Transport app FlixMobility reported on Thursday a 37% increase in passenger numb...
BERLIN - Transport app FlixMobility reported on Thursday a 37% increase in passenger numbers last year, as Germany’s best-funded tech startup claimed the mantle of the world’s biggest provider of intercity bus services.
The company, launched in 2013, attracted the largest funding round to date by a German startup last July, raising around 500 million euros from investors led by TCV and Permira, valuing it at more than 2 billion euros. FlixMobility launched coach services in the United States in 2018, challenging the veteran Greyhound brand, and now serves 100 destinations from coast to coast.FlixMobility’s backers include Holtzbrinck Ventures, the European Investment Bank, General Atlantic, Silver Lake and German carmaker Daimler.
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