Zeelo Secures US$23 Million Series B Funding to Drive AI-Powered Growth
Deal News | Jun 25, 2025 | Taylor Wessing
Taylor Wessing advised Zeelo, a transportation-as-a-service provider, on securing US$23 million in Series B funding. The capital infusion is aimed at scaling Zeelo's AI-powered platform and accelerating its growth in the North American market while reinforcing its presence in the UK and Ireland. Zeelo, which has shown impressive revenue growth and profitability, offers commuter transportation services through a network of over 650 vetted operators with access to 10,000 vehicles. The new funding will also help enhance their virtual transportation management capabilities and expand autonomous vehicle partnerships. The funding round was led by Blue Earth Capital with support from Direttissima Growth Partners and Peter Bauer's family office. Taylor Wessing provided comprehensive legal support for the transaction, with key partners and associates contributing to the effort.
Sectors
- Transportation
- Artificial Intelligence
- Private Equity / Venture Capital
Geography
- United States – The funding is aimed at accelerating growth in the North American market, making the United States a key geographical focus.
- United Kingdom – Zeelo has achieved profitability in the UK & Ireland markets and aims to strengthen its market share there, highlighting the UK's importance geographically.
Industry
- Transportation – The article revolves around Zeelo's transportation-as-a-service model, focusing on commuter transport solutions using a large network of vehicles.
- Artificial Intelligence – Zeelo's growth strategy prominently involves the use of AI technology to enhance transportation management and operational efficiency.
- Private Equity / Venture Capital – The funding activity discussed in the article involves venture capital investment from companies like Blue Earth Capital, thus falling under this industry classification.
Financials
- US$23 million – The amount raised by Zeelo in its Series B funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Zeelo | Target Company | Company | A transportation-as-a-service provider that leverages AI technology for commuter transport solutions. |
| Taylor Wessing | Legal Advisor | Company | The law firm that advised Zeelo on the Series B funding transaction, providing legal support. |
| Blue Earth Capital | Lead Investor | Company | The leading investor in Zeelo's $23 million Series B funding round. |
| Direttissima Growth Partners | Investor | Company | A venture partner participating in Zeelo’s $23 million Series B funding. |
| Peter Bauer's Family Office | Investor | Company | Part of the investor group in Zeelo's Series B funding round. |
| Howard Palmer | Corporate Partner at Taylor Wessing | Person | Led the legal team at Taylor Wessing in advising Zeelo. |
| Sam Ryan | CEO of Zeelo | Person | CEO of Zeelo, commenting on the strategic impact of the funding. |