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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

How Busbud.com is changing bus travel around the world [Video]

20 Jun

By making it easier for international travellers to search, compare and book their city-to-city bus tickets online, Busbud.com opens up a whole new market – and a brand new revenue stream – for its partners.

 

It’s not always easy to find the right bus ticket online when traveling abroad — or even in your home country for that matter. Often times, the simplest way to figure out your options is to make a trip to the local bus station and buy your ticket in person. On the other hand, it’s a lot easier to find a plane ticket or rent a car online.

 

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This is what LP Maurice, co-founder and CEO of Busbud, discovered in 2011 while backpacking across South America. He prefered travelling by bus, but in order to do so, he had to spend way too much time skimming through travel blogs and waiting in line at bus stations. “There must be a better way,” he thought. Busbud was born.

With more than a billion international tourists traveling the world each year, 80% of which plan their trip online, it was obvious that this was a huge opportunity.

Our mission at Busbud is to make long-distance bus travel as easy to plan and book online as any other mode of transportation.

Today, travellers can search, compare and book their bus tickets on the go on Busbud.com. It is the most comprehensive source of worldwide bus travel information, covering more than 10 000 cities in 90 countries, in many languages and currencies.

 

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We are actively working on expanding our partnership network with bus companies worldwide. If you think your company might be interested in becoming part of the Busbud family, do contact us at partner@busbud.com; we would love to hear from you!

 

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Brazil Bus Finder – Follow your World Cup team with Busbud

11 Jun

In Brazil for the World Cup? Book the right bus ticket to the next match using Busbud.com’s Brazil Bus Finder. Screenshot Busbud Brazil Bus Finder World Cup 2014 To celebrate the 2014 FIFA World Cup™, we’ve created a microsite dedicated to help soccer fans easily book their bus trips between the host cities across Brazil. On www.busbud.com/worldcup, you can filter bus routes and schedules by team or city, and book bus tickets for various companies online, directly on Busbud. Routes will be updated continuously based on the evolving World Cup match results.

Busbud Mobile - Brazil Bus Finder for World Cup 2014

In Brazil, buses are the main mode of long-distance transportation: they are clean, comfortable, run on time, and the main routes — between Rio de Janeiro and São Paulo, for example — are typically served many times a day. The thing is, finding the right bus online is often cumbersome, especially for international travellers. That’s why a few of us at Busbud got togetherand created a tool that simplifies the process of finding and booking city to city bus tickets. We hope it saves our fellow travellers and football fans a bit of time — and the extra trip to the bus station.

Ready? Search. Click. Gooooooooooooaaaaaaal! busbud-brazil-bus-finder-worldcup-2014

Busbud selected as Red Herring Top 100 North America finalist

22 May

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More good news! We’re glad to announce that Busbud was recently selected as a finalist for this year’s Red Herring Top 100 North America award. The distinction honours the year’s most promising private technology ventures from North America.

Red Herring has been selecting the most exciting and promising start-ups since 1995. Busbud is one of 10 companies in Canada and 2 in Quebec to be chosen in 2014. Fellow Montreal startup Wajam had made the list in 2012.

The startups in this list have been selected among a pool of hundreds of companies based across the US and Canada, in the fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and more. The selections for the 2014 edition of this award were based upon technological innovation, management strength, market size, investor record, customer acquisition and financial health.

Finalists are asked to present their winning strategies at the Red Herring North America Forum in Monterey, California.

Busbud Wins $25K “Best Investment” Prize at 2014 HBS New Venture Competition!

17 Apr

Busbud is pleased to announce that it was named the winner of the $25K “Best Investment” prize at the World final of the 2014 HBS Alumni New Venture Competition yesterday in Boston!

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Busbud beat out 13 other world finalist startups to win the prize, which was voted by a panel of investors. Busbud had been selected in March as a region finalist for Canada to participate in the final. In addition to the prize money, the company will also have the opportunity to attend the Rock 100 Entrepreneurship Summit in Boston on April 29-30th.

Check out below the Busbud intro video that was part of our application!

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Busbud Wins Canadian Final of 2014 HBS New Venture Competition!

14 Mar

Busbud is proud to announce that it was named the winner of the Canadian final of the 2014 HBS Alumni New Venture Competition last night in Toronto!

