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Kolors Announces $26 Million In Funding To Transform Intercity Bus Networks Through Technology & Data

Jun 03, 2022over 3 years ago

Amount Raised

$26 Million

Houston

Description

Kolors, a technology and data-driven intercity bus network company, today announced $26 million in funding including a $20 million Series A financing round led by UP.Partners with participation from Toyota Ventures, Maniv Mobility, K5 Global, Mazapil, alongside existing investors Tuesday Capital, Garret Camp's Expa, Chris Sacca's Lowercase, Moving Capital, MVG, Brainstorm Ventures, Bling Capital and Amplifica. The funding will further accelerate expansion in Mexico, expand to new Latin American markets and enable cross-border US travel.

Company Information

Company

Kolors

Location

Houston, Texas, United States

About

Kolors provides a modern solution to intercity bus transportation and unlocks the potential for generating new solutions in mobility and technology like developing a proprietary method to offer reliable onboard WI-FI services, the sale of snacks and drinks, and soon-enough a completely redesigned in-cabin experience. Kolors is at the forefront of this transformation.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech