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Unquote
  • Expansion

VC-backed Blacklane raises seven-digit series-C

  • Katharina Semke
  • Katharina Semke
  • 03 August 2016
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Daimler has led a seven-digit series-C for German driver service Blacklane, alongside VC funds.

Existing investors RI Digital Ventures, b-to-v and Alstin also joined the round.

With the fresh capital, Blacklane aims to launch in the Asia-Parcific and Middle East regions, improve its passenger and driver apps, and hopes to win over new partners in the travel industry. The business will also hire additional staff.

Blacklane

  • DEAL:

    Expansion

  • LOCATION:

    Berlin

  • SECTOR:

    Software

  • FOUNDED:

    2011

Daimler invested via its subsidiary Daimler Mobility Services.

Previous funding
In November 2014, Recruit Strategic Partners structured the $3.3m series-B for Blacklane.

The startup raised a double-digit million euro funding round from RI Digital Ventures, Alstin Alternative Strategic Investment, b-to-v Partners and holding company Car4you Holding in December 2013.

In April that year, Alstin and b-to-v partners structured a series-A of undisclosed size.

In October 2012, Alstin, b-to-v partners, Car4you and RI Digital Ventures structured the company's seed round.

Daimler has been invested in Blacklane since 2013, being the company's first strategic partner.

Company
Founded in 2011 and based in Berlin, Blacklane connects passengers with professional drivers. The business states corporate and individual customers can book and schedule rides in 50 countries through the website, serving 200 cities and 400 airports.

People
b-to-v Partners - Jochen Gutbrod (partner).
Daimler Financial Services - Klaus Entenmann (chairman).
Blacklane - Jens Wohltorf (CEO).

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