Hailo is a free smartphone app that allows passengers to get a taxi or licensed car quicker.


StateClosed
TypeSubsidiary
Parent CompanyDaimler
HQLondon, GB
Founded2011
Websitehailocab.com
Hailo was founded in 2011 and is headquartered in London, GB

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Key People/Management at Hailo

Gary Jackson

Gary Jackson

Co-Founder
Ron Zeghibe

Ron Zeghibe

Executive Chairman
Caspar Woolley

Caspar Woolley

Chief Operations Officer
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Hailo Office Locations

Hailo has offices in London, New York, Dublin, Singapore and in 2 other locations
London, GB (HQ)
Somerset House
New York, US
568 Broadway, 11th Floor
Show all (6)

Hailo Financials and Metrics

Summary Metrics

In total, Hailo had raised $163.7 m. Hailo is a subsidiary of Daimler

Hailo Revenue

Hailo's revenue was reported to be £4.36 m in FY, 2017
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

1.3m4.0m3.8m3.4m3.7m4.4m

Revenue growth, %

177%(5%)(12%)

Cost of goods sold

882.6k1.7m1.9m1.2m1.7m1.6m

Gross profit

396.9k2.3m1.9m2.2m2.0m2.8m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

60.9k409.8k354.0k632.0k710.0k2.5m2.5m

Accounts Receivable

21.7k332.0k186.0k427.0k397.0k281.0k

Current Assets

84.4k741.8k758.0k826.0k1.2m3.1m3.0m

PP&E

15.9m
GBPFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

(764.6k)(1.3m)(27.0k)(2.2m)(2.1m)8.0k(15.3m)

Cash From Operating Activities

(531.9k)(1.3m)391.0k(1.4m)(3.6m)

Cash From Financing Activities

592.7k1.7m(447.0k)1.7m3.7m

Net Change in Cash

60.9k348.9k(56.0k)278.0k78.0k
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Hailo Operating Metrics

Apr, 2013Y, 2014

Drivers

30 k60 k

Registered Users

400 k

Rides

3.60 m
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Hailo Online and Social Media Presence

Embed Graph

Hailo News and Updates

Israeli AI chipmaker Hailo raises $60 million, total funding $88 million

Israeli startup Hailo, which develops artificial intelligence chips, said on Thursday it raised $60 million in a funding round, bringing its total financing to date to $88 million.

Hailo raises $60M Series B for its AI chips

Israeli AI chipmaker Hailo today announced that it has raised a $60 million Series B funding round led by its existing investors, who were joined by new strategic investor ABB Technology Ventures, the venture arm of the Swiss-based multination ABB, NEC Corporation and Londons’ Latitude Ventures. The…

Hailo raises $60 million to accelerate the launch of its AI edge chip

Hailo, a startup developing hardware to accelerate AI inferencing at the edge, has raised $60 million to accelerate the rollout of its chip -- Hailo-8.

Deep learning chip startup Hailo raises $60M round

Israeli computer chipmaker Hailo Technologies Ltd. is poised to make a splash in the artificial intelligence world after landing a hefty $60 million funding round for its deep learning hardware today. The Series B round was led by existing investors with participation from ABB Technology Ventures, …

Israeli chipmaker Hailo secures $60 million in Series B funding for its ‘deep learning processor’

Chipmaker Hailo, started by members of the Israel Defense Forces’ elite technology unit, has raised $60 million in Series B financing in a round led by its existing investors. The round brings Hailo’s total raised to $88 million, and adds a number of investors to its roster, including ABB’s Technolo…

Hailo Frequently Asked Questions

  • When was Hailo founded?

    Hailo was founded in 2011.

  • Who are Hailo key executives?

    Hailo's key executives are Gary Jackson, Ron Zeghibe and Caspar Woolley.

  • What is Hailo revenue?

    Latest Hailo annual revenue is £4.4 m.

  • Who are Hailo competitors?

    Competitors of Hailo include Uber, Lyft and Juno.

  • Where is Hailo headquarters?

    Hailo headquarters is located at Somerset House, London.

  • Where are Hailo offices?

    Hailo has offices in London, New York, Dublin, Singapore and in 2 other locations.

  • How many offices does Hailo have?

    Hailo has 6 offices.