About BusUp
BusUp is a company based in Barcelona (Spain) founded in 2016 by Danilo Tamelini, Rui Stoffel Fernandes, Eva Romagosa, and Alejandro Canals.. BusUp has raised $25.5 million across 7 funding rounds from investors including FinAccess, European Union and Proeza Ventures. BusUp operates in a competitive market with competitors including Shotl, among others.
- Headquarter Barcelona, Spain
- Founders Danilo Tamelini, Rui Stoffel Fernandes, Eva Romagosa, Alejandro Canals
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.5 M (USD)
in 7 rounds
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Latest Funding Round
$2.35 M (USD), Series B
Jul 08, 2025
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Investors
FinAccess
& 9 more
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Employee Count
Employee Count
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Funding Insights of BusUp
BusUp has successfully raised a total of $25.5M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $2.35 million completed in July 2025. 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 7
- Last Round Series B — $2.3M
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First Round
First Round
(01 Mar 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series B - BusUp | Valuation | Bonsai Partners |
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| May, 2025 | Amount | Series B - BusUp | Valuation | TGV |
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| Nov, 2024 | Amount | Series B - BusUp | Valuation | Liil Ventures , FINAVES |
| 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 BusUp
BusUp has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include FinAccess, European Union and Proeza Ventures. 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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Founded Year | Domain | Location | |
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Venture capital firm investing in smart city & mobility sectors
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Founded Year | Domain | Location | |
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VC firm investing globally
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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 BusUp
| 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 |
Financial Statements - BusUp
| 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 |
Busup Comparisons
Competitors of BusUp
BusUp 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 Shotl, 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 |
Shared urban transport is booked through an app for commuters.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Busup
Frequently Asked Questions about BusUp
When was BusUp founded?
BusUp was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is BusUp located?
BusUp is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Who is the current CEO of BusUp?
Rui Stoffel Fernandes is the current CEO of BusUp. They have also founded this company.
Is BusUp a funded company?
BusUp is a funded company, having raised a total of $25.5M across 7 funding rounds to date. The company's 1st funding round was a Series B of $13.93M, raised on Mar 01, 2017.
What does BusUp do?
BusUp was founded in 2016 in Barcelona, Spain, as an online platform in the transportation sector. Shuttle services for office commutes, university transfers, and school routes are facilitated for users. A management platform is offered to optimize transport operations, including route planning and customer retention. Features such as real-time tracking and in-vehicle Wi-Fi are provided, with a mobile app available on Android and iOS.
Who are the top competitors of BusUp?
BusUp's top competitors include Shotl.
Who are BusUp's investors?
BusUp has 10 investors. Key investors include FinAccess, European Union, Proeza Ventures, Liil Ventures, and Autotech Ventures.