GoTo Global

Company Overview

Snapshot

Founded in May 2008, GoTo Global is a public company with 51–200 employees. The company has raised $44.2 million across three funding rounds from eight investors. In June 2022, GoTo Global went public on TASE through a reverse merger with NeraTech Media.

Business overview

GoTo Global operates in the Automotive & Mobility Technologies sector, offering shared mobility services through its platform. The company's core product is an app that allows users to rent various types of vehicles, including economy, family, and cargo cars, on an hourly or daily basis. It serves consumers in markets such as Germany, Malta, and Israel, facilitating urban mobility and transportation.

Strategic signal

In October 2021, GoTo Global expanded its European footprint by acquiring Emmy, a German e-moped sharing company. This acquisition signals the company's strategic intent to diversify its shared mobility offerings beyond cars and strengthen its presence in key European markets, indicating a growth-oriented approach to market penetration and service expansion for investors.

Company Intelligence Q&A

When did GoTo Global go public?

GoTo Global went public on TASE in June 2022 through a reverse merger with NeraTech Media.

Which company did GoTo Global acquire in October 2021?

In October 2021, GoTo Global acquired Emmy, a German e-moped sharing company, to drive its European expansion.

Who was a lead investor in GoTo Global's July 2020 funding round?

In July 2020, Adam Neumann was a lead investor in a funding round for.

What was a key development for GoTo Global in February 2021?

In February 2021, GoTo Global secured an investment from Telcar Group.

What was the strategic move by GoTo Global in May 2023?

In May 2023, GoTo Global exited the Spanish market after three years of operation.