Invers brings former Bounce executive Bharath Devanathan to leadership team

• New position of Chief Business Officer created
• Bharath Devanathan brings with him tech expertise as well as industry experience
• Expansion of management team for further growth

Siegen, May 27^th, 2021 – As of June 1, 2021, Bharath Devanathan will join the Invers management team as Chief Business Officer. In this newly created role, he will be responsible for business development, customer success and business partnerships at the global provider of shared mobility technology.

“We grew significantly with the global shared mobility market prior to the pandemic and see clear signals that we can build on this growth as the pandemic subsides,” said Alexander Kirn, CEO of Invers. “To support the market demand and needs, we are strengthening our leadership team with a proven expert in sales and business development. Bharath combines strong tech expertise with the hands-on experience of an operator. I’m very pleased that he will join our team and support our mission to provide technology building blocks for shared mobility, enabling operators around the world to run and grow their business while responding to local market requirements.”

As a computer science graduate, Bharath brings relevant industry experience and a keen sense of developments in the international market, particularly from his previous work. At the Indian shared mobility operator Bounce, he was responsible for the business operations and the expansion of the fleet with electric vehicles.

“Shared mobility contributes significantly to a more sustainable way of life, I am convinced of that,” says Bharath Devanathan. “Through projects with Invers, the shared mobility pioneer, I’ve seen firsthand how powerful cutting-edge technology is advancing the idea of shared mobility. I want to be part of a company that is empowering this significant, world-changing sustainability movement and achieve this mission together with people I enjoy working with.”

After studying computer science, Bharath Devanathan spent 6 years as a software developer for Yahoo in Silicon Valley. Following his INSEAD MBA, he held various positions focusing on technology and e-commerce at international companies such as Booz & Company and Groupon.

About Invers

Invers, inventor of automated vehicle sharing, enables mobility service providers to launch, operate and scale their offerings with integrated hardware and software solutions specifically designed for developers of shared mobility services. As the world’s first shared mobility technology company, Invers is developing and reliably maintaining the fundamental building blocks at scale to offer its customers cost-efficient and easily implementable tech solutions.

The company acts as an independent and reliable partner for operators of services such as car sharing, scooter sharing, ride pooling and car rental, with the vision to make the use of shared vehicles more convenient and affordable than ownership. Customers include Share Now, Clevershuttle, Miles, Getaround, Flinkster, TIER, Bounce and Emmy. The company was founded in 1993 and has locations in Siegen, Cologne and Vancouver. The development takes place entirely in Germany. www.invers.com