Berlin-based Distribusion raised $80M in a Series C funding round led by TQ Ventures to enhance global ground transport accessibility.

Sep 26, 2024•about 1 year ago

Amount Raised

$80 Million

Round Type

series c

BerlinLogisticsMarketplaceTransportationTravelE Commerce

Investors

LightrockTq Ventures

Description

Berlin-headquartered Distribusion has secured $80 million in a heavily oversubscribed Series C funding round. The new funding will help improve accessibility to mass transport worldwide, amidst challenges in infrastructure and environmental concerns.

Company Information

Company

Distribusion

Location

Berlin, Berlin, Germany

About

Distribusion is a Berlin-based B2B ground transportation marketplace that connects a global network of travel retailers with numerous transport providers, including bus, rail, and ferry services. The company simplifies ticket sales with a standardisation layer that allows online retailers to sell tickets through a single API. With a presence in 70 markets globally, Distribusion aims to enhance accessibility to mass transport and tackle environmental challenges. The company has partnerships with major players like Google and Booking.com, and is recognized for driving innovation in ground transportation.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends