23 Dec 19

Autobinck invests in carpool start-up Toogethr

Dutch automotive group Autobinck is investing in Toogethr, a local start-up offering tools for corporate carpooling and parking. The investment will allow the start-up to expand the range of its offerings and move beyond the Benelux into other European countries. 

The investment was made via Autobinck's innovation subsidiary, Mobinck – the same course of action was chosen recently to invest in Snappcar. 

Toogethr uses algorithms to link employees who are likely carpooling partners and helps them find a parking space. The company has partnership deals with Shell and Schiphol airport, among others, and already manages tens of thousands of corporate drivers in the Benelux countries. 

Autobinck is an important player in vehicle distribution, car retail, vehicle leasing, fleet management and related financial and mobility services in the Netherlands and beyond (particularly Eastern Europe). Its leasing subsidiary is Business Lease. 

Authored by: Frank Jacobs