The Road Ahead

9 Jul

Busbud office

Today, Busbud is proud to announce the closing of a $9M Series A funding round co-led by OMERS Ventures and Revolution Ventures, with participation from iNovia Capital and Real Ventures.

This is a special milestone for our team at Busbud. We are very proud of the road travelled so far and grateful for all the support we’ve received in the past few years. We’ve come a long way since our humble beginnings when our founding team worked from my basement and living room.

The investment will help us further fulfill our mission: to make bus travel easy around the world. When I visited South America in 2011, I realized the bus booking experience could be greatly simplified, especially for international travellers. We’ve been at hard work solving this challenge ever since. This new round will allow us to keep improving our product, grow the team and expand our coverage to new markets.

I would like to personally thank all our bus operator partners and travellers who have trusted us since the start. With the help of our partners, we will continue to offer a smart mobility solution that makes it easy for travellers everywhere to roam the planet by bus. In addition to being budget-friendly, the bus is one of the greenest forms of transport available and we are proud to keep promoting its benefits.

I’d also like to thank each member of our amazing team. To my co-founders, to our early team members who joined us two years ago and to those who joined the team just last week, I appreciate your trust and dedication. It’s a pleasure to wake up every morning and work on hard problems together with you. Thanks also to the many investors and advisors who were early believers in the market opportunity and stood beside us to help us realize our vision. There is still a long road ahead, but we would not be here today without you.

Finally, I’d like to offer a special thanks to the Montreal startup ecosystem. While our service is used in various parts of the world, most of the Busbud team is proudly based in Montreal, Canada. Countless members of our ecosystem – which really feels like a family more than an ecosystem on most days – have generously helped us, opened doors and taught us what it took to build a great company. We are grateful and indebted for your continued support.

We’re excited about the future and happy to have you all onboard with us for the ride.

Want to work with a great team on exciting challenges? We’re hiring. Follow us on Twitter or Facebook for the latest Busbud updates.

LP Maurice (@lpmo)
CEO & Co-Founder, Busbud

Busbud team photo on July 2014

Photo credit: Andrew Budyk & Alain Wong

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