Gett secures £11m Series F funding from Pelham Capital to accelerate software development and international expansion.
The company completed its latest raise from Pelham Capital and existing backers to extend a $100m round announced last year.
Gett operates a global B2B ground travel software platform that consolidates ride-hailing services and corporate fleets into a single system. The technology manages booking, riding, invoicing, and analytics for corporate clients.
Gett has completed an £11m Series F follow-on investment round, bringing its total recent funding to $115m. The latest injection was backed by Pelham Capital alongside existing investors to accommodate fresh interest in the business.
The proceeds are earmarked for accelerating the development of the company software platform and supporting its global expansion strategy. The raise follows a period in which Gett finished 2020 operationally profitable and on budget despite challenging conditions in the broader travel sector.
From the founder
"It has been an incredibly difficult period for the travel sector but we are pleased to have finished 2020 operationally profitable and on budget."
Dave Waiser
Chief Executive Officer at Gett
Use of funds
- 01Continue product development
- 02Expand into international markets