BusUp

BusUp is a mobility service provider that specializes in efficient and flexible corporate commuting services. Founded in 2016, the company operates a shared corporate shuttle service that enables companies of all sizes to offer sustainable and cost-effective transportation solutions for their employees. BusUp's unique business model involves aggregating demand from multiple companies and consolidating routes, allowing them to optimize utilization and reduce costs by up to 40%.

The company does not own any vehicles but instead partners with traditional bus operators, providing them with technology and a digital platform to streamline operations. This approach allows BusUp to offer a seamless and technology-driven service without the need for significant capital investments. As of November 2022, BusUp was fully operational in the US, Europe, and Latin America, serving major corporations such as Accenture, Roche, Siemens, Cognizant, Nestlé, DXC Technologies, Louis Vuitton, and DHL.

BusUp's innovative solution addresses several challenges faced by companies and employees alike. By offering a comfortable and reliable commuting option, BusUp helps companies attract and retain talent, particularly in areas with limited public transportation. Additionally, the service promotes sustainability by reducing the number of vehicles on the road, thereby lowering emissions and contributing to decongestion efforts.

Since its inception, BusUp has worked with over 150 operators and served over 100 clients, transporting over 500,000 passengers globally. The company's technology includes features such as demand forecasting, route optimization, contact tracing, and seamless integration with operators and clients. In February 2021, BusUp raised a USD 6 million Series A funding round led by Proeza Ventures, a Latin American mobility investment firm, and Autotech Ventures, an investor in companies like Lyft and Volta Charging.