Transportation Startup Cabin Raises $3 Million
Cabin announced it has raised $3 million in seed financing. Eight investors participated in the round, including FF Angel, SV Angel, Floodgate Fund, Box Group, Investor, StartX, and FJ labs.
Cabin is a hospitality transportation company on a mission to “make the most of every waking and sleeping moment.” Cabin addresses what it refers to as America’s “500-mile problem,” in which regional travel up to 500 miles from home requires sacrificing an entire day, forcing people to take fewer trips without even knowing it. By consolidating transportation and accommodation into one simple and, ideally, delightful experience, Cabin’s one-of-a-kind moving hotel experience enables people to travel without travel time.
According to the company, the new round of funding will allow Cabin to scale operations both on a regional and national level.