Aster Capital successfully exits Betterway through a €4 million funding round with Edenred, anticipating continued growth for the employee mobility solutions provider.

Information on the Target

Betterway is a rapidly expanding provider of employee mobility solutions that focus on innovating how businesses manage employee transportation. Through its platform, Betterway offers businesses a comprehensive suite of transportation options including public transit, ride-sharing, and various other mobility services. This innovation not only enhances the commuting experience for employees but also aids companies in reducing their environmental impact and transportation expenses.

Since the initial investment, Betterway has shown impressive growth, and the addition of new funding from Edenred, amounting to €4 million, is expected to further propel its expansion and reinforce its market position. The company stands at the forefront of redefining transportation norms within workplace settings.

Industry Overview in the Target’s Specific Country

The employee mobility solutions industry in Europe, particularly in countries such as Germany and France, is witnessing significant growth due to increasing urbanization and the rising demand fo