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- Distribusion Technologies
Distribusion Technologies Funding, Investors & Competitors
Distribusion Technologies has raised $120M across 4 funding rounds, most recently a $80M Series C in September 2024.
Last Distribusion Technologies funding round
$80M
Series C · Sep 2024
Cumulative funding Distribusion Technologies raised
$120M
across 4 funding rounds
Key investors in Distribusion Technologies
Northzone
Creandum
Lightrock
HR Ventures
BFB Fruehphasenfonds
TQ Ventures
bmp VenturesEIT Digital Accelerator
About Distribusion Technologies
Distribusion Technologies is a technology provider for ground transportation connecting bus, rail, ferry, and public transport operators to global retailers. Berlin-headquartered, the platform links carriers like Amtrak, Deutsche Bahn, National Express, and Vietnam Railways with sales channels including Google, Booking.com, Trainline, and Amadeus via a single API for ticket retailing.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission, Subscription
Distribusion Technologies Funding History
Distribusion Technologies has raised a total of $120M across 4 funding rounds.
Distribusion Technologies' first fundraising round was a $2M seed round in April 2015. The most recent completed round was a $80M Series C in September 2024.
Distribusion Technologies funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2024 | Series C | TQ Ventures (lead); Lightrock | $80M | Distribusion Technologies is a Berlin-headquartered B2B ground transportation marketplace and technology provider that connects over 2,000 carriers—including Deutsche Bahn, SNCF, Trenitalia, Amtrak, National Express, and operators in Asia and Africa—with retailers such as Google, Booking.com, Alipay, Expedia, and Omio via a single API or booking engine. The platform offers digital infrastructure for retailing bus, rail, ferry, and public transport in 70 markets, mostly outside Europe, enabling advanced features like dynamic pricing, ancillaries, and standardized content to boost carrier sales and retailer margins. On September 26, 2024, Distribusion closed a heavily oversubscribed $80 million (€71.7M-€80M equivalent) Series C funding round led by TQ Ventures, with super pro-rata participation from existing investor Lightrock, following their €30 million Series B lead in 2022. The capital will fuel global expansion into the Americas, Asia, and beyond, while enhancing technology for retailing capabilities serving millions of travelers. Latham & Watkins advised TQ Ventures on the deal. Since the Series B, Distribusion has grown tenfold, expanded geographically, added partners like Megabus, Brightline, and Kenyan operators, and reached cash profitability, as noted by Lightrock's Chris Steinau. TQ Ventures' Schuster Tanger praised the company's product innovation and competitive moats in ground transport. CEO Dr. Thomas Doering emphasized addressing mass transport accessibility amid infrastructure and environmental challenges, positioning Distribusion to revolutionize the sector. |
| Jun 2022 | Series B | Lightrock (lead); Creandum; Northzone | $32M | Distribusion Technologies is a Berlin-headquartered B2B ground transportation marketplace providing digital infrastructure for retailing bus, rail, ferry, and public transport tickets across 70 markets worldwide. It connects nearly 2,000 carriers including Deutsche Bahn, SNCF, Trenitalia, Amtrak, and Asian rail operators with over 150 distribution partners such as Booking.com, Google, Expedia, and Omio via a single API, enabling standardized access without individual contracts. The platform offers carriers advanced retailing tools like dynamic pricing and ancillaries to boost sales and margins. In June 2022, Distribusion raised approximately $31.5 million (or €30 million) in its Series B funding round led by Lightrock, with participation from existing investors Creandum and Northzone. This followed earlier rounds including a Series Seed in 2015 ($1.4M) and Series A in 2016 ($6.8M). The funds supported expansion into new markets like the Americas and Asia. By September 2024, Lightrock noted the company had grown tenfold post-Series B and achieved cash profitability. In September 2024, Distribusion announced a heavily oversubscribed $80 million Series C led by TQ Ventures, with super pro-rata participation from Lightrock, to accelerate global expansion and enhance retailing technology for its partners serving millions of travelers. The company promotes sustainable mass transport accessibility, addressing infrastructure and environmental challenges as only 10% of the global population owns private vehicles. |
| Mar 2016 | Series A | Creandum (lead); Northzone (lead); BFB Fruehphasenfonds; Bo Mattsson; EIT Digital Accelerator; HR Ventures; Richard Chen; Chris Hitchen; Marc Mogalle | $7M | Distribusion Technologies raised €6 million in a Series A funding round on March 17, 2016, led by Creandum and Northzone, with participation from existing seed investors HR Ventures and Frühphasenfonds Brandenburg, as well as business angels including Bo Mattsson, Chris Hitchen, Marc Mogalle, and Richard Chen. The Berlin-based company operates a global distribution system for intercity and shuttle bus products, enabling bus operators to connect with travel resellers such as agencies, websites, and mobility apps via API, white-label solutions, and widgets. At the time, Distribusion partnered with over 55 bus operators across 25 European countries and served resellers reaching 10 million monthly unique visitors plus 4,000 travel agencies. The funding supported accelerated product and technology development, integration of new bus operators and resellers, team expansion to triple size in Berlin and Bonn by end of 2016, and market expansion into South America and Southeast Asia. EIT Digital Accelerator assisted in preparing the round by connecting the company with relevant investors. Distribusion positioned itself to digitize and standardize ground transportation distribution, addressing cumbersome offline processes in a market larger than air passenger transport. |
| Apr 2015 | Seed | BFB Fruehphasenfonds (lead); bmp Ventures; HR Ventures | $2M | - |
Who has invested in Distribusion Technologies?
