About Kolors
Kolors is a company based in Ciudad Hidalgo (Mexico) founded in 2020 by Anca Gardea and Rodrigo Martinez. It operates as a On-Demand Services, and Direct-to-Consumer (D2C). Kolors has raised $20 million across 1 funding round from investors including UP Partners, Maniv Mobility and Toyota Ventures. Kolors has completed 1 acquisition, including Urbvan. Kolors offers products and services including Bus Travel and Premium Economy Bus. Kolors operates in a competitive market with competitors including redBus, Transpais and Busolinea, among others.
- Headquarter Ciudad Hidalgo, Mexico
- Founders Anca Gardea, Rodrigo Martinez
-
Sectors
Travel & HospitalityTransportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$20 M (USD)
in 1 rounds
-
Latest Funding Round
$20 M (USD), Series A
Jun 03, 2022
-
Investors
UP Partners
& 11 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Kolors
Kolors offers a comprehensive portfolio of products and services, including Bus Travel and Premium Economy Bus. 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.
Bus travel services are provided at competitive prices.
Premium economy bus travel is offered for comfort.
Unlock access to complete
Funding Insights of Kolors
Kolors has successfully raised a total of $20M through 1 strategic funding round. The most recent funding activity was a Series A round of $20 million completed in June 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 1
- Last Round Series A — $20.0M
-
First Round
First Round
(03 Jun 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Kolors | Valuation | UP Partners |
| 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 Kolors
Kolors has secured backing from 12 investors, including venture fund investors. Prominent investors backing the company include UP Partners, Maniv Mobility and Toyota 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 |
|---|---|---|---|---|
|
Investments in mobility sectors are made by UP Partners.
|
Founded Year | Domain | Location | |
|
Early-stage tech and offline focused VC firm investing in Israel and the US
|
Founded Year | Domain | Location | |
|
Venture capital firm and infrastructure firm investing in multiple sectors
|
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 Kolors
Kolors has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Urbvan. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Shared van transportation services are aggregated via mobile app.
|
2016 |
| 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 - Kolors
| 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 |
Kolors Comparisons
Competitors of Kolors
Kolors 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, Transpais and Busolinea, 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.
|
|
| domain | founded_year | HQ Location |
Offers an app-based platform for easy bus ticket booking.
|
|
| domain | founded_year | HQ Location |
Operates an online marketplace for booking bus tickets efficiently.
|
| 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.
|
Frequently Asked Questions about Kolors
When was Kolors founded?
Kolors was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Kolors located?
Kolors is headquartered in Ciudad Hidalgo, Mexico. It is registered at Ciudad Hidalgo, Chiapas, Mexico.
Who is the current CEO of Kolors?
Rodrigo Martinez is the current CEO of Kolors. They have also founded this company.
Is Kolors a funded company?
Kolors is a funded company, having raised a total of $20M across 1 funding round to date. The company's 1st funding round was a Series A of $20M, raised on Jun 03, 2022.
What does Kolors do?
Bus travel services are offered by Kolors across various destinations in Mexico. The company focuses on providing affordable and comfortable transportation solutions through premium economy buses. Key locations such as Veracruz, Puebla, Mexico City, and Guadalajara are served with conveniently located origin and destination points. Digital booking and payment flexibility are emphasized, allowing reservations to be made online with options for card or cash payments. Customer support is available 247 to assist users, ensuring a reliable travel experience in the ground transportation sector.
Who are the top competitors of Kolors?
What products or services does Kolors offer?
Kolors offers Bus Travel and Premium Economy Bus.
How many acquisitions has Kolors made?
Kolors has made 1 acquisition, including Urbvan.
Who are Kolors's investors?
Kolors has 12 investors. Key investors include UP Partners, Maniv Mobility, Toyota Ventures, K5 Global, and Tuesday Capital.