Self-Description

Gett (previously GetTaxi) was built on a simple idea – “if you treat drivers better, they will treat riders better”. Fueled by the very best drivers, Gett sets the standard for quality. Available in more than 120 cities worldwide, including London, Moscow and New York, Gett is Europe's largest on-demand car service company by revenues. Gett is the global leader in corporate on-demand transportation. Gett for Business is the only transport solution enabling companies and riders to book rides and track expenses worldwide through a single platform. It is already used by >18,000 companies who book and track transportation services in over 1,000 cities and 56 countries. Gett sells $1bn+ of mobility services per year, half of which is generated in NYC and London. Due to its lucrative B2B services, Gett is already contribution-margin profitable across all its markets, and is on track to become operationally profitable globally in Q1, 2019. Gett raised more than $700M in total funding, with $300M+ coming from the world’s #1 carmaker, The Volkswagen Group. In 2018, Gett officially became a "Unicorn", valued at $1.4 billion.

Primary Company Info

Headquarters:
Tel Aviv, Israel
Country:
Israel
Year Founded:
2010
Company Segment:
Direct-to-consumer
Website:
Active Markets:
Intercontinental

NC Company Overview

Gett is a revolutionary technology platform that is used to book and manage cabs and other rides. It has a number of features that make it a convenient solution for the customer, for instance, being able to tip the driver through the Gett app. Gett can be used to arrange on-demand rides or for bookings for things like airport pick-ups. The app is free for users and can be downloaded for iOS and Android mobile devices. Gett, based in New York City, USA, has offices all over the world and offers 24/7 support to customers and drivers. Gett has received a lot of media interest, including coverage in Forbes and Shortlist. Gett has also held one of the coveted ‘Editor’s Choice’ slots on the Google App Store. As of May 2019, Gett is available in more than 120 major cities around the world, including New York, London, and Moscow. In terms of revenue, Gett is the biggest on-demand ride-hailing service in Europe. The company was valued at 1.4 billion USD in 2018, and so far, almost half of all of London’s iconic black taxis run using Gett. Gett Business Solutions are used across over 20k companies in 56 countries.

Related slides

Edition June 2019

The latest NOAH Bible is out! Featuring an update on our conferences and a valuation / industry KPI snapshot for:

  • Company valuation work
  • Peer group analysis
  • Industry KPI benchmarking
  • Financial analysis