Uber's Top Investors

Uber Technologies has had a wild ride in the past few months in the wake of many scandals and missteps. Those have weighed heavy on the company as its valuation plummeted to $48 billion, in the latest funding round, from a lofty $70 billion. But what would come as a much needed relief is a settlement between the company and Alphabet-owned self driving technology company Waymo. The latter had sued Uber for allegedly stealing trade secrets but has now agreed to settle for $245 million.

That would make Uber investors happy. Here’s a look at some names that have funded the company over the past nine years.

In addition to Wall Street’s biggest banks like Goldman Sachs, Morgan Stanley, and BlackRock, many ‘angel’ investors, who were early backers of Uber, helped launch the company. Co-founders Travis Kalanick and Garrett Camp also provided seed money. 

Notable names, according to Crunchbase, include Adam Leber, who was a talent manager for Britney Spears and Miley Cyrus, among others. Also on the list, Babak Nivi, founder of Angel List and Venture Hacks. Woman-run Bechtel Ventures also provided $1.3 million in Uber’s first money-raising round. Bechtel was founded by Robin Sloan Bechtel, a new media executive credited with marrying Hollywood and the Internet by fostering partnerships with studios and YouTube and Facebook. Another exception to the male-heavy investor list is angel investor Cyan Banister. Gary Vaynerchuk, founder of Vayner Media, was an early stage investor, according to Crunchbase, along with Jason Calacanis, Josh Spear, Alfred Lin, Bobby Yazdani, David Sachs, Dror Berman, Jeremy Stoppelman, Josh Spear, Kevin Hartz, Khaled Helioui, Mike Walsh, and others. The full list on Crunchbase can be seen here.

Other notable investors, albeit at later rounds, include Shawn ‘Jay Z’ Carter, Jeff Bezos, the founder and CEO of Amazon.com, Fidelity Investments, Softbank, Tencent, and Axel Springer, the parent company of The Business Insider. Uber has raised more than $22 billion over eighteen rounds and has been valued as high as $70 billion, making it the #1 unicorn. 

Uber has 25 board members and advisors, including the company’s new CEO Dara Khosrowshahi. There are 4 are women among the board and advisors according to Crunchbase, including Arianna Huffington, founder of The Huffington Post.

 

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