# Blacklane

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blacklane

- Industry: Transportation Services
- Headquarters: Berlin, Germany
- Website: www.blacklane.com/
- Total disclosed funding: $142M
- Latest round: Series G (Jul 11, 2024)
- Investors on record: 11

## About

Based in Germany, Blacklane GmbH operates as a global chauffeur service provider, offering efficient transportation solutions for both individual and corporate clients worldwide.Blacklane GmbH, founded in 2011 in Berlin, Germany, provides premium global chauffeur services. The company was co-founded by Frank Steuer and Jens Wohltorf, who has a background in launching other ventures. It has successfully completed 12 funding deals, with the latest being a Series G round of EUR 60.00 mn led by Tasaru Holding on July 11, 2024, bringing the total amount raised to EUR 60.00 mn and valuing the company at EUR 599.937 mn.Blacklane's primary offerings revolve around global chauffeur services designed to provide stress-free and efficient transportation solutions for both individual and corporate clients. The core of their service includes long-distance rides and airport transfers, facilitated by professional chauffeurs who are trained to ensure a high standard of safety and comfort. Their platform allows users to book these services conveniently within minutes, with features such as flight tracking and additional wait time to accommodate delays. Blacklane's service caters to both leisure and business travelers across major cities like New York, London, Paris, and Dubai, serving individuals and corporations alike.In 2022, Blacklane generated revenue of EUR 203,259,359.30, while reporting an EBITDA of EUR -5,736,700.90 for the same year.Following its most recent funding round in July 2024, Blacklane GmbH plans to utilize the EUR 60.00 mn raised to expand its operations primarily in the United States, its largest market, as well as in the Middle East and Europe. This strategic growth initiative aims to enhance their service offerings and market presence in these regions.

## Funding rounds

- Series G, Jul 11, 2024, $65M — Mercedes-Benz Group AG, Al Fahim Group, Raffay, Alstin Capital, Tasaru Holding, Gargash Group
- Series F, Jul 4, 2023, $37M — Sixt Ventures
- Series D, Jan 24, 2018, $40M — Mercedes-Benz Group AG, b2venture, Al Fahim Group
- Series C, Aug 1, 2016 — Mercedes-Benz Group AG, b2venture, Alternative Strategic Investments, Raffay
- Seed, Oct 1, 2012 — b2venture, Raffay, Car4You, Alstin Capital
- Seed, Mar 1, 2012 — b2venture, Raffay, Car4You, about:seed GmbH

## Investors

- b2venture (https://capitalatlas.ai/funds/b2venture) — Seed, Series C, Series D
- Raffay (https://capitalatlas.ai/funds/raffay) — Seed, Series C, Series G
- Car4You — Seed
- about:seed GmbH — Seed
- Alstin Capital (https://capitalatlas.ai/funds/alstin-capital) — Seed, Series G
- Mercedes-Benz Group AG — Series C, Series D, Series G
- Alternative Strategic Investments (https://capitalatlas.ai/funds/alternative-strategic-investments) — Series C
- Al Fahim Group — Series D, Series G
- Sixt Ventures (https://capitalatlas.ai/funds/sixt-ventures) — Series F
- Tasaru Holding (https://capitalatlas.ai/funds/tasaru-holding) — Series G
- Gargash Group — Series G