Distribusion has recently secured a substantial €80 million in funding, setting the stage for significant advancements in the online booking of ground transport tickets.
This Berlin-based company connects an extensive network of over 2,000 bus, rail, and ferry providers with travel retailers globally, aiming to enhance scheduling and booking processes.
The ground transportation sector has long been plagued by fragmented systems and outdated technologies, making online ticket purchasing a challenging task for many travellers. Most transactions remain offline, underscoring a significant digital gap. By addressing these issues, Distribusion is spearheading change through its B2B marketplace, simplifying access for operators to a vast network of online travel agents and platforms.
Since its inception in 2012, Distribusion has pioneered the digital infrastructure for retailing scheduled ground transport. Operating in 70 markets, its partnerships include prominent names like Google and Booking.com. The company boasts the most extensive rail portfolio, working with major European and global rail carriers.
Schuster Tanger from TQ Ventures lauds Distribusion’s innovative approach, stating, “We have watched Distribusion grow, building a product-first company with a technological edge in ground transportation.”
Distribusion is not limited to European borders, having significantly expanded into the Americas and Asia.
Such expansion is part of a strategic initiative to provide global access to reliable and efficient ground transport solutions.
Distribusion contributes positively not just economically, but socially and environmentally. The accessibility of public transport is not only a service improvement but aligns with environmental goals by reducing private vehicle reliance.
This aligns with the mission of investors like Lightrock to support companies that prioritise climate change solutions.
The recent €80 million funding will be allocated towards enhancing technological capabilities and fostering global expansion. This investment builds on the success of the previous €30 million Series B round in 2022, underscoring investor confidence in Distribusion’s business model.
Dr. Thomas Doering, CEO at Distribusion, emphasises the role of mass transport innovation in addressing global infrastructure challenges due to limited private vehicle access.
Chris Steinau from Lightrock highlights Distribusion’s rapid growth and profitability since their Series B involvement. He stresses the company’s significant role in promoting sustainable transportation.
The company’s continued innovation places it at the forefront of transforming ground transport, leveraging cutting-edge technology to meet future demands.
Distribusion’s success story is a testament to strategic foresight and technological innovation in the transport sector.
Distribusion’s recent funding marks a pivotal step towards revolutionising how people access ground transportation globally. With a strong focus on technology and expansion, the company is set to lead the market in providing efficient and sustainable travel solutions.
