Uber Technologies has acquired chauffeur service Blacklane as part of its expansion into luxury and executive travel.
Terms of the deal were not disclosed, but Uber described executive travel as a fast-growing segment of its business.
Blacklane was founded in Germany in 2011 and has raised more than $150 million in funding over a number of rounds. It announced Series G funding of $65 million in October 2024. The company operates in over 500 cities across more than 60 countries.
The acquisition, which is subject to regulatory approval, is expected to close by the end of 2026.
“Premium travel is one of the most exciting growth areas of Uber’s business. We want to offer the widest selection of options to meet our riders where they are: from the everyday commute to luxury rides. We’re incredibly impressed by what Blacklane has built and we’re eager to work with them to amplify how we deliver truly exceptional service to more people in cities around the world,” said Dara Khosrowshahi, CEO of Uber.
“Fifteen years after our vision to make premium travel frictionless, we are bringing luxury hospitality expertise to Uber as a leading player in mobility. This partnership marks a significant milestone in Blacklane’s next chapter and is a powerful step-change in introducing our service to new markets globally,” said Jens Wohltorf, founder and CEO of Blacklane.
Last month Uber announced its acquisition of parking reservations service SpotHero.