Type Private company Number of employees 130 (2016) Founder Shahram Shahkar | Headquarters Tehran, Iran Website snapp.ir Founded 28 February 2014 | |
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Industry Technology, Transportation | ||
Snapp is a ride-hauling company from Tehran, Iran. Snapp launched in February 2014 under the name Taxi Yab, but change its name due to legal issues. Users can request a taxi cab via the iOS or Android app and via their website. The price of the trip is set beforehand, to eliminate haggling. Snapp commissions drivers upon completing a background check, and showing a valid drivers license and insurance.
Currently Snapp only operates in Tehran, although they are looking to expand to new cities, and may even seek to expand internationally.
TechCrunch announced on October 9, 2016 that it had received a $20 million investment in a Series A round led by MTN Group, a South-African multinational. Shahram Shahkar, the CEO of the company said that the company now employs 10,000 drivers but did not disclose any revenue numbers.