Mercedes-Benz Group

Mercedes-Benz Group designs, manufactures and markets passenger cars and vans under the Mercedes-Benz brand. It also provides mobility and financial services including financing, leasing, car subscriptions and rental, fleet management, digital charging and payment solutions, and insurance brokerage, plus mobility services. The group emphasizes innovative, green technologies and a safe, high-quality driving experience, with a focus on electric and software-driven mobility and autonomous driving. It operates globally with manufacturing and service networks to support customers and advance its mobility ecosystem.

Past deals in Ride Sharing

Rally

Seed Round in 2019
Rally Bus Corp., established in 2010 and headquartered in New York, operates a social mobility network specializing in group travel services to sporting events, concerts, and other large-scale venues. The company offers motor coach transportation with professional drivers, trip sharing options, and ride booking through its platform. With millions of rides completed, Rally aims to disrupt traditional bus travel by utilizing AI for route optimization and crowdfunding for surge demand management, thereby converting private car users to shared bus riders and providing digital tools for traditional charter customers.

Bolt

Corporate Round in 2018
Bolt Technology OÜ is a transportation platform based in Tallinn, Estonia, that provides ride-hailing, micromobility, and food delivery services. Founded in 2013, Bolt operates a smartphone application that allows users to book taxis directly, selecting options based on price and quality ratings, while also tracking the driver's arrival in real time. The platform aims to enhance urban mobility by offering a reliable and accessible alternative to traditional transportation methods, contributing to reduced traffic congestion and pollution in cities. With over 50 million customers across more than 40 countries, Bolt is recognized as one of the fastest-growing startups globally, striving to create a future with less reliance on car ownership.

Flinc

Acquisition in 2017
Flinc develops a social mobility network application that matches drivers and passengers for ridesharing with real-time navigation technology. Founded in 2010, it operates as a subsidiary of moovel GmbH since 2017.

Via

Series D in 2017
Via Transportation Inc. is a company that develops innovative public mobility solutions, focusing on on-demand and pre-scheduled transit. Founded in 2012 and headquartered in New York, Via serves a diverse range of clients, including public transit agencies, cities, universities, corporations, and school districts. The company's mobile app connects passengers traveling in the same direction, allowing them to share premium vehicles and enhancing the efficiency of public transit systems. Via aims to transform traditional, rigid transit systems into dynamic networks by integrating its technology with existing public transportation infrastructure. This approach not only reduces operational costs and traffic congestion but also minimizes single-occupancy trips and carbon emissions, providing more accessible and environmentally friendly transit options. Via operates both in the United States and Europe through partnerships, including a joint venture with Mercedes-Benz Vans.

Careem

Series E in 2017
Careem operates a car booking platform that connects passengers with local drivers via a marketplace of community drivers. The platform lets users request a ride in minutes, see the fare, and pay with a credit card, providing access to convenient and affordable transportation.

Beat

Acquisition in 2017
Beat is a ride-hailing application that connects passengers with nearby drivers in real time, offering a new and efficient transportation experience. Founded in 2011 and acquired by mytaxi in 2017, Beat enables users to request rides 24/7 through its mobile platform, which is compatible with both iOS and Android devices. The app allows passengers to either accept a driver selected by the platform or choose from available drivers based on user ratings and other criteria. Currently, Beat operates in several cities, including Athens, Lima, Santiago, and Bogota, with plans for further expansion in South America.

Intelligent Apps

Acquisition in 2014
Intelligent Apps, founded by Niclaus Mewes and Sven Kuelper in 2009, is recognized for developing mytaxi, the first taxi app that creates a direct connection between passengers and drivers. This innovative platform has rapidly expanded, boasting over 7 million downloads and connecting 35,000 taxis across more than 40 cities worldwide, including major locations like Washington, Madrid, and Zurich. mytaxi enhances the taxi service experience by allowing drivers to operate as independent contractors, fostering a competitive environment that encourages high-quality service and customer ratings. The app provides transparency in the ordering process, enabling passengers to track their taxi's arrival and view driver details. Drivers benefit from a favorable cost model, paying only for completed trips. Intelligent Apps aims to advance urban mobility and solidify its leadership position in the industry by continuously improving its services and expanding its reach. The company also provides app development services for Daimler Mobility Services, further enhancing its capabilities in the mobility sector.

Intelligent Apps

Series C in 2013
Intelligent Apps, founded by Niclaus Mewes and Sven Kuelper in 2009, is recognized for developing mytaxi, the first taxi app that creates a direct connection between passengers and drivers. This innovative platform has rapidly expanded, boasting over 7 million downloads and connecting 35,000 taxis across more than 40 cities worldwide, including major locations like Washington, Madrid, and Zurich. mytaxi enhances the taxi service experience by allowing drivers to operate as independent contractors, fostering a competitive environment that encourages high-quality service and customer ratings. The app provides transparency in the ordering process, enabling passengers to track their taxi's arrival and view driver details. Drivers benefit from a favorable cost model, paying only for completed trips. Intelligent Apps aims to advance urban mobility and solidify its leadership position in the industry by continuously improving its services and expanding its reach. The company also provides app development services for Daimler Mobility Services, further enhancing its capabilities in the mobility sector.

Carpooling.com

Series C in 2012
Carpooling.com is a leading ride-sharing network in Europe, facilitating the transportation of over one million people each month. Based in Munich, Germany, the company provides a user-friendly platform that enables individuals to find reliable and affordable ride-sharing options through computers, mobile devices, or social media. Users have the flexibility to select their preferred travel companions, determine the level of comfort and space they require, choose meeting points, and set their price. Additionally, Carpooling.com allows for online booking and payment, enhancing convenience and safety for its users. The company collaborates with various transport carriers, including Eurolines and Deutsche Bahn, to offer comprehensive intermodal transport solutions that incorporate bus, rail, and airline tickets.

Intelligent Apps

Series B in 2012
Intelligent Apps, founded by Niclaus Mewes and Sven Kuelper in 2009, is recognized for developing mytaxi, the first taxi app that creates a direct connection between passengers and drivers. This innovative platform has rapidly expanded, boasting over 7 million downloads and connecting 35,000 taxis across more than 40 cities worldwide, including major locations like Washington, Madrid, and Zurich. mytaxi enhances the taxi service experience by allowing drivers to operate as independent contractors, fostering a competitive environment that encourages high-quality service and customer ratings. The app provides transparency in the ordering process, enabling passengers to track their taxi's arrival and view driver details. Drivers benefit from a favorable cost model, paying only for completed trips. Intelligent Apps aims to advance urban mobility and solidify its leadership position in the industry by continuously improving its services and expanding its reach. The company also provides app development services for Daimler Mobility Services, further enhancing its capabilities in the mobility sector.
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