Automotive logistics platform Bahn Express has announced the completion of its €5M funding round, with plans to expand into new European markets and hire more employees. The Finnish startup aims to challenge the monopoly of traditional trucking companies in the car transport industry by significantly reducing transit time.
The investment round was led by Swedish fund node.vc, along with existing investors Trind VC and Innovestor, and a syndicate of angel investors including Vincent Ho-Tin-Noe, CPO of Wolt, and the founders of Swappie and Smartly.
Bahn Express’ platform connects automotive players with a network of local freelance drivers, allowing for faster transport of cars to their destinations. The company also offers additional services such as quality inspections, all managed through their platform. This means dealerships and fleet managers can easily request transport and track progress in real time.
For automotive players, shorter transportation times mean faster turnover and lower financial risk, while also ensuring timely delivery for further distribution. Bahn Express aims to reduce transport times from the usual 10-30 days to just 2-5 days, resulting in cost savings and a 30% improvement in dealership stock turnover. For customers, this means a shorter wait time and a better overall experience.
Matias Blomberg, Co-Founder and CEO of Bahn Express, explains, “The automotive industry is one of the most high-tech and archaic industries at the same time. While innovation in manufacturing is booming, the processes for getting cars to customers haven’t changed much in decades. With this investment round, we can rapidly scale our innovative solution to European markets, where we know the demand for more seamless processes is high.”
The company is already partnered with major automotive players such as Kamux, Autohuset Vestergaard, and Aampere. It plans to expand to new markets, starting with Germany, Denmark, and Poland, and hiring more employees for its Helsinki headquarters. The long-term vision for Bahn Express is to provide access to any car, anywhere, at any time, with a two-day delivery time.
Daniela Sjunnesson, Partner at node.vc, says, “Having followed the Bahn Express team for over a year, it’s clear that their combination of discipline, speed, and customer focus is turning into exceptional execution. Their platform tackles a large bottleneck in European vehicle logistics and is set up to scale faster than the competition.”
Bahn Express was founded in 2024 in Helsinki, Finland, by Matias Blomberg and Co-Founder Leevi Jäkälä. Since then, the company has expanded to 30 employees, with headquarters in Helsinki and offices in Copenhagen and Berlin.
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Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.