GETTRANSFER.COM RAISES $8M NEW FUNDING ROUND

30 JANUARY 2019 - GetTransfer.com has successfully closed an $8M investment round. Part of the investment was raised earlier in the form of a convertible loan. The company’s implied valuation following the round is around $60M.

The syndicate of investors includes S7 Group, Emery Capital and Castel Capital.

The proceeds will be mainly invested in B2B expansion and the company’s presence in the US and Asia.

GetTransfer.com is a leader of the international transfer market. In 2018 it demonstrated more than 10+ times growth and arranged over 240,000 transfers around the world. Today over 30,000 vehicles are registered on the GetTransfer.com platform.

«The investment focus is on development of B2C and B2B solutions. “GetTransfer.com for Business” offers corporate travelers significant savings for trips to airports and between cities», noted GetTransfer.com founder Alexander Pershikov.

GetTransfer.com is an online marketplace where clients can personally select the most attractive offers for cars and drivers. GetTransfer.com offers long-distance transfers at the best prices and supports tailored itineraries for travelers. Apart from the wide variety of vehicle classes and types with reliable carriers, GetTransfer.com provides a low-price guarantee. The company also services B2B clients, which allows to save corporate travel budgets.

The company was founded by Alexander Pershikov in 2015 to make long-distance transfers more affordable. GetTransfer.com operates in over 150 countries worldwide.