What is BusUp?
Founded in 2016, BusUp specializes in revolutionizing corporate mobility by offering optimized, cost-efficient, and environmentally sustainable solutions for employee transportation. Leveraging an advanced technology platform and an extensive global network of over 170 local operators, BusUp uniquely provides corporate mobility services across Europe, the United States, and Latin America. This comprehensive approach allows businesses to manage their employee travel needs effectively while contributing to greener initiatives.
How much funding has BusUp raised?
BusUp has raised a total of $22.8M across 3 funding rounds:
Series A
$6M
Other Financing Round
$13.6M
Other Financing Round
$3.2M
Series A (2021): $6M with participation from Finaves V, AutoTech Ventures LLC, and Proeza Ventures
Other Financing Round (2024): $13.6M led by Autotec, Liil Ventures, Proeza Ventures, and Finaval SpA
Other Financing Round (2025): $3.2M supported by True Global Ventures
Key Investors in BusUp
True Global Ventures
True Global Ventures invests in SF-Bay Area, New York, Shanghai, Hong Kong, Singapore, London, Paris, Berlin and Stockholm. True Global Ventures is a unique, international, early-stage super angel investment firm formed by the world's leading technology entrepreneurs-turned-angel-investors. Its investors have done more than 600 investments on an individual level. True Global Ventures leverages the personal networks and expertise of its founders to support exclusively serial entrepreneurs in the internet, mobile and software sectors
Autotec
Founded in 1972, Autotec Solutions has a long history of supplying engineered solutions and custom machines. With an excellent reputation in the plastics sector, our business has evolved to include ever-increasing robotics and automation across multiple industries. We supply turnkey systems featuring the latest in robotic vision, safety, and industrial automation.
Liil Ventures
Liil Ventures is a mobility intelligence network that supports early-stage companies focused on smart city and new mobility solutions. They provide capital, strategic support, and transportation intelligence to help founders build successful ventures that address urban challenges. With a large fleet of vehicles and access to a network of mobility leaders, Liil Ventures aims to reimagine cities and improve the quality of life for their inhabitants. Their mission is to partner with innovators to tackle the future challenges of urban living.
What's next for BusUp?
The recent major strategic investment in BusUp signals a strong confidence in its business model and future expansion plans. This capital infusion is expected to fuel further technological development, enhance its global operational capacity, and solidify its market leadership in corporate mobility. BusUp is poised to continue its growth, offering innovative solutions that address the evolving needs of businesses for efficient and sustainable employee transportation.
See full BusUp company page