BusUp, the technology company specialized in managing corporate bus routes for employee commuting, has just closed its second funding round so far this year. This latest round, worth over €2 million, has been led by Bonsai Partners, a Spanish investment fund that now joins the company as a new shareholder.
Adding this deal to the capital already raised from other existing shareholders, BusUp has secured a total of €5 million in 2025. The funds will be used to strengthen the operational rollout of new contracts won, accelerate its expansion in Europe and the Americas, advance the development of its technology platform, and continue to roll out its strategy of applying artificial intelligence (AI). All of this aims to further optimize operations, drive innovation, and adapt its value proposition to the growing challenges of integrated, global corporate mobility.
Among BusUp’s clients are companies such as Amazon, Leroy Merlin, and Merlin Properties.
According to Andrés de la Morena, partner at Bonsai Partners, this investment will allow BusUp “to accelerate the roll-out for already secured clients and support a team that is shaping the future of sustainable corporate mobility.” He adds, “The company has achieved a significant leap in profitability this year, and its proven scalability will allow it to consolidate its position with a positive EBITDA.”
Since its founding in 2017, BusUp has transported over 20 million passengers, a figure it expects to increase to 30 million annually in the near future. The company currently has a client base of 140 companies and operates in Europe, South America, Central America, and the United States. BusUp forecasts €48 million in revenue by the end of 2025.
"Having the support of a partner like Bonsai Partners, one of Spain’s leading investment funds, confirms that we are on the right track and that BusUp’s model continues to inspire confidence and profitability in our growth and expansion plans," says Rui Stoffel, co-founder and CEO of BusUp.
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