Nabobil.no AS

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Nabobil.no AS - overview

Established

2015

Location

Oslo, -, Norway

Primary Industry

Transportation Services

About

Nabobil. no AS is a peer-to-peer car rental platform in Norway that allows users to conveniently rent vehicles directly from private owners or professional operators through a mobile application. Founded in 2015 and headquartered in Oslo, Norway, Nabobil. no AS offers a unique platform for car rentals.


The founders, Christian Hager, Theodor Tonum, and Thomas Grøndahl, have a history of entrepreneurship. In June 2019, Nabobil. no AS was acquired by Getaround, Inc. for USD 12 million.


The company has successfully completed a total of 3 deals, with the most recent being a Trade Sale. Nabobil. no AS operates as a peer-to-peer car rental and car sharing service, allowing users to unlock and drive a diverse fleet of vehicles via a mobile app. The platform features a wide selection of vehicles, including vans, SUVs, family cars, and luxury models, catering to both individual users and businesses.


By facilitating instant bookings and enabling keyless access through innovative technology, Nabobil simplifies the rental process and enhances urban mobility across multiple markets, including Norway and throughout Europe. In the most recent fiscal year of 2023, Nabobil. no AS generated a revenue of USD 2,722,838. 40, with an EBITDA of USD 107,424.


90, demonstrating the company’s ability to operate effectively in the peer-to-peer rental market. Looking ahead, Nabobil. no AS plans to expand its services further into European markets, targeting specific cities by the end of 2024. The recent funding from the acquisition will be utilized to enhance technology, develop new product offerings, and improve user experience on the platform.


The company aims to introduce innovative features that facilitate easier vehicle access and increase the variety of rental options available to users.


Current Investors

Cox Enterprises Inc., Getaround, Inc., Toyota Motor Corporation

Primary Industry

Transportation Services

Sub Industries

Car Hire Services

Website

www.nabobil.no

Company Stage

Add-on

Total Amount Raised

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