Busbud Raises $11 Million in Series B Funding

Busbud, an online marketplace that enables global travelers to shop for and book intercity bus tickets, today announced the close of $11 million in series B funding. The round was led by iNovia Capital and included new investors Teralys, Claridge and Plaza Ventures, as well as Real Ventures. The round also included funds from new investors Erik Blachford, former CEO of Expedia, and Philippe Vimard, former CTO/COO of publicly-listed eDreams/ODIGEO Travel Group and current CTO of Doctolib, the top booking platform for doctors in Europe.

Busbud, which is available in 11 languages, provides a convenient and secure booking website and app that offer the ability to search, compare and buy tickets from more than 1,300 bus companies in 16,000 cities across 75 countries, supporting transactions in 30 different currencies. The funding capital will be used to fuel technology development, expand the team and accelerate geographic expansion.