Wagram served as exclusive financial advisor to Allocab in its €25m fundraising from Neot Capital

Allocab is a French startup founded in 2011 that offers an online platform and mobile application for instant booking of private drivers and motorcycle taxis. Users can select their preferred vehicle based on criteria such as brand, model, driver rating, and available amenities like Wi-Fi access. The service is available in various French cities, including Paris, Marseille, Aix-en-Provence, Nice, Cannes, Toulon, and Monaco.
Allocab has also partnered with the French National Railway Company (SNCF) to provide door-to-door transportation services.This funding will finance the creation of a 550 Tesla Model Y fleet and the launch of the Vao Car offer: an all-in-one Tesla Model Y rental package, with insurance, maintenance and extended battery warranty included for drivers. By providing a fully integrated low carbon mobility solution, Allocab will support drivers in the transition to electric vehicles and support sustainable development corporates strategy.

Wagram Corporate Finance

Advised in the sale of

Allocab

to

Neot Capital

Services

MidCap Alliance