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
- Website
- www.maxdrive.ai
- 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
Investors
Ranked
2nd among 56 active competitors
Employee Count
1,462 as on Sep 30, 2026
Legal entities associated with MAX
MAX is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MAX MOBILITY LIMITED CIN: 7909125 , United Kingdom, Active | Jan 12, 2012 | - | 4 (As on May 31, 2025) |
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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:
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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 |
View details of MAX's funding rounds and investors
MAX's founders and board of directors
Founder? Claim ProfileMAX's employee count trend
MAX has 1,462 employees as of Sep 26. Here is MAX's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Careem 2012, Dubai (United Arab Emirates), Acquired | App-based ride-hailing aggregator | $772M | 78/100 | |
2nd | App-based platform offering taxi-hailing services | $53M | 54/100 | ||
3rd | App-based ride-hailing and on-demand services | - | - | 42/100 | |
4th | Online ride-hailing platform | - | - | 36/100 | |
5th | App-based platform for intracity ridesharing services | - | 36/100 | ||
6th | App-based platform offering shared taxi-hailing services | - | - | 32/100 | |
7th | Transport and logistics service provider | - | - | 32/100 | |
8th | App-based ride-hailing platform | - | - | 31/100 | |
9th | App-based ride-hailing platform | - | - | 30/100 | |
10th | App-based platform offering taxi-hailing services | - | - | 30/100 |
Looking for more details on MAX's competitors? Click here to see the top ones
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.
•
•
Nigeria’s MAX raised $24 M to expand clean energy infrastructure and electric mobilityIncubees•Jan 23, 2026•Equitane, MAX, Triple Jump
•
Nigeria’s MAX Raises $24 Million to Scale EV Across West and Central AfricaTech Labari•Jan 16, 2026•Equitane, NovaStar, Endeavor, MaxMobility and 3 others
•
Nigerian mobility startup MAX unveils solar-powered battery swap stationDisruptafrica•Jul 31, 2025•MAX
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