Snapp (company)
 | |
| Private company | |
| Industry | Technology, Transportation |
| Founded | February 28, 2014 |
| Headquarters | Tehran, Iran |
Number of employees | 400 (2017) |
| Website |
snapp |
Snapp is a ride-hauling company from Tehran, Iran.[1] Snapp launched in February 2014 under the name Taxi Yab, but changed its name due to legal issues.[2] Users can request a ride via the iOS or Android app, by indicating their location and destination. The price of the trip is set beforehand, to eliminate haggling. Snapp commissions drivers upon completing a background check, and showing a valid drivers license and insurance before hiring them.
Currently Snapp operates in Tehran, Karaj, Shiraz and Esfahan. They are looking to expand to new cities, and may even seek to expand internationally.[3] They have also expanded their service to Karaj recently.
TechCrunch announced on October 9, 2016 that it had received a $20 million investment in a Series A round led by MTN Group, a South-African multinational.[4] According to Shahram Shahkar, the CEO of the company, Snapp now employs more than 50,000 active drivers and more than 400 personell (2017).
References
- ↑ "Snapp on Crunchbase". CrunchBase. Retrieved 11 October 2016.
- ↑ Azali, MohammadReza. "The Story Behind Snapp’s $22M Raise". TechRasa. Retrieved 11 October 2016.
- ↑ Bozorgmehr, Sharafedin. "Iranian dotcoms eye foreign investment, new customers after sanctions leftright 12/12leftright". REUTERS. Retrieved 11 October 2016.
- ↑ Bayrasli, Elmira. "With a €20 million Series A Snapp opens up ride-sharing in Iran". TechCrunch. Retrieved 11 October 2016.