Background
Founded in 2015 as a spinoff of the "Politecnico di Torino", Italy, and in collaboration with TaxiTorino, Wetaxi was the first application in Europe to introduce real-time shared taxi services, and the first in Italy to offer transparency through the Guaranteed Maximum Fare
Deal Summary
Wetaxi is the innovative startup that has been revolutionizing the taxi market in Italy since 2017. In 2018, the company raised growth capital through a blended financing approach combining debt and equity.
Intesa SanPaolo contributed debt capital while equity was collected through a club deal coordinated by Nash Advisory.
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