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Busbud will represent Canada at the worldwide final in Boston on April 29-30th, competing against 15 other regions from around the world for $75K in prize money. The company will also have the opportunity to attend the Rock 100 Entrepreneurship Summit in Boston.

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Busbud Selected in Top 20 Innovative Companies in Canada by CIX

11 Nov

CIX Top 20 Cover Photo

Busbud is pleased to announce that is has been named in the Top 20 hottest technology companies in Canada by the CIX.

The CIX Top 20 is an elite index of the most forward-looking companies in the Canadian innovation ecosystem, and connects the key players driving technology-based business both in Canada and beyond.

An expert panel of innovation leaders have selected the 20 technology companies from across Canada to be featured in a live showcase at CIX 2013, taking place November 21, 2013 at MaRS Discovery District in Toronto.

Busbud is happy to join fellow Montreal-based startups Breather, Plotly and Fabric Engine in this year’s Top 20.

Busbud joins Top 20 alums from Quebec such as Frank & Oak, Beyond The RackAcquisio, CoveoTungle and Wajam.

CIX Top 20

For more information, check out the official announcement.

CIX

Busbud Selected For 48 Hours In the Valley

8 Nov

Busbud is very excited to announce that it has been selected to participate in the 48 Hours in the Valley program in Silicon Valley!

48hrs in the Valley is the C100‘s flagship mentorship program put on in conjunction with the Canadian Consulate of San Francisco and Palo Alto.

Twice a year, the C100 invites 20 of Canada’s most promising startups to the Silicon Valley for two days of mentorship, workshops, investor meetings, strategic partner visits and networking.

 

The program is scheduled for December 2-4, 2013

For more information, check out the official announcement.

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Busbud selected to attend Brazil-Canada 3.0

7 Nov

Busbud has been selected by Brazil’s Comitê Gestor da Internet (CGI) and the Canadian Digital Media Network, as one of ten companies representing Canada at the Brazil-Canada 3.0 conference from December 4th – 6th, 2013.

The program will include opportunities to meet with potential customers and investors from Brazil, as well as the ability to learn about the Brazilian market from companies with experience in country. The Canadian and Brazilian companies will also take part in a pitch-off competition on December 3rd, with OpenText sponsoring the winning companies attendance at the Canada 3.0 conference, taking place in Calgary May 26th – 28th, 2014.

“This is a great opportunity for Busbud to enter the Brazilian market” said Kevin Tuer, Managing Director of the Canadian Digital Media Network, “Brazil is the seventh largest domestic IT market in the world, and as the host of the upcoming World Cup and 2016 Olympics there will be even greater opportunities going forward.”

Ricardo Sordre, CEO of the Brazilian accelerator Project-1, added “Many large Brazilian companies are in need of technologies that are not available in country, and Canadian companies can help fill that need in the fast-growth, high demand Brazilian market.“

Brazil represents an exciting new market for Busbud. “We are thrilled to participate in the event and eager to make new connections in Brazil with investors and partners alike!”, said LP Maurice, CEO of Busbud.

6Harmonics, ESL Explorer, fSONA Networks, Linquet, Magnet Forensics, Turnstyle, PO-MO, Xomo Digital and Zighra are the other companies chosen out of 164 applicants by a panel consisting of Ricardo Sodre (Project 1), Kevin Tuer (CDMN) and Sid Paquette, the Director of OMERS Ventures. The diverse group comes from across the country, and includes the retail, wireless, security, education and tourism sectors. The companies selected are high growth SMEs, with average revenue of $1.3 million that is projected to increase markedly over the next year through international expansion.

For more info, view the press release.

Canadian Digital Media Network

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Busbud at Fita 2013 in Mexico City

25 Sep busbud_fita

Busbud will be at Fita 2013 from September 26th to 29th

The best part of building a worldwide bus station is that we get to travel a lot.

This week we are in Mexico City for the International Tourism Fair of the Americas (Fita) 2013, and we are excited to meet current and future partners, each and every one of them helping Busbud make it easier and friendlier for travellers to discover the wonders of Mexico by bus.

Fita 2013, hosted by Mexico City, is a world-class international Tourism Fair that brings together tourism industry professionals from all over the world for the promotion and commercialization of touristic products and destinations. It also aims to generally foster new business and investments and enhancing the tourism positioning of Mexico City.

We can’t wait!

Busbud will also be traveling the country in the next few days. If you would like to meet us, let us know at pr@busbud.com; we always like to make new travel buddies.

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