Wunder Mobility Receives $60 Million In Funding And Launches In The U.S.

By Dan Anderson • Sep 25, 2019
  • Wunder Mobility recently made several major announcements such as $60 million in Series B funding and a launch in the U.S.

Wunder Mobility has just made several major announcements. The company announced a U.S. launch to innovate, build, and scale mobility services for companies, municipalities, and fleet operators. And Wunder Mobility also revealed its official U.S. headquarters based in Los Angeles. Plus the company also completed $60 million in Series B financing from existing investors, including Blumberg Capital and KCK.

This funding round will enhance Wunder Mobility’s capabilities to provide innovative mobility technology to enable companies, municipalities, and fleet operators to improve upon urban transportation and provide infrastructure for the smart cities of the future.

Wunder Mobility has become the go-to technology service provider to major OEMs, cities, and mobility startups across the world, including Daimler, Toyota, Yamaha, BMW, Volkswagen as well as the city of Hamburg. And in the United States, Wunder is currently working with an automotive company as well as a number of early-stage startups such as Caramel (a car-sharing startup) and Kuhmute (a charging station provider from Flint, Michigan).

“Our proven track record and strong customer base in Europe and globally, combined with our initial traction with U.S. customers is a proof point that transportation companies across the world can leverage Wunder’s platform to efficiently launch new mobility services,” said Sam Baker, the co-founder and COO at Wunder Mobility. “We’re excited to continue growing our customer base here in the U.S. and further accelerate our mission to help businesses move mobility forward — whether it’s a car dealer in Kentucky, a global automotive manufacturer in the Rust Belt, or a mobility startup in San Francisco.”

Wunder Mobility has several core product offerings such as Wunder Carpool, Wunder Shuttle, Wunder Fleet, Wunder Rent, Wunder City, and Wunder Park. Wunder Carpool is a technology solution for commuter carpooling that aims to reduce traffic density and improve air quality levels in cities. Wunder Shuttle is a solution for all types of on-demand ridesharing services with professional drivers — which can be integrated seamlessly with existing means of transport. Wunder Fleet delivers technology that powers all vehicle sharing services ranging from bikes to electric scooters and cars. Wunder Rent is a solution that enables rental car customers, to book, pay, and open a rental via their mobile phones. Wunder City helps cities evaluate, plan, and regulate mobility companies by aggregating and understanding data. And Wunder Park provides smart solutions for digital parking management.

“The future of transportation is increasingly driven by smart, flexible, interoperable mobility services,” added David Blumberg, the founder and managing partner of Blumberg Capital. “We are proud to see Wunder Mobility’s expansion into the U.S. and expect companies, municipalities and service providers to benefit greatly from their technology, domain expertise and management’s strategic vision for growth.”

Wunder’s technology is currently used in over 100 cities on five continents to power more than 100,000 vehicles facilitating over 12 million trips worldwide.