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Blacklane Announces Significant Investment From Sixt

Chauffeur services company will use funds for international growth, beginning in North America.

Written by:

Harvey Chipkin

Published on:

Blacklane, a global provider of chauffeur services, announced a “significant million-euro sum” investment from Sixt, a large European mobility company. According to the announcement, the two companies will jointly drive international growth by initially focusing on North America.

Blacklane’s chauffeur services will be available via the Sixt app in the US and other international markets in 2024, offering Blacklane as an additional premium mobility option on the platform. The partnership will also benefit both companies, according to the announcement, through leveraging Sixt’s fleet capabilities and connected services. This will offer guests and chauffeur partners an even broader choice of vehicles and services.

Jens Wohltorf, CEO of Blacklane, said that Sixt’s extensive experience in the ground transportation and travel industry, combined with his company’s expertise in premium chauffeur services, “create a powerful bond that will drive both companies’ global growth and innovation and solidify Blacklane’s position as industry leader.”

The investment marks the second closing of Blacklane’s series F funding, providing the company with a significant million-euro investment at a valuation roughly 50% higher than the previous one from 2020. The first round of this F series was backed by prominent investors Mercedes-Benz Mobility and Gargash Group, driving Blacklane’s growth in the Middle East.

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