Hyundai Backs Ride-Finding App Migo

The Drive – September 10, 2018

Migo, an app that connects users with multiple types of transportation services, has raised $9 million in Series A funding, according to a company press release. Among the new investors are rental giant Enterprise and Hyundai, which is investing through its CRADLE (Center for Robotic-Augmented Design in Living Experiences) venture-capital arm. Launched in September 2017, Migo acts as a clearing house for transportation services. Users can access ride-hailing services Uber and Lyft, Daimler’s Car2Go car-sharing service, Lime bicycle and e-scooter rentals, as well as taxi cabs and public transportation, without switching apps. The company claims to have more than 80,000 users.

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