TaxiBeat
TaxiBeat
" TaxiBeat uses the mobile technology to connect taxi drivers and passengers in the same way that Google AdWords connects advertisers and Internet users: taxi drivers advertise their location and availability to nearby passengers who are searching for a taxi using their smartphone. If a passenger selects and calls a driver, then TaxiBeat gets a commission from the driver "
In a nutshell
Initially available on the iPhone, TaxiBeat will allow passengers to see the exact location of nearby taxis, to hail one with the touch of a button, and leave feedbackabout their experience with the driver. With the TaxiBeat iPhone app for drivers,any taxi driver will be able to join the TaxiBeat fleet and find customers while on the road. TaxiBeat lets individual cab drivers who have GPS-enabled smartphones advertise their location to the smartphone maps of its users.
TaxiBeat is poised to quickly gain traction in the Athens taxi market, then expand to Thessaloniki, and then other European cities. Medium term, TaxiBeat aspires tobecome the payment platform for the taxi business using NFC mobile technology.
The Team
The TaxiBeat team is 3 strong, consisting of Nick Drandakis (focusing on business development, marketing management, project management), Nick Damilakis (mobile app developer and technical director), and Kostis Sakkas (web services developer). Nikos Drandakis and Kostis Sakkas have worked together in various web projects for the last 4 years, with the most prominent being the development of sync.gr, a Greek social networking website. Nick Drandakis and Nick Damilakis are close friends for the last 2 years.

Latest blog posts
What a year 2013 has been for Openfund! - First things first, our Openfund I portfolio has progressed nicely: YouScan has matured to a solid SaaS business, we had a small exit with Imagga and Taxibeat just announced its latest $4 million round by Hummingbird. - We launched Openfund II back in December 2012. Since… Continue reading...
12/30/2013
Press Release: Taxibeat, a Greek-based mobile start-up leveraging mobile technology to simplify and improve the taxi-hailing experience, is again revving its engines with a new $4 million (USD) funding round. The funding from venture capital fund Hummingbird Ventures will be used to … Continue reading →
12/20/2013
Today, we are launching our largest market to date. We are immensely happy & proud; as of today, Taxibeat Mexico is officially on. To give some context to those not in-the-know: Mexico City is a vast metropolis of +20M people … Continue reading →
7/15/2013
January was a good month for Taxibeat. There’s people sharing the love all over the globe, we are breaking all sorts of records in terms of daily rides and… we ‘ve got a new version in the market. Welcome to … Continue reading →
1/28/2013
Will 2013 be the year of the startup here in Greece? There are reasons to hope so. After years of events, discussions, brainstorming and prototyping, many teams seem to be on the cusp of starting real businesses. The funding bottleneck for IT-based ventures has now been removed, as four new early-stage funds are at last… Continue reading...
1/2/2013
The Openfund is eager to announce a new funding round for Taxibeat. The round, in the form of a €0.5 million convertible note, is contributed by a syndicate of 7 both existing and new investors to the company. 15 months after the initial Openfund seed round and 8 months after the previous angel round of… Continue reading...
8/28/2012
Our vehicle of choice for the investments Openfund leads is a relatively new company type under Greek law titled “Private...
11/20/2014
Tablets and smartphones have built-in sensors that few people know about, and even fewer use to full effect. Yet you...
11/19/2014

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