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The Venture Codex

GO

Azabudai Hills Mori JP Tower 23rd floor 1-3-1 Azabudai, Minato, Tokyo, 106-0041, Japan

Overview

Go operates in Japan's mobility sector from Tokyo and is led by President Hiroshi Nakajima. Its core offerings include the GO taxi-hailing application, GO BUSINESS for corporate taxi services, DRIVE CHART for traffic accident reduction support, and GX decarbonization services. The company says it will use newly raised funds to expand operations and broaden its business reach. Backers in the latest financing included Fidelity International and Ryobi Group. In May 2023 Go previously raised 10.0 billion yen (approximately $75m) via a third-party allotment of shares to Goldman Sachs in a Series D round. The article does not disclose operating metrics or the exact size of the most recent raise. GO Inc. offers a taxi-hailing application called GO and various IT services aimed at updating Japan's mobility industry. The company reports 14 million downloads of its app and serves users throughout Japan. GO's stated mission is "Empowering Happiness through Mobility," and it aims to address societal issues within the mobility sector. The company plans to use newly raised funds to expand system infrastructure, improve application functionality, and develop next-generation businesses stemming from the mobility industry. Head office is in Minato-ku, Tokyo, and Hiroshi Nakajima serves as president. Financially, GO completed an equity Series D capital increase of JPY10.0 billion and secured JPY4.0 billion in bank commitment lines to support its growth plans.

Total raised
$101M
Funding rounds
3
Latest round
Debt Financing
Latest activity
May 2023

Industries

  • Automotive
  • Taxi Service
  • Transportation
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Recent funding

  1. Debt Financing

    May 2023

    $29M

Team

No current team members are available.