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Migo Raises Series A Funding

August 14, 2018

by Jeff Warren

Last week we pulled back the curtain on some big news (at least we think it’s big). Not only did Migo turn 1 as a publicly available app (!!), but we’ve gotten help from some great investors who share our belief that the future of transportation is shared, multi-modal, convenient, clean and fun. We all believe that the best way for people to get the most out of this future is to have an app that helps them discover and use the best option for them whether they’re going meters or miles - and that’s what Migo is made for!

We’re are incredibly excited to share that we’ve raised $9 million from some really amazing investors, including Enterprise Holdings Inc, Hyundai Motor Company, Thayer Ventures, B37, Via-ID, and more! What’s so inspiring is that great companies in the automotive industry are so excited by our mission: to help people discover the best new ways to get from A to B. This doesn’t always mean the cheapest way (though sometimes it does). Or the fastest way. We travel around cities ourselves every day and we know that the “best way” changes from situation to situation. We’ve taken the light rail in Seattle or BART in the bay area one day and then enjoyed commuting back in a Car2Go for half the price and twice the fun (yes, we have discovered sports mode). On sunny days in our home town, we’ve booked bikes and ridden from farmers markets to have weekend picnics (Gasworks Park, anyone?). Of course, we’ve taken Ubers, Lyfts and taxis around town, too. Each time, the ride we took was the best ride for us in that moment.

So what are we going to do with the funding? It’s pretty simple: we’re going to invest in creating the best ride discovery experience on Earth! This means adding more great partners and new product features so people can continue to find the best ride for them in every city, so we can keep delighting people with new options or re-connecting them to options they’ve used before. We’re also going to increase our marketing, so we can help even more people discover the best way to compare what you know and discover brands and modes you don’t know yet - all on one app. If you see Migo at your local farmers market or a tailgate please come say “hi” and tell us how we’re doing. We love talking to people. Migo works best when we hear how you want to get from A to B and how we can make your life easier and better.

We’re also going to be continuously improving our app to make it an even better experience for you. You’ve let us know what you’d like to see and we’re busy building an app that will give you relevant options anywhere on earth you happen to be . We’re not there yet, but that’s where we aspire to be as fast as we can - and we’ll keep you posted along the way!

If you’ve got a request, a complaint, and idea - please email us at feedback@getmigo.com. We read and take note of every email. And… we appreciate you helping us spread the word about Migo!