Hailo has raised over $100M from the best investors anywhere, including Union Square Ventures, Accel Partners, Wellington Partners, Atomico Ventures and Sir Richard Branson.
In March 2011, the company raised $3 million (£1.9 million) in seed funding from Atomico and Wellington.
Hailo raised $17 million in Series A financing in early 2012, one of the largest recent first round financings in Europe. Global venture capital firm Accel Partners (‘Accel’), which has invested in a number of global consumer companies including Facebook, Groupon, and Kayak, led the fundraising, building on its model of identifying and investing in innovative technology-focused businesses.
Hailo's $30.6 million Series B investment was led by USV and closed in early 2013. In addition to follow on funding from current investors, USV was joined by new investors Phenomen Ventures and Sir Richard Branson among others.
In late 2013 and early 2014, Hailo was able to add another $50 million in funding from a group of Asian investors to expedite growth in the more than 20 cities in which we operate, ensuring that we have sufficient financial firepower to continue to develop and to expand our services across the multiple global markets which the business now serves.