Kinetic

Melbourne, Australia Founded: 1978 • Age: 48 yrs Acquired By TPG
Bus services are operated across Australia by Kinetic.
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About Kinetic

Kinetic is a company based in Melbourne (Australia) founded in 1978 by Michael Sewards and Adam Begg was acquired by TPG in November 2025. It operates as a Managed Services, and Mobility-as-a-Service. Kinetic has completed 9 acquisitions, including Crawn Motors, Dingo Bus and Go Bus Transport. Kinetic offers products and services including Public Bus Services, Public Rail Services, School Bus Services, and Airport Bus Services.

  • Headquarter Melbourne, Australia
  • Founders Michael Sewards, Adam Begg
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Kinetic Group
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $50 M (USD), Debt – Conventional

    Mar 27, 2023

  • Investors
    TPG

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    TPG

    (Nov 18, 2025)

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Products & Services of Kinetic

Kinetic offers a comprehensive portfolio of products and services, including Public Bus Services, Public Rail Services, School Bus Services, and Airport Bus Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Public bus services are operated across multiple regions.

Rail services are provided in various global locations.

School bus services are managed for student transport.

Airport bus services are offered for traveler convenience.

People of Kinetic
Headcount 10000+
Employee Profiles 2
Employee Profiles
People
Calum Haslop
Managing Director New Zealand

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Teams

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Funding Insights of Kinetic

  • Total Funding
  • Total Rounds 1
  • Last Round Debt – Conventional — $50.0M
  • First Round

    (27 Mar 2023)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Debt – Conventional - Kinetic Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Kinetic

Kinetic has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TPG and New Zealand Green Investment Finance. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment is accelerated for New Zealand’s low carbon future.
Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Kinetic

Kinetic has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include Crawn Motors, Dingo Bus and Go Bus Transport. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online bus booking with reserved seats, regular offers, and discounts for early birds
2023
Buses are operated for school transport and tours in Tasmania.
2010
Passenger transportation services are provided across urban and specialized sectors.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Kinetic

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Kinetic Comparisons

Employees
+
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Competitors of Kinetic

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Kinetic

Frequently Asked Questions about Kinetic

When was Kinetic founded?

Kinetic was founded in 1978 and raised its 1st funding round 45 years after it was founded.

Where is Kinetic located?

Kinetic is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Who is the current CEO of Kinetic?

Michael Sewards is the current CEO of Kinetic. They have also founded this company.

What does Kinetic do?

Kinetic is established as a leading operator of bus and rail networks across Australia, New Zealand, the UK, Europe, and Singapore. Services are provided in urban, regional, school, and charter categories, with a significant presence in public transportation. Operations are extended through partnerships with governments and communities. A commitment to sustainability is demonstrated through initiatives like electric bus fleets targeting net zero emissions. Diversity and inclusion are prioritized, alongside community engagement efforts. Growth is pursued globally with a focus on enhancing connectivity and opportunity for future generations.

What products or services does Kinetic offer?

Kinetic offers Public Bus Services, Public Rail Services, School Bus Services, and Airport Bus Services.

How many acquisitions has Kinetic made?

Kinetic has made 9 acquisitions, including Crawn Motors, Dingo Bus, and Go Bus Transport.

Who are Kinetic's investors?

Kinetic has 2 investors. Key investors include TPG, and New Zealand Green Investment Finance.

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