London-based Zeelo, a smart bus platform that designs, manages and optimises transport programmes for organisations, announced that it has secured $14M (approximately €12.82M) in a Series A round of funding.
Sam Ryan, co-founder of Zeelo, says, “As a founder, closing a funding round doesn’t feel like many think it does. Fundraising processes are long, arduous and distracting. The first thing you want to do is get back in the business and to aim higher; instead of stepping back, celebrating and reflecting on what’s been achieved and what we’ve learned.”
Zeelo says it will use the money to accelerate its operations, expand its team, and introduce new technology products.