Uber, the startup app that connects people with taxis and drivers, is seeking to raise fresh capital that would give it a $US12 billion ($A12.98 billion) value, the Wall Street Journal reports.
The Journal said Uber, which has already raised significant venture capital, is seeking $US500 million from various investor groups.
The company did not respond to an AFP query on the report.
San Francisco-based Uber, launched in 2009, offers a mobile app connecting passengers and taxis along with a "black car" service.
Uber is the most prominent of the apps that are shaking up the traditional taxi landscape in cities around the world, and has faced significant resistance from regulators.
In NSW and Victoria, an offering that lets average motorists taxi customers around for a fee has recently caused regulatory headaches and sparked protests from taxi operators who claim the service is unfair competition and fails to live up to safety standards.
Uber operates in 35 countries in the Americas, Europe, the Middle East, Africa and Asia, in addition to Australia.
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