Getaround Acquires Norwegian Car Rental Platform Nabobil

Getaround announced the $12m acquisition of Nabobil, expanding the marketplace’s presence to the Nordic region. The rapidly expanding carsharing platform will now operate in seven European countries including Norway, in addition to the markets recently added through the company’s acquisition of Drivy – France, Germany, Spain, Austria, Belgium and the UK.

Founded in 2015 by Jacob Tveraabak, Karl Munthe-Kaas, Christian Hager, Jenny Sjögren, Theodor Tonum, Thomas Grøndahl and Chris Moen, Nabobil has quickly built a strong user base in Norway with further Nordic expansion underway. Joining Getaround, the world’s leading carsharing marketplace, will expedite growth and improve the carsharing user experience in the Nordic region by integrating Getaround’s connected car technology.

Getaround pioneered the connected carsharing marketplace six years ago with its Getaround Connect® device—patented technology that enables users to locate and unlock cars using their smartphone, making carsharing accessible to more people at any time of day. Unique to Getaround, a dedicated team has engineered and improved Getaround Connect® over four product generations to become the leading global carsharing technology in safety, reliability, and security. “We are excited to welcome the Nabobil team to Getaround,” said Getaround Founder & CEO Sam Zaid.

“We are building an exceptional global organization and the tremendous experience, drive and values that the Nabobil team bring to Getaround will help drive us forward in our mission to empower people to carshare everywhere.” “We are very pleased that the world’s leading carsharing platform has acquired Nabobil – and that we will be part of Getaround’s journey onward. We cannot imagine a better match, and with the new solid owners, the access to capital for Nordic growth is ensured. For Nabobil’s customers this secures better services and improved technology on a sustainable platform. This is a great recognition for Nabobil’s loyal users, employees and shareholders,” said Christian Hager, Jacob Tveraabak and Karl Munthe-Kaas, representing the three original co-founders and the board of Nabobil.

“This is an exciting moment for our company, made possible by the incredible work of our founders and team,” said Nabobil CEO Even Heggernes. “Joining Getaround, the world’s leading carsharing platform, gives us the power to invest in keyless, connected car hardware and grow the Nordic organization.” Heggernes and the rest of the Nabobil team will join Getaround to continue current operations and oversee expansion in the region.