Uber

Connecting riders with private drivers and taxi drivers.

Launch date

Mar 2009

Employees

10001+ people

Market cap

Enterprise valuation

$157.1b (Public information from Sep 2024)

San Francisco California (HQ & founding location)

https://www.uber.com/

https://twitter.com/uber https://www.facebook.com/uberuki https://www.linkedin.com/company/uber-com/https://apps.apple.com/app/id368677368 https://play.google.com/store/apps/details?id=com.ubercab&hl=en&gl=US

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	11.1b	17.5b	31.9b	37.3b	43.4b	50.1b	57.8b
% growth	(21 %)	57 %	83 %	17 %	16 %	16 %	15 %
EBITDA	(4.2b)	(2.8b)	(745m)	2.2b	6.4b	8.4b	11.0b
% EBITDA margin	(37 %)	(16 %)	(2 %)	6 %	15 %	17 %	19 %
Profit	(6.8b)	(496m)	(9.1b)	1.9b	2.2b	4.7b	6.3b
% profit margin	(61 %)	(3 %)	(29 %)	5 %	5 %	9 %	11 %
EV / revenue	8.1x	5.0x	1.7x	3.5x	3.6x	3.0x	2.5x
EV / EBITDA	-21.7x	-30.7x	-72.8x	58.9x	24.4x	17.8x	13.0x
R&D budget	2.2b	2.1b	2.8b	3.2b	-	-	-
R&D % of revenue	20 %	12 %	9 %	8 %	-	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
-	GV Travis Kalanick Garrett Camp Craft Ventures Jack Abraham TEV Ventures SignalFire Cota Capital 137 Ventures Fort Ross Ventures Level Ventures Times Bridge Structure Capital HOF Capital Eastlink Capital K2 Global BOND Doug Imbruce Kapor Capital Jose Marin MicroVentures Ventura Capital Institutional Venture Partners FJ Labs Quiet Capital Coatue Management Fidelity Investments EQUIAM Aaron Krane Shawn Jay-Z Carter Benchmark Capital Lowercase Capital Menlo Ventures Bezos Expeditions	N/A	-
2014	N/A	$1.2b	Series D
Dec 2014	Baidu	$600m	Series E
Jan 2015	Goldman Sachs	$1.6b	Convertible
Feb 2015	Lead Edge Capital Foundation Capital Cercano Management Square Peg Capital Times Internet Dinesh Moorjani HDS Capital Brand Capital Sway Ventures Glade Brook Capital Partners Light Street Capital Management	$1.0b Valuation: $40.0b	Series E
Jul 2015	Microsoft AppWorks 408 Ventures The Times Group MSA Capital All Blue Capital	$1.0b Valuation: $50.0b	Series F
Aug 2015	Tata Capital	$100m	Growth Equity VC
Sep 2015	Baidu	$1.2b	Growth Equity VC
Dec 2015	Tiger Global T. Rowe Price	$2.1b Valuation: $62.5b	Growth Equity VC
Jan 2016	Baidu CBC Capital CITIC Securities China Life Insurance Haas Portman China Minsheng Bank China Taiping Insurance China Vanke Guangzhou Automobile Industry Group HNA Group	$2.0b	Growth Equity VC
Feb 2016	LetterOne	$200m	Growth Equity VC
May 2016	MoneyTime Ventures	N/A	Series G
Jun 2016*	Public Investment Fund (PIF)	$3.5b Valuation: $62.5b	Secondary
Jul 2016	Barclays Citi Morgan Stanley Goldman Sachs	$1.2b	Debt
Apr 2017	G Squared Axel Springer Digital Ventures	N/A	Late VC
Jan 2018	SoftBank	$1.3b Valuation: $69.0b 8.7x EV/LTM Revenues -19.2x EV/LTM EBITDA	Late VC
Jan 2018	General Atlantic TPG Sequoia Capital Tencent Dragoneer Investment Group Didi Chuxing Vision Fund	$7.7b Valuation: $48.0b 6.0x EV/LTM Revenues -13.4x EV/LTM EBITDA	Secondary
May 2018	TPG Altimeter Capital	$600m	Secondary
Aug 2018	Toyota Motor Corporation	$500m Valuation: $72.0b 9.1x EV/LTM Revenues -20.1x EV/LTM EBITDA	Late VC
Oct 2018	Tata Capital	$2.0b	Debt
Apr 2019*	SoftBank Toyota Motor Corporation Denso	$1.0b	Late VC
Apr 2019	PayPal	$500m Valuation: $78.8b 7.5x EV/LTM Revenues 33.0x EV/LTM EBITDA	Late VC
May 2019	N/A	$8.1b Valuation: $82.0b 7.8x EV/LTM Revenues 34.4x EV/LTM EBITDA	IPO
Jan 2020	BayPine	$29.9m Valuation: $82.0b 5.8x EV/LTM Revenues -10.4x EV/LTM EBITDA	Post IPO Debt
Sep 2020	N/A	$500m Valuation: $82.0b 5.8x EV/LTM Revenues -10.4x EV/LTM EBITDA	Post IPO Debt
Nov 2023*	N/A	$1.2b	Post IPO Convertible
Total Funding		$15.8b