Distribusion raises $80m Series C led by TQ Ventures to drive global expansion

Distribusion, the world’s leading B2B ground transportation marketplace, announced its heavily oversubscribed $80 million Series C funding round led by TQ Ventures, with super pro rata participation from existing investor Lightrock. The Berlin-headquartered company will use the funds to accelerate global expansion and to invest in technology for advanced retailing capabilities for its 2,000+ carriers and retailers and the millions of travellers they serve.

Dr. Thomas Doering, CEO at Distribusion, commented: ”With only 10% of the world’s population having access to private vehicles, we already see infrastructure stretched and environmental exhaustion, getting mass transport right for the future is imperative. We need to change the way we deliver mass transport. Distribusion has proven it can play a crucial role in driving accessibility worldwide”.

Distribusion is the preeminent technology company building digital infrastructure for ground transportation retailing worldwide. Ground transportation spans all scheduled mass transport from bus, rail, and ferry, to public transport. Distribusion operates globally with a presence in 70 markets, with the majority now outside Europe. Distribusion has the largest rail portfolio, covering all major European rail carriers from Deutsche Bahn and SNCF to Trenitalia, major global players like Amtrak and Brightline in the US, and in Asia with the likes of Indonesian and Vietnam Rail.

On the distribution side, Distribusion holds established partnerships with the dominant names in travel such as Google, Booking.com, and Alipay, to name a few. With the new funding, Distribusion will continue to bring retailers, both leisure and corporate, the broadest content range at the highest technical quality, fully standardised and available via a single API or booking engine. Distribusion provides carriers with access to millions of new customers to increase sales, and the most advanced retail tooling to enable them to achieve market-beating margins through, for example, dynamic offers management and ancillaries.

Schuster Tanger, Co-Managing Partner at TQ Ventures, commented: “We have followed and greatly admired Distribusion for over two years now. Thomas and the team have built a product-first company spearheading technology innovation in ground transportation with durable competitive advantages. Distribusion is highly regarded by its partners for the value it creates. We are thrilled to provide the business with the capital to build the category champion and revolutionize ground transportation”.

Chris Steinau, Partner at Lightrock, added: “Since leading the Series B in 2022, Distribusion has executed phenomenally well, expanding to the Americas and Asia, growing tenfold and achieving cash profitability. Distribusion creates a positive environmental and social impact by promoting and making access to ground transportation easy, aligning with our mission to support purpose-driven companies tackling climate change.”