Distribusion, the leading B2B marketplace for ground transportation technology, has successfully raised $80 million in a Series C funding round. This oversubscribed financing was led by TQ Ventures, with significant participation from existing investor Lightrock. The Berlin-based company plans to utilize the funds to enhance its global presence and further develop its advanced retail technology solutions for its extensive network of travel partners and carriers.

A Leader in Ground Transportation Technology

As the foremost platform in the ground transportation sector, Distribusion connects prominent travel retailers, including Google, Alipay, and Booking.com, with major transportation providers such as Deutsche Bahn, SNCF, Trenitalia, National Express, and Amtrak. With a robust portfolio of over 2,000 carriers and retailers, Distribusion is committed to transforming the way mass transport is delivered, addressing the challenges of infrastructure and environmental sustainability. CEO Dr. Thomas Doering emphasized the importance of improving mass transportation access, stating that with only 10% of the global population having access to private vehicles, the demand for efficient public transport is critical.

Investment Focus and Future Plans

The new funding will allow Distribusion to accelerate its global expansion efforts and invest significantly in technology that enhances retail capabilities. The company operates across 70 markets, with an increasing presence outside of Europe, and is focused on providing seamless access to the largest rail portfolio, encompassing major European carriers and key players in the Americas and Asia. Distribusion aims to deliver the broadest content range at the highest technical quality, all standardized and accessible via a single API or booking engine.

Partner Perspectives

Schuster Tanger, Co-Managing Partner at TQ Ventures, expressed his enthusiasm for the investment, noting the innovative product and competitive advantages that Distribusion has established. He remarked on the company's commitment to building a transformative platform in the ground transportation space. Additionally, Chris Steinau, Partner at Lightrock, highlighted the remarkable growth and cash profitability achieved by Distribusion since the previous funding round. Steinau also acknowledged the company’s positive environmental impact by facilitating easier access to ground transportation.

Distribusion's successful Series C funding marks a significant milestone in its journey to revolutionize the ground transportation industry. By leveraging this investment, the company is well-positioned to expand its global reach and enhance its technology solutions, ultimately driving greater accessibility and sustainability in mass transportation. The support from esteemed investors underscores the confidence in Distribusion's vision and its pivotal role in reshaping the future of ground transportation.