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 ...
Cyborg Score thesis
Established regional mobility leader with strong revenue but modest profitability; positioned for steady growth in Spanish and...
Read the full analyst-debate transcript →Get the Latest Cabify Report
Up-to-date AI-powered research, analyst debate audio & saved-company playlists
Get Current Report FreeCabify Overview
Pro stress-test →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
Pro stress-test →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
Pro stress-test →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)