Liftago CZ, s.r.o.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Liftago CZ, s.r.o. - overview
Established
2012
Location
Prague, -, Czech Republic
Primary Industry
Transportation Services
About
Liftago CZ, s. r. o. is a transportation company that provides on-demand taxi and delivery services through its mobile app, ensuring quick and effective solutions for both individuals and businesses.
Liftago CZ, s. r. o. was founded in 2012 and is headquartered in Prague, Czech Republic.
The company specializes in taxi and delivery services, leveraging technology to streamline transportation solutions. It has undergone strategic developments, including a recent investment from Livesport s. r. o.
in January 2019. The firm was co-founded by Juraj Atlas, Martin Hausenblas, and Ondrej Kratky, with Ondrej Kratky currently serving as CEO. The company has secured a total of USD 1. 20 mn in funding, with its most recent deal occurring on January 22, 2019.
Liftago's core offerings encompass a comprehensive taxi and delivery service, designed to provide customers with swift and reliable transportation solutions. The Liftago app allows users to book taxis or couriers seamlessly with just a few clicks, ensuring that both riders and parcels are dispatched within minutes. The service operates in 15 cities, catering to a diverse clientele that includes individual consumers and corporate clients. By facilitating easy access to transportation, Liftago addresses common challenges associated with travel and parcel delivery, such as safety, comfort, and time efficiency.
Additionally, customers can choose drivers based on various criteria, including price, arrival time, and ratings, while also selecting vehicle types that meet specific needs, such as electric cars or those equipped with child seats. Liftago generates revenue primarily through its taxi and courier services, operating on a pay-per-ride model that directly connects consumers with verified drivers. In 2023, the company's revenue amounted to USD 8. 54 mn, with an EBITDA of USD -115,455.
9. Customers can opt to pay via cash, card, or invoice, particularly for corporate clients. The transaction structure is designed to ensure clarity and convenience, allowing users to enjoy a straightforward booking experience without the need for prior registration. While specific pricing plans are not disclosed, the company offers services tailored for both individual users and corporate accounts, fostering a flexible approach to transportation and delivery.
Liftago aims to introduce new product features and enhancements to its app to improve user experience in the upcoming period. The company is also considering expansion into additional markets across Europe by 2025, targeting key cities that show significant demand for transportation services. The recent funding of USD 1. 20 mn will be utilized to support these growth initiatives, enhancing service capabilities and promoting market entry strategies.
Current Investors
Incomming Ventures, Leverage Technology
Primary Industry
Transportation Services
Sub Industries
Car Hire Services
Website
www.liftago.com
Verticals
Mobile Apps
Total Amount Raised
Subscriber access only
Liftago CZ, s.r.o. - financials
| Fiscal Year Ended | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | 5,649,000 | 75,319,000 | 113,020,000 | 104,234,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | 1233.3% | 50.1% | (7.8%) | - | - | - |
| EBITDA (USD) | (1,425,000) | (375,000) | (1,188,000) | - | 87,229,000 | (6,114,000) | (12,462,000) | (13,743,000) | - | - | - |
| Operating Income (USD) | (1,425,000) | (375,000) | (1,700,000) | - | 87,229,000 | (10,518,000) | (18,717,000) | (13,803,000) | - | - | - |
| Operating Margin | - | - | - | - | 1544.1% | (14.0%) | (16.6%) | (13.2%) | - | - | - |
| % EBITDA Margin | - | - | - | - | 1544.1% | (8.1%) | (11.0%) | (13.2%) | - | - | - |
| NET Income (USD) | (1,425,000) | (663,000) | (2,357,000) | - | 85,261,000 | (12,841,000) | (20,330,000) | (14,063,000) | - | - | - |
| % Net Margin | - | - | - | - | 1509.3% | (17.0%) | (18.0%) | (13.5%) | - | - | - |

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.