About Busbud
Busbud is a company based in Montreal (Canada) founded in 2011.. Busbud has raised $45.99 million across 6 funding rounds from investors including FJ Labs, BDC and Export Development Canada. Busbud has completed 4 acquisitions, including Buson, NeredenNereye.com and Ratality. Busbud operates in a competitive market with competitors including redBus, Treepz, Bazargah and Kasper Transportation, among others.
- Headquarter Montreal, Canada
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Sectors
Travel & HospitalityTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Funding Insights of Busbud
Busbud has successfully raised a total of $45.99M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $10.99 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $11.0M
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First Round
First Round
(30 May 2013)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series C - Busbud | Valuation | WIND Ventures | |
| Sep, 2020 | Amount | Series C - Busbud | Valuation | Canadian Business Growth Fund , Invest Quebec | |
| Sep, 2018 | Amount | Series B - Busbud | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Busbud
Busbud has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include FJ Labs, BDC and Export Development Canada. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Growth capital investments are made by this private equity firm.
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Founded Year | Domain | Location | |
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Investments are made by K3 Ventures in early-stage technology startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Busbud
Busbud has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Buson, NeredenNereye.com and Ratality. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Saas-enabled platform offering software solutions for coach rental and employee transport management services
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2017 | ||||
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App-based platform for purchasing bus tickets
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2013 | ||||
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SaaS platform for bus operators in Chile is offered.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Busbud
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Busbud Comparisons
Competitors of Busbud
Busbud operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as redBus, Treepz, Bazargah and Kasper Transportation, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Bus tickets are booked online via portal and mobile app.
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| domain | founded_year | HQ Location |
Bus tickets are booked via a mobile app platform.
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| domain | founded_year | HQ Location |
Delivers an app-based platform for easy bus ticket booking and travel management.
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| domain | founded_year | HQ Location |
Offers bus ticketing, charters for events, and tour packages in Canada.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Busbud
Frequently Asked Questions about Busbud
When was Busbud founded?
Busbud was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is Busbud located?
Busbud is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Busbud a funded company?
Busbud is a funded company, having raised a total of $45.99M across 6 funding rounds to date. The company's 1st funding round was a Series B of $2M, raised on May 30, 2013.
What does Busbud do?
Busbud was founded in 2011 in Montreal, Canada, as an app-based platform in the travel sector. Intercity bus tickets are booked by users through the app, where source, destination, and passenger details are entered. Features such as real-time tracking and route planning are included. The application is accessible on both Android and iOS devices, supporting operations across various regions.
Who are the top competitors of Busbud?
How many acquisitions has Busbud made?
Busbud has made 4 acquisitions, including Buson, NeredenNereye.com, and Ratality.
Who are Busbud's investors?
Busbud has 16 investors. Key investors include FJ Labs, BDC, Export Development Canada, WIND Ventures, and Canadian Business Growth Fund.