Blacklane drives off with fresh investment

Investors include existing venture capital backers RI Digital Ventures, Alstin Alternative Strategic Investment, b-to-v Partners and holding company car4you Holding.

Daimler Mobility Services, a subsidiary of automotive-related services provider Daimler Financial Services, joins the firm's shareholding via the funding round. The firm is reported to have invested around €10m. 

Blacklane will use the funding to boost its chauffeur booking platform internationally. 

Company
Based in Berlin and founded in 2011, Blacklane is a booking platform for chauffeur services. The platform is accessible via the company's website and proprietary app. The firm does not provide its own vehicles, but instead aggregates the capacities of local partners with trained chauffeurs and premium vehicles. 

Blacklane's services are currently available in 130 cities and 45 countries worldwide including New York, Paris and Hong Kong. Customers are able to select between three premium vehicle classes: business class, business van and first class. Payment is made via credit card or company invoice. 

The firm currently employs 70 members of staff. Blacklane's revenues increased by more than 30% month-on-month throughout 2013, according to a statement issued by the firm.  

People
Jochen Gutbrod represented RI Digital Ventures.  

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