German chauffeur and limousine booking service Blacklane announces a seven-digit Euro funding round today. The investment is led by Japan-based Recruit Holdings and will support Blacklane’s strategic plans in Japan.
Founded in 2011, Blacklane is a transportation service aimed at business travelers. Users can book rides via the company’s app or website. Blacklane does not does not own its own fleet but instead aggregates the excess capacity of local partners.
Since the last time VentureVillage spoke with Blacklane in March, its service has expanded to 15 additional cities and 5 more countries bringing the totals to 150 cities and 50 countries. Blacklane Cofounder Jens Wohltorf mentioned then that expansion would slow since the service has “basically covered the entire world.” Instead, the transportation service would begin focusing on growing its current markets. Today’s investment from Recruit Holdings reflects this shift in focus.
Recruit Holdings joins current Blacklane investors ALSTIN, b-to-v Partners, RI Digital Ventures, and car4you Holding, as well as the partner moovel (Daimler Mercedes-Benz).
In addition to its fresh funding, the company also announces that PhoCusWright founder Philip C. Wolf will join as a new board director. “Blacklane is the only global brand of professional, reliable drivers,” says Wolf. “The time has come to modernize this market, and I am convinced of Blacklane’s enormous potential.”
Image Credit: Blacklane