Enterprise Invests in On-Demand Ride Servicing App
The investment from Enterprise’s venture capital arm, Clayton Venture Partners, will help Migo expand discovery services for consumers and its transportation partners: Uber, Lyft, Car2Go, Lime, and Yellow Cab.
After launching in September 2017, Migo became the first app to offer customers the ability to discover and hail multiple modes of transportation through a single platform.
Photo courtesy of Migo.
Enterprise Holdings Inc. was one of several investors to provide $9 million in Series A funding to the on-demand ride servicing app Migo.
The investment from Enterprise’s venture capital arm, Clayton Venture Partners, will help Migo expand discovery services for consumers and its transportation partners: Uber, Lyft, Car2Go, Lime, and Yellow Cab.
Since launching in September 2017, Migo has become the first mobile app to offer customers the ability to discover and hail multiple modes of transportation through a single platform.
“We see this as a strategic investment in an innovative company that’s providing real value to consumers in a crowded mobility marketplace,” Enterprise Holdings President and Chief Executive Officer Pamela Nicholson said in a statement. "We are pleased to support Migo, and its cutting-edge MaaS app, so that more and more customers will be able to identify and book multiple modes of ground transportation with minimal friction."
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