Online transportation booking provider Blacklane is getting an infusion of cash from car rental giant SIXT to become one of its most important shareholders, according to an announcement from Blacklane. The companies are looking to gain greater traction in the North American market while continuing their global expansion. Currently, SIXT has locations in more than 100 countries and is the fourth largest car rental agency in the US, while Germany-based Blacklane has grown significantly since its inception in 2011.
Blacklane CEO Jens Wohltorf
Blacklane’s chauffeur services will be available via the SIXT app in the US and other international markets starting in 2024, while leveraging SIXT’s fleet capabilities and connected services. Blacklane is also building out its City to City program, which offers flat rates between certain cities with 127 routes currently available. Additionally, Blacklane is on track to provide 15 percent of its rides with electric vehicles by the end of this year, and 50% percent by 2025.
“We at SIXT are committed to providing premium mobility solutions in car rental, carsharing, subscription, and ride-hailing services. We welcome Blacklane on board as an additional valued partner in our mobility ecosystem and are looking forward to jointly create synergies for our business with this partnership,” said SIXT COO Nico Gabriel.
“We are thrilled to win SIXT as our partner and investor in this funding round,” said Blacklane CEO and Co-founder Jens Wohltorf. “Their extensive experience in the ground transportation and travel industry, combined with our expertise in premium chauffeur services, create a powerful bond that will drive both company’s global growth and innovation and solidify Blacklane’s position as industry leader.”
Visit blacklane.com and sixt.com for more information.
[10.03.23]