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MAX - About the company

MAX is a series B company based in Lagos (Nigeria), founded in 2015. It operates as an App-based platform offering taxi-hailing services. MAX has raised $53M in funding. The company has 56 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Careem, Rida and Alpha 1.

Company Details

Registered Address
30 MARKET WAY,COVENTRY,UNITED KINGDOM,CV1 1DL
Key Metrics
Founded Year
2015
Location
Lagos, Nigeria
Stage
Series B
Total Funding
$53M in 4 rounds
Latest Funding Round
Ranked
Employee Count
1,462 as on Sep 30, 2026
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MAX's funding and investors

MAX has raised a total funding of $53M over 4 rounds. Its first funding round was on Jan 16, 2026. Its latest funding round was a Series B round on Oct 14, 2026 for $*****. 1 investor participated in its latest round. MAX has 6 institutional investors.

Here is the list of recent funding rounds of MAX:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 14, 2026
2231280
Series B
6317974
1948634
6451512
1241763
May 13, 2026
5321169
Conventional Debt
7568274
4056656
1287291
Jan 16, 2026
1461843
Conventional Debt
4431756
8947349
3765817
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MAX's founders and board of directors

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MAX's employee count trend

MAX has 1,462 employees as of Sep 26. Here is MAX's employee count trend over the years:
Employee count trend for MAX
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MAX's Competitors and alternates

Top competitors of MAX include Careem, Rida and Alpha 1. Here is the list of Top 10 competitors of MAX, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Careem
Careem
2012, Dubai (United Arab Emirates), Acquired
App-based ride-hailing aggregator
$772M
78/100
2nd
Logo for MAX
MAX
2015, Lagos (Nigeria), Series B
App-based platform offering taxi-hailing services
$53M
54/100
3rd
Logo for Rida
Rida
2020, Lagos (Nigeria), Unfunded
App-based ride-hailing and on-demand services
-
-
42/100
4th
Logo for Alpha 1
Alpha 1
2016, Nigeria, Unfunded
Online ride-hailing platform
-
-
36/100
5th
Logo for Pickmeup
Pickmeup
2017, Warri (Nigeria), Deadpooled
App-based platform for intracity ridesharing services
-
36/100
6th
Logo for LagosRide
LagosRide
2021, Lagos (Nigeria), Unfunded
App-based platform offering shared taxi-hailing services
-
-
32/100
7th
Logo for PamDrive
PamDrive
2016, Port Harcourt (Nigeria), Deadpooled
Transport and logistics service provider
-
-
32/100
8th
Logo for Dansahu
Dansahu
2019, Kano (Nigeria), Deadpooled
App-based ride-hailing platform
-
-
31/100
9th
Logo for Mykab
Mykab
2019, Lagos (Nigeria), Deadpooled
App-based ride-hailing platform
-
-
30/100
10th
Logo for FAANTaxi
FAANTaxi
2020, Abuja (Nigeria), Deadpooled
App-based platform offering taxi-hailing services
-
-
30/100
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MAX's Investments and acquisitions

MAX has made no investments or acquisitions yet.

Reports related to MAX

Here is the latest report on MAX's sector:

News related to MAX

Media has covered MAX for a total of 4 events in the last 1 year.
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FAQs about MAX

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