AAA Daimler takes a slice of Tiramizoo

Daimler takes a slice of Tiramizoo

Daimler has acquired a minority interest in Tiramizoo, a Munich-based delivery logistics service start-up. Tiramizoo developed a fast-track local delivery service from its launch a year ago with a fully automated online booking platform for local urban delivery services in Munich and recent expansion has meant customers can book local courier and delivery services in other major German cities through Tiramizoo.

The company moved into the local logistics sector to provide efficient and economical transportation services with automated online booking for local delivery services in Munich. The key to the business model is the online booking system which offers rapid same-day delivery services from 90 minutes door-to-door.

The partnership would accelerate the development of new mobility services and also develop an online platform both at a national and international level, Tiramizoo said.

In addition to Daimler, the shareholders in Tiramizoo comprise the company’s founders, Michael Löhr, Volker Schneider and Philipp Walz, investors Burkhard Blum and Dirk Reiche as well as High-Tech Gründerfonds, a Germany-based corporate-backed state investment fund and venture firm Bayern Kapital.

Tiramizoo has a network of over 1200 couriers and aim to pinpoint service providers. Together with Daimler, Tiramizoo can take advantage of GPS tracking to allow each courier in the most densely populated areas to take on additional orders and maximise the flow of goods.

Daimler  works in the short-term car rental sector with car2go, which currently has 150,000 registered customers, and has held an interest in MyTaxi through car2go since the beginning of 2012. In July, Daimler launched the moovel mobility platform in the greater Stuttgart area and acquired a holding in carpooling.com, the world’s largest car-sharing network.

The strategic partnership between Daimler and Tiramizoo will allow the two companies to concentrate their knowledge in the field of innovative mobility services.

Blackstar InvestCo, the Daimler-affiliated investment moved some of its stake in US-based electric car company Tesla to Aabar Investments PJSC, which is also a Daimler investor. Daimler remains Tesla’s third-largest shareholder and has recently invested $10m equity in Carpooling.comthe largest ride-sharing service provider in Europe and now plans to expand into North America.

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