Gett

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GT GETTAXI (UK) LIMITED
FormerlyGetTaxi (in Israel)
TypePrivate
Industry
FoundedNovember 1, 2010; 11 years ago (2010-11-01)
FoundersDave Waiser
HeadquartersLondon
Area served
Israel, Russia, United States, United Kingdom, Europe
Key people
Shahar Waiser CEO
Products
Services
Revenue$ 166 million (2020)
Number of employees
773 (2020)
Websitegett.com
Gett's Tel Aviv development center

Gett, previously known as GetTaxi, is an Israeli B2B Ground Transportation Management (GTM) platform and marketplace,[1][2] headquartered in London, and owned by GT GetTaxi (UK) Limited [3]

Founded in 2010, Gett has raised more than $750 million in funding to date, from Pelham Capital, Access Industries, Vostok New Ventures Global, Rakuten, MCI Capital, and others, including $300 million from the Volkswagen Group. It employs over 800 employees globally. As of Q1, 2021 Gett’s marketplace counted more than 1000 partner fleets.[4]  

History[edit]

GetTaxi was founded by Israeli entrepreneurs Shahar Waiser and Roi More. In the summer of 2009, Waiser came up with the idea during a thirty-minute wait for a taxi to the airport in Palo Alto, California. GetTaxi's beta version in Hebrew started operating in Tel Aviv two years later, in the summer of 2011,[5] and the service was launched in London in August 2011.[6]

In March 2012, GetTaxi branched out to Moscow[7][8] and opened its first USA offices in New York City.[9] In May 2016, the Volkswagen Group invested $300 million in Gett.[10]

In 2017 Gett acquired Juno, a ride-hailing company primarily operating in New York City.[11] Gett sold Juno in November 2019 in an agreement with Lyft, that saw Gett form a partnership with Lyft.[12]

Gett’s marketplace model saw further partnerships with Ola in 2020,[13] and Curb Mobility in 2021.[14]

Strategic partnership with the Volkswagen Group[edit]

In May 2016, Volkswagen Group announced that it would invest $300 million in Gett,[15] allowing the company to grow its operations across European markets, as well as marking the first foray into the mobility space by the Volkswagen Group.[10]

See also[edit]

References[edit]

  1. ^ "Gett company". Bloomberg.{{cite web}}: CS1 maint: url-status (link)
  2. ^ "Gett company profile". gett.com. Retrieved 2022-06-28.
  3. ^ "GT GETTAXI (UK) LIMITED overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 2022-06-28.
  4. ^ "Events & Presentations - VNV Global". www.vostoknewventures.com. Retrieved 2021-05-17.
  5. ^ Shalita, Hen, Hayut, Ilanit (February 16, 2012). "The Startups are killing Taxi Services". Globes. Archived from the original on 2012-05-01.{{cite news}}: CS1 maint: multiple names: authors list (link)
  6. ^ Lacy, Sarah (July 11, 2011). "Get Taxi Launching in London". TechCrunch.
  7. ^ Gilbert, Trevor (March 1, 2012). "Moscow, Meet GetTaxi. GetTaxi, Moscow". pandodaily.
  8. ^ Taxi app development explained
  9. ^ Fitzpatrick, Alex (June 7, 2012). "This App Will Revolutionize the NYC Taxi Experience". Mashable.
  10. ^ a b Volkswagen Group announces a strategic partnership with on-demand mobility provider Gett
  11. ^ "On-demand ride service Gett confirms acquisition of Juno for $200M". TechCrunch. Retrieved 2021-05-17.
  12. ^ "Gett Shuts Down Juno, Announces Collaboration With Lyft | Ctech". m.calcalistech.com. Retrieved 2021-05-17.
  13. ^ "Ride-hailing firms Gett and Ola sign corporate partnership". CityAM. 2020-08-06. Retrieved 2021-05-17.
  14. ^ "Gett inks deal with Curb Mobility to bring yellow cabs to its enterprise-focused on-demand ride-hailing app". TechCrunch. Retrieved 2021-05-17.
  15. ^ "VW invests $300M in Uber rival Gett in new ride-sharing partnership". TechCrunch. Retrieved 2021-05-17.