Grab

Grab

Grab is Southeast Asia’s leading ride-hailing platform. They solve critical transportation challenges and make transport freedom a reality for 620 million people in Southeast Asia.

About Grab

Grab is Southeast Asia’s leading ride-hailing platform. They solve critical transportation challenges and make transport freedom a reality for 620 million people in Southeast Asia.
Grab offers a wide range of services through one mobile app:

GrabTaxi: Book a budget or premium taxi from Southeast Asia’s largest network of drivers.
GrabCar: Ride in comfort in a private car and pay a fixed fare that is agreed upfront.
GrabBike: Get around the city in simply the quickest way possible.
GrabExpress: Send your parcels and documents with a delivery service you can trust.
GrabHitch: Hitch a ride or give someone a lift with our carpooling community.

Grab currently operates in 30 cities in Singapore, Indonesia, Philippines, Malaysia, Thailand and Vietnam.

What We Believe In
Grab’s vision is to “Drive Southeast Asia Forward” by solving real world transport problems and liberating 620 million people of transportation inefficiencies.
We aim to do this by delivering on three missions:

Creating the safest transportation platform
Safety is paramount to us. We invest heavily in safety training for drivers, offline driver screenings, in-app safety features like number masking, personal accident insurance coverage, and safety education and partnerships with the government. Our belief is that an app-based transportation platform with the right investment can become the safest form of transportation in Southeast Asia.

Making transportation accessible to all
Our goal is to make transportation accessible at all times, all locations and at all price points. We believe that door-to-door transportation should be a right for every Southeast Asian, regardless of income, special needs, age or location.

Improving the lives of our partners
We believe that a sustainable business is not just one that turns a profit, but also one that improves the lives of the people it touches – passengers, drivers, employees, governments and broader society.

Team

Funding

INVESTOR
STAGE
AMOUNT
DATE

United States of America

Round: Venture Round
Round Size: US$300M
Date: Jun 2019

United States of America

Round: Series H
Round Size: US$1,450M
Date: Mar 2019
Round: Venture Round
Round Size: US$50M
Date: Nov 2018
Round: Venture Round
Round Size: US$200M
Date: Oct 2018

United States of America

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Round: Venture Round
Round Size: US$1,000M
Date: Aug 2018
Undisclosed

Round: Debt
Round Size: US$700M
Date: Oct 2017

China

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Round: Venture Round
Round Size: US$2,000M
Date: Jul 2017
Undisclosed

Round: Venture Round
Round Size: Undisclosed
Date: Dec 2016

United States of America

Round: Venture Round
Round Size: US$750M
Date: Sep 2016
Round: Series E
Round Size: US$350M
Date: Aug 2015

United States of America

Round: Series D
Round Size: US$250M
Date: Dec 2014
Round: Series C
Round Size: US$65M
Date: Oct 2014

China

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Round: Series B
Round Size: US$15M
Date: May 2014

Singapore

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Round: Series A
Round Size: Undisclosed
Date: Apr 2014

Previous Investments

COMPANY
ROUND
ROUND SIZE
DATE
Round: Series A
Round Size: US$8M
Date: Jun, 2019
Round: Venture Round
Round Size: US$15M
Date: Sep, 2017
Round: Acquisition
Round Size: -
Date: Jan, 2017