Estonian ride-hailing unicorn Bolt has acquired Danish taxi startup Viggo, in a strategic move to expand its presence in regulated European markets. This acquisition allows Bolt to quickly launch and scale ride-hailing services in Denmark, complementing its existing e-bike rentals in Copenhagen. Sifted first reported on the matter.
Acquisition details
Bolt has acquired Viggo for an undisclosed amount in the company’s first-ever acquisition deal.
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Founded in 2013 by Markus Villig in Tallinn, Bolt is a mobility company, providing ride-hailing, scooter and car rental services, food and grocery delivery, and corporate mobility solutions.
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Bolt has operations in over 50 countries and 600 cities to over 200 million lifetime customers, including in Ukraine and most Eastern European countries.
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The company seeks to accelerate the transition from owned cars to shared mobility, offering better alternatives for every use case.
Bolt already has a strong presence in Denmark through its e-bike rental service. The introduction of taxis creates a multi-modal transport ecosystem, where customers can seamlessly transition between e-bikes and electric rides, providing an immediate boost in demand for Viggo drivers.
About Viggo
Viggo, founded in 2019, is Danish ride-hailing service with a 100% electric car fleet.
“We are not entering Denmark as a small player—we are acquiring the best-performing taxi company in the market. Viggo has set the standard for premium service, customer satisfaction, and a fully electric fleet, and we are excited to build on that success.
By combining Viggo’s local expertise with Bolt’s technology and scale, we will offer riders a seamless, high-quality experience while creating better earning opportunities for drivers,” said Lars Speekenbrink, Regional General Manager Northern Europe at Bolt.
The company operates a fleet of over 300 high-quality electric vehicles, more than 500 drivers and serves 450,000 users across Copenhagen and Aarhus.
