In a landmark deal that reshapes Europe’s shared mobility landscape, Danish peer-to-peer car-sharing platform GoMore earlier this month reported that they have acquired Getaround Europe, more than doubling its business and cementing its position as the continent’s market leader in the sector. The merger creates Europe’s largest P2P car-sharing platform, with operations in 11 countries, including Denmark, Sweden, Finland, Norway, France, Spain, Belgium, and Austria.
The acquisition marks a historic moment for Danish tech, as GoMore, founded by Matias Møl Dalsgaard, becomes one of the few Nordic companies to consolidate a major European market, typically dominated by U.S. or international players.
“Normally, we see Danish companies being acquired by global giants. This time, a Danish company is leading the charge in a category as significant as car-sharing,”
Matias Møl Dalsgaard said
GoMore has been helping Danes get to and from places since 2005, and we previously reported the founders have been working full-time on the site since 2013. Since then the company has been on a growth journey, that still continues.
By the Numbers: Europe’s New Car-Sharing Powerhouse
The combined company boasts over 5 million users, 70,000 active shared cars, 18,000 vehicles with keyless technology and 1.5 million annual rentals. Gross revenue is reported as €240 million (DKK 1.8 billion) and €53 million (DKK 400 million) in net revenue. The company will have 300 employees.
Both GoMore and Getaround Europe are profitable, and the merger is expected to unlock significant synergies, accelerating growth across existing and new markets.
GoMore has a stronghold in the Nordics and Spain, while Getaround Europe dominates France and has a solid foothold in Western Europe. Together, they share a core mission: reducing urban congestion by promoting car-sharing over ownership.
“This fusion combines our technologies, platforms, and market positions, enabling us to scale car-sharing across Europe at an unprecedented pace,”
Matias Møl Dalsgaard said
The deal aligns with a growing demand for sustainable mobility, as cities grapple with traffic, pollution, and parking shortages.
Strong Investor Backing
The acquisition is financed through a mix of equity and debt, with existing investors, including Jesper Buch (Just Eat founder), Lennart Lajboschitz (Flying Tiger Copenhagen founder), Kaare Danielsen (Jobindex founder), Claus Moseholm, and Kasper Knokgaard, leading the equity portion. Danmarks Eksport- og Investeringsfond (EIFO) and Nordea provided debt financing.
“EIFO has supported GoMore since 2015, and its growth has been impressive. This acquisition highlights the potential for Danish companies to scale internationally while staying rooted in Denmark, exactly the kind of development we aim to support.”
said Signe Thustrup Kreiner, CCO of EIFO.
Additionally, Tim Albertsen, former CEO of Ayvens (the world’s largest leasing company), will join GoMore’s board and investor base, bringing deep automotive industry expertise to help strengthen the company’s private leasing ambitions.
With this deal, GoMore and Getaround Europe are joining forces to accelerate the shift toward sustainable, shared mobility.
“For years, both companies have worked toward the same vision. Now, we’re combining our strengths to take car-sharing to the next level across Europe.”
Matias Møl Dalsgaard said
The merged company expects to maintain annual growth rates of 20–30%, driven by expansion in existing markets and entry into new ones.
“Our strengths complement each other perfectly. Together, we’re better positioned to scale car-sharing and realize our shared vision for the future of mobility.”
said Marie Reboul, CEO of Getaround Europe.
