What is FlixBus?
Founded in 2011, FlixMobility operates under the FlixBus and FlixTrain brands, having established Europe's most extensive long-distance bus network. The company has diversified its offerings to include green long-distance trains since 2018 and has piloted all-electric bus services in Germany and France. FlixBus expanded its operations to the USA in 2018. FlixMobility manages all aspects of its business, from technology development and network planning to operations control, marketing, sales, quality management, and product enhancement. Its daily scheduled services and eco-friendly fleet are operated by regional SME bus partners, while FlixTrain collaborates with private train operators.
How much funding has FlixBus raised?
FlixBus has raised a total of $1.2B across 2 funding rounds:
Series F
$531M
Series G
$650M
Series F (2019): $531M with participation from Permira, General Atlantic, HV Holtzbrinck Ventures, Silver Lake Partners, European Investment Bank (EIB), TCV, and H14
Series G (2021): $650M led by General Atlantic, Technology Crossover Ventures, HV Capital, Canyon Partners, and Permira
Key Investors in FlixBus
Permira
Permira is a European private equity firm that invests in companies across various sectors, known for its global reach and focus on long-term value creation.
General Atlantic
General Atlantic is a global growth equity firm that provides capital and strategic support to high-growth companies, with a focus on sectors like technology and consumer.
HV Holtzbrinck Ventures
HV Capital is a venture capital firm that invests in technology and internet companies, often at early to growth stages, supporting innovative business models.
What's next for FlixBus?
With significant enterprise-level capital injections, FlixBus is strategically positioned for further scaling and innovation. The recent major strategic investment suggests a focus on expanding its network, potentially into new geographic markets or enhancing its technological infrastructure for a more seamless travel experience. This financing will likely fuel further development of sustainable transport solutions, including electric buses and trains, reinforcing its commitment to green mobility. The company's trajectory indicates a strong emphasis on consolidating its market leadership and exploring new avenues for growth within the global transportation industry.
See full FlixBus company page