Fueled by its $300 million Series D round led by Softbank last August, Getaround is making its second-ever acquisition this year with a $12 million purchase of Norwegian car rental startup Nabobil. This acquisition brings Getaround into seven European countries, as opposed to just six.
In April, Getaround made its first-ever acquisition of European car rental startup Drivy for $300 million. That marked Getaround’s first expansion beyond the U.S. and into France, Germany, Spain, Austria, Belgium and the U.K.
For now, Nabobil will keep its name and the startup’s full team will remain in place in its Oslo, Norway-based headquarters. Nabobil, which first launched in 2015, has 180,000 registered users and reached 130,000 bookings in May 2019.
Getaround, on the other hand, has more than