FlixMobility, which runs an Uber-like app while partnering with private bus and train companies, carried 62 million passengers in 2019, when its growth rate slowed slightly from the 40% seen in 2018.
The company, launched in 2013, attracted the largest funding round to date by a German startup last July, raising around $556 million from investors led by TCV and Permira, valuing it at more than 2 billion euros.
“In just seven years, we have managed to become the largest bus provider in the world, with more than 400,000 daily connections,” said CEO Andre Schwaemmlein, who founded the firm with partners Jochen Engert and Daniel Krauss.
Best known for its green FlixBus intercity coaches, the company last year expanded into Ukraine, also acquiring Turkey’s leading bus provider Kamil Koc and European long-distance coach service Eurolines. It is now present in 30 countries.
FlixMobility launched coach services in the United States in 2018, challenging the veteran Greyhound brand, and now serves 100 destinations from coast to coast.
FlixMobility’s backers include Holtzbrinck Ventures, the European Investment Bank, General Atlantic, Silver Lake and German carmaker Daimler.
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