Tech Company Financing Transactions
Distribusion Funding Round
TQ Ventures and Lightrock joined a $80 million Series C funding round for Distribusion. The financing was announced by the company on 9/26/2024.
Transaction Overview
Company Name
Announced On
9/26/2024
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series C
Investors
TQ Ventures (Lead Investor)
Lightrock (Christopher Steinau)
Proceeds Purpose
The company intends to use the funds to accelerate global expansion and to invest in technology for advanced retailing capabilities for its 2,000+ carriers and retailers and the millions of travellers they serve.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Wattstraße 10
Berlin, 13355
Germany
Berlin, 13355
Germany
Phone
Website
Email Address
Overview
Distribusion is the technology platform providing access to ground transportation worldwide, enabling a better travel experience from search to settlement. We make ground transportation accessible. We believe any part of the travel journey should be bookable from anywhere and that booking ground transportation tickets should be as easy as booking a flight.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Thomas Doering
VP - Bus. Development
Johannes Thunert
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We do our best to report on every notable VC transaction. VC investment data records on this site come from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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