Ground Transport Leader Raises $80 Million for Global Expansion
Funding fuels innovation: Distribusion to connect more travelers with trains, buses, and ferries worldwide.
Distribusion, a leading B2B ground transportation marketplace, has secured a whopping $80 million in Series C funding. The round was led by TQ Ventures, with participation from existing investor Lightrock.
This significant investment will fuel Distribusion's global expansion plans and further development of its advanced retail technology solutions. The company aims to empower its network of over 2,000 carriers and retailers, along with the millions of travelers they serve.
"With only 10% of the global population having access to private vehicles, efficient mass transportation is crucial," said Dr. Thomas Doering, CEO at Distribusion. "Distribusion is well-positioned to play a key role in improving accessibility worldwide."
Distribusion operates as the world's preeminent technology company for ground transportation retail. Their platform connects major travel retailers like Google, Alipay, and Booking.com with a vast network of carriers, including Deutsche Bahn, SNCF, and Amtrak. Notably, Distribusion boasts the largest rail portfolio globally.
The company leverages its technology to simplify online bookings for travel retailers. Through a single API or booking engine, retailers can offer their customers access to a broad range of ground transportation options, all standardized and available for seamless purchase. This eliminates the need for individual contracts with each carrier.
