GO Inc. completes 10 billion yen funding round from Goldman Sachs.
Summary
GO Inc. completed a 10 billion yen Series D funding round led by Goldman Sachs, with an additional 4 billion yen committed line of credit from Japanese banks. The company runs the taxi app GO and says it will use the capital to expand its platform, improve functionality, and advance next-generation mobility services. GO says the app has reached 14 million downloads and is available across 43 prefectures in Japan. The funding reflects investor confidence in the company’s mobility software platform and gives GO more room to scale its products and operations.
Funding
Amount
$71.4M
Total raised
Date
May 24, 2023
Announcement date
Investors
Goldman Sachs, MUFG Bank
Lead investors
Company
goinc.jp
Funded company
Classifications
industries
Transportation Industry
applications
Transportation, Logistics & Inventory
AskAI Classifications
Labels
No AI classifications detected