Uber Technologies has attracted its fair share of notable investors over the past 11 years, during which time it has raised more than $26 billion over 25 financing rounds. At its highest, the ride-sharing company that has since expanded into food delivery and commercial fleets was valued at $70 billion. It announced its initial public offering (IPO) on May 9, 2019, which was considered by many to be a flop.
In addition to stalwart Wall Street investment banks like Goldman Sachs and Morgan Stanley, and behemoth fund managers such as BlackRock, many angel investors were early to back the company during its launch phase. Co-founders Travis Kalanick and Garrett Camp also contributed seed money of their own, and now own about 8.6% stake and 6% stake respectively.
Overall, Uber has 105 investors, with 20 lead investors and SoftBank Vision Fund as the biggest investor. Here are the names of some of Uber's most notable investors, according to Crunchbase.
- Uber Technologies has raised more than $26 billion, over 25 rounds of funding.
- Uber's biggest investor is SoftBank Vision Fund, which has collectively invested $9.3 billion into the company.
- In addition to well-known investment banks like Goldman Sachs and Morgan Stanley, many angel investors backed the company early-on during its launch phase.
Biggest Investors in Uber
Early Round Investors
Adam Leber: Leber is an American entrepreneur, investor and talent manager, whose marquis clients include LSD, Labrinth, and Miley Cyrus.
Babak Nivi: Nivi is the founder of AngelList, an American website geared towards startups, job-seekers interested in working at startups, and angel investors.
Babak "Bobby" Yazdani: Yazdani is an Iranian-American venture capitalist and entrepreneur.
Robin Sloan Bechtel: The founder of Bechtel Ventures, a woman-run business that fosters partnerships between Hollywood movie studios and social media channels, Bechtel provided $1.3 million in Uber's first money-raising round.
Cyan Banister: Banister is an American angel investor and entrepreneur. In addition to Uber, she also invested early in Postmates, Niantic, DeepMind, and SpaceX. She is also known as the co-founder of Zivity, an adult-themed social networking site.
Gary Vaynerchuk: Vaynerchuk is a Belarusian-American author, entrepreneur, and internet personality who launched Vayner Media, which provides social media strategy consulting services to Fortune 500 companies.
H.E. Yasir Al-Rumayyan: As the managing director of the Saudi Arabia Public Investment Fund, Al-Rumayyan owns about 5.4% of Uber. The Saudi Arabi government invested about $3.5 billion when Uber was still relatively young, and Al-Rumayyan also sits on the board of directors.
Jason Calacanis: Calacanis is an American blogger, internet entrepreneur, author, and angel investor.
Jeremy Stoppelman: Stoppelman is an American business executive and the CEO of Yelp.
Matt Cohler: Cohler reportedly owned about 11% of the company prior to Uber's IPO. A well-known venture capitalist, Cohler is a general partner at Benchmark Capital.
Khaled Helioui: Helioui is an angel investor in mobility, fintech, food, agritech, education, and healthcare companies.
Ryan Graves: Graves was widely considered to be "No. 2" at Uber, even briefly serving a period as CEO before settling into his role as Senior Vice President of Global Operations. He owned 1.9% of Uber after its IPO.
Other early Uber investors include Josh Spear, Alfred Lin, David Sachs, Dror Berman, Kevin Hartz, and Mike Walsh. The full list on Crunchbase can be seen here.
Later Round Investors
Some notable later-round investors include American rap star Shawn 'Jay Z' Carter, Amazon.com founder and CEO Jeff Bezos, as well as institutional investors such as Fidelity Investments, SoftBank, Tencent, and Axel Springer--the parent company of Business Insider.