Zeelo Secures $23 Million to Propel Transportation-as-a-Service Expansion
LONDON and BOSTON — June 24, 2025 — In a significant leap forward for the mobility sector, Zeelo, a prominent Transportation-as-a-Service (TaaS) provider targeting workplaces and educational institutions, has completed a $23 million Series B funding round. The financing, spearheaded by the impact investor Blue Earth Capital, also saw involvement from existing stakeholders, including Direttissima Growth Partners and Peter Bauer’s family office. This strategic infusion aims to bolster Zeelo’s leadership in the UK and Ireland while accelerating expansion into North American markets.
Funding Career Highlights: A Leap Towards Sustainable Growth
The latest funding round underscores the growing investor confidence in Zeelo’s mission and potential. The newly acquired funds will fortify the company’s market position and facilitate the enhancement of its proprietary routing software and an AI-driven transport management platform. Following the successful acquisition of Kura, a UK competitor, in 2024, Zeelo is gearing up for more strategic mergers and acquisitions.
Zeelo at a Glance: Bridging Mobility with Corporate Needs
Zeelo focuses on providing daily commuting solutions that mitigate employee turnover while also addressing carbon footprint concerns. With a robust network encompassing over 650 vetted third-party operators and access to more than 10,000 vehicles, Zeelo services some of the largest employers globally, including Amazon, Barclays, and UPS. Impressively, Zeelo has registered over 175% year-on-year revenue growth in North America, demonstrating its effective business model, which is complemented by a profitable setup in its core markets of the UK and Ireland.
Revolutionizing Commuting: AI-Powered Operations
At the heart of Zeelo’s offering lies its AI-driven virtual transportation management system. This cutting-edge software automates essential functions like route optimization, incident management, and customer support. This not only amplifies operational efficiency but also significantly enhances the overall customer experience. The company’s human-centric approach ensures that technology seamlessly integrates with personal touchpoints, maintaining Zeelo’s high service standards.
A Vision for Sustainable Transportation
Highlighting the company’s dedication to sustainable practices, Sam Ryan, Co-Founder and CEO of Zeelo, stated, “Our mission is to empower opportunity through sustainable transportation.” He emphasized that the recent investment will help scale their impact, providing inclusive mobility solutions while minimizing CO₂ emissions. This aligns with Zeelo’s objective to connect underserved communities to vital work and educational opportunities.
Riding Towards a Greener Future
Over the past year, Zeelo successfully facilitated over 7 million rides, contributing to a significant reduction in greenhouse gas emissions. Impressively, 10% of trips in the UK were accomplished using fully electric vehicles, while the company continues to offset emissions for its other remaining services.
Vertical Integration: The Road Ahead
Zeelo is pioneering the future of shared transportation by adopting a vertically integrated model. This unique approach combines advanced TaaS software, professional fleet partnerships, and dedicated virtual operations centers. This model effectively supports various transit programs, including daily commuting, school runs, campus shuttles, corporate events, and peer-to-peer vanpooling.
Strategic Partnerships and Future Plans
The 2025 appointment of Fraser Cameron as CFO and James Winn as CRO marks a commitment to enhancing commercial strategies and mobility partnerships. Operating from Zeelo’s Boston office, these professionals will spearhead efforts to ensure profitable scaling across North America and the exploration of new customer segments.
Pioneering AI-Integrated Mobility Solutions
Looking ahead, Zeelo aims to further harness the power of AI to simplify mobility for all stakeholders—customers, riders, operator partners, and drivers alike. Future plans involve deeper industry integrations with electric and autonomous vehicle technologies, as well as enhanced self-service capabilities.
Environmental Commitment: A Core Tenet
The partnership with Blue Earth Capital, which emphasizes reducing greenhouse gas emissions and democratizing access to transportation, reflects Zeelo’s core commitment to environmental stewardship. Kayode Akinola, Head of Private Equity at Blue Earth Capital, acknowledged Zeelo’s pioneering efforts in shifting commuting patterns from individual cars to shared bus services, which align with the company’s electrification theme.
Objective of Community Empowerment
Zeelo’s overarching ambition to minimize single-occupancy vehicle usage while actively promoting shuttle fleet electrification is evident in its operational model. By facilitating improved access to work and education for communities, Zeelo generates measurable environmental impact while fostering community ties.
A Trusted Partner for Global Mobility Solutions
Zeelo stands out in the TaaS landscape, offering essential mobility solutions tailored to both employees and students in the US and the UK & Ireland. With a focus on reliability and sustainable practices, the company capitalizes on its asset-light technology platform to ensure safety and efficiency.
Community Engagement Through Effective Transportation Solutions
Employing a network of over 650 screened operator partners and more than 10,000 vehicles, Zeelo provides comprehensive shuttle services. This model not only drives down transportation costs but also improves employee retention and overall access to reliable commuting options.
A Vision for the Future: Towards Global Expansion
As Zeelo embarks on this transformative journey, the company’s leadership remains committed to enhancing operational strategies and exploring innovative avenues. With focused efforts on global expansion, Zeelo is poised to redefine shared transportation in the coming years.
Conclusion: The Future of Mobility is Here
With its recent funding and strategic initiatives, Zeelo is not just addressing current transportation challenges but is also paving the way for a more sustainable and inclusive future. As the company continues to innovate and expand, it stands as a beacon for how technology can empower communities while reducing environmental impact. By prioritizing both operational efficiency and customer satisfaction, Zeelo has set itself on a path to redefine the landscape of shared mobility in both existing and new markets.