12 investors have backed Distribusion Technologies across its funding rounds, including Northzone, Creandum, Lightrock, HR Ventures, BFB Fruehphasenfonds and TQ Ventures.
Lead investors include TQ Ventures, Lightrock, Creandum, Northzone and BFB Fruehphasenfonds.
Distribusion Technologies Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Apr 2015 | ||
| 2 | Lead | Mar 2016 | ||
| 2 | Participant | Apr 2015 | ||
| 2 | Lead | Jun 2022 | ||
| 2 | Lead | Mar 2016 | ||
| 1 | Participant | Apr 2015 | ||
| 1 | Participant | Mar 2016 | ||
| 1 | Participant | Mar 2016 | ||
| 1 | Participant | Mar 2016 | ||
| 1 | Participant | Mar 2016 | ||
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialDistribusion Technologies Competitors
Distribusion Technologies competitors include listed companies like TravelSky, ServiceTitan, Amadeus and Full Truck Alliance, and private ones like IBS Software Services and Flexport.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $270M | $90M | $1.4B | 5.4x | ||
| Publicly listed | $1.3B | $518M | $3.2B | 0.9x | ||
| Publicly listed | $961M | ($86M) | $5.2B | 4.5x | ||
| Publicly listed | $7.5B | $2.9B | $27B | 3.8x | ||
| Publicly listed | $1.9B | $676M | $8.4B | 2.8x | ||
| Private | $471M | - | $8B | - |
Distribusion Technologies Public Comps
Distribusion Technologies is still privately-owned, but its public comps include Roper Technologies, Dassault Systemes, Amadeus, Aristocrat Leisure, Manhattan Associates, Full Truck Alliance, WiseTech Global, Zhuzhou CRRC Times, Descartes Systems Group and WEX.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.9B | $3.2B | 6.1x | 5.7x | 15.2x | 14.6x | |||
| $7.2B | $2.2B | 4.0x | 4.0x | 13.2x | 11.2x | |||
| $7.5B | $2.9B | 4.0x | 3.8x | 10.4x | 10.0x | |||
| $4.5B | $1.7B | 6.0x | 6.2x | 15.5x | 14.6x | |||
| $1.1B | $288M | 11.2x | 10.6x | 42.2x | 29.7x | |||
| $1.9B | $676M | 2.8x | 2.8x | 7.6x | 6.9x | |||
| $779M | $315M | 12.3x | 6.8x | 30.5x | 14.4x | |||
| $4.3B | $710M | 1.9x | 1.8x | 11.2x | 8.5x | |||
This data is available for Pro users. Sign up to see all Distribusion Technologies competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Distribusion Technologies
| When was Distribusion Technologies founded? | Distribusion Technologies was founded in 2012. |
| Where is Distribusion Technologies headquartered? | Distribusion Technologies is headquartered in Berlin, Germany. |
| Is Distribusion Technologies publicly listed? | No, Distribusion Technologies is a private, VC-backed company. |
| How much funding has Distribusion Technologies raised? | Distribusion Technologies has raised $120M across 4 funding rounds. |
| What was Distribusion Technologies' last funding round? | Distribusion Technologies' last funding round was a $80M Series C in September 2024, led by TQ Ventures. |
| Who are Distribusion Technologies' investors? | Distribusion Technologies' investors include BFB Fruehphasenfonds, Creandum, HR Ventures, Lightrock, Northzone, bmp Ventures, Bo Mattsson, EIT Digital Accelerator, Richard Chen, Chris Hitchen and 2 others. |
| Which companies are comparable to Distribusion Technologies? | Companies comparable to Distribusion Technologies include IBS Software Services, TravelSky, ServiceTitan, Amadeus, Full Truck Alliance and Flexport. |
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