Ground transportation platform Blacklane has secured $65 million in a Series G funding round, the company announced Tuesday.
New key investor Tasaru Mobility Investments, which focuses on supporting mobility in Saudia Arabia, joined the round with current investors, including Mercedes-Benz Mobility, which is Blacklane’s largest shareholder, according to the company.
With the funding, Blackland plans to expand operations in the United States, currently its largest market, and “sharpen its focus on the Middle East, and continue its business in Europe,” according to the company. “This also allows Blacklane to diversify its business model with global and local mobility solutions while rolling out new services to its guests.”
Blacklane plans to launch in “several key cities” in Saudia Arabia with a fleet of electric vehicles, according to the company. It also intends to partner with “airlines and airport transfer companies to provide seamless luxury chauffeur services tailored to the needs of Saudi Arabia’s growing market.”
