Berlin-based Distribusion raised $80M in a Series C funding round led by TQ Ventures to enhance global ground transport accessibility.
Berlin-based Distribusion raised $80M in a Series C funding round led by TQ Ventures to enhance global ground transport accessibility.
09/26/24, 8:06 AM
Location
berlinMoney raised
$80 million
Industry
logistics
marketplace
transportation
travel
e commerce
Round Type
series c
Investors
Lightrock, Tq Ventures
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 Info
Location
berlin, berlin, germany
Additional Info
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.