Distribusion, a Berlin based B2B ground transportation marketplace has recently closed its Series C funding worth $80 million. The funding was raised in cooperation with TQ Ventures company and with the Lightrock company as the initial investor.
Purpose of Funding
It have outlined plans for using the funds to step up the globalisation process and to invest in technology to improve retailing performance for 2000+ carriers and retailers, and the millions of travelers that these entities serve.
About Distribusion
Led by CEO Dr. Thomas Doering, Distribusion provides technology solutions for the ground transportation sector, connecting bus, rail, ferry, and public transport providers worldwide with a global network of travel retailers. The platform connects major travel retailers such as Google, Alipay, and Booking.com with carriers like Deutsche Bahn, SNCF, Trenitalia, National Express, and Amtrak. Its standardized API enables retailers to sell tickets for various carriers without needing individual contracts or technical setups.
Distribusion operates in 70 markets globally, with a significant presence beyond Europe.
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