber and regional players. Competitors include Ola Electric Mobility, CleverShuttle, GroundScope, and Careem. Cabify's differentiation rests on selective driver quality, corporate focus, regional market strength, and multi-service offerings (rides, deliveries, group transport).

Industry Context

Cabify operates in Transportation and Logistics.

Key facts

Founded: 2011 · Headquarters: Madrid, Spain · Employees: 4,242 · Revenue: $858M (€759M, 2024)

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on Cabify.

  • 2024 revenues of €759 million represent significant scaled operations, with EBITDA of €34 million showing improving unit economics
  • Cabify employs 4,242 total employees across its operations, indicating substantial organizational infrastructure
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Recent developments

Material events tracked by the AskCyborg corpus.

  • August 2022Merged with Movo, expanding mobility service offerings
  • May 2025Reported 2024 financial results showing €759 million revenue and €34 million EBITDA
  • +1 moreTrack every material event for Cabify as it happens. Explore monitoring →
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

UberGlobal ride-hailing and mobility platform→CareemRide-hailing service operating in Middle East, South Asia, and parts of Latin America→OlaIndian ride-hailing and electric vehicle company→LyftNorth American ride-hailing platform→

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Industry context

Cabify operates in Transportation and Logistics. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Cabify do?+
Cabify was founded in 2011 and was Spain's first Unicorn company. The company operates via a platform to connect customers and private drivers using a mobile app and website, taking a commission of around 20%. Cabify ...
What is Cabify's Cyborg Score?+
Cabify has a Cyborg Score of 7/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Cabify's main competitors?+
Named competitors include Uber, Careem, Ola, Lyft. The full competitive landscape is in the AskCyborg report.
How can I get the full Cabify research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Cabify research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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More Transportation and Logistics research

Companies in the same sector and named competitors, ranked by Cyborg Score.

7TFI International Inc.6Budget Saudi (United International Transportation Company)6Nishi-Nippon Railroad Co., Ltd.5Batic Investments and Logistics Company8Uber Technologies, Inc.6Lyft, Inc.