Sixt Invests in Blacklane | Business Travel News

Sixt Invests in Blacklane | Business Travel News

Germany-based car rental company Sixt has invested a “significant million-euro sum” in Blacklane, the global chauffeured transportation booking company announced Wednesday. The companies did not specify the precise amount of the investment.

The companies plan to jointly work on expanding their international footprint, “initially with a special focus on North America.”

The partnership in 2024 will include the integration of Blacklane services into the Sixt app and will offer Blacklane’s chauffeured transportation partners access to Sixt’s vehicles and connected services. Blacklane also plans to accelerate its growth by investing in new services, such as its City to City program, in which it connects metropolitan areas via 127 routes in 11 countries, according to the company.

The investment marks the second closing of Blacklane’s Series F funding, which totaled €34 million including the Sixt sum as well as investments from Mercedes-Benz Mobility and Gargash Enterprises, according to the company.

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