Tech Company Financing Transactions
REEF Technology Funding Round
REEF Technology closed a $700 million financing round on 11/4/2020. Backers included Mubadala and SoftBank Group.
Transaction Overview
Company Name
Announced On
11/4/2020
Transaction Type
Venture Equity
Amount
$700,000,000
Round
Undisclosed
Investors
SoftBank Group (Michael Ronen)
Proceeds Purpose
The money will be used to scale from its roughly 4,800 locations to 10,000 new locations around the country and to transform the parking lots into neighborhood hubs.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
601 Brickell Key Dr.
Miami, FL 33131
USA
Miami, FL 33131
USA
Phone
Website
Email Address
Overview
We transform underutilized urban spaces into neighborhood hubs that connect people to locally curated goods, services, and experiences. With an ecosystem of 4,500 locations and a team of 15,000 people, REEF is the largest operator of mobility, logistics hubs, and neighborhood kitchens in the United States, Canada, and has a growing presence in Europe.
Management Team
Title
Name
Email & Social
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