Bahn Express
Cross-border automotive logistics platform for used cars.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | €920k | Seed | |
| Total Funding | 000k | ||
| EUR | 2024 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| % profit margin | 7 % |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Company filings or news article
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Bahn Express is a logistics technology company specializing in cross-border transportation for used cars across Europe. Founded in Helsinki, Finland, in late 2023 by Matias Blomberg and Atte Vesala, the company aims to significantly reduce vehicle delivery times. The founders, who have previous experience building an operations-heavy business together, identified inefficiencies in the traditional car transport market, where delivery can take 10-30 days.
The company's business model utilizes a technology platform and a network of over 300 qualified, independent drivers to fulfill delivery orders. This driver-based network allows Bahn Express to reduce delivery times to just 2-5 days, increasing stock turnover for dealerships by an estimated 30%. The service primarily targets used car dealerships, helping them mitigate losses from vehicle value depreciation and tied-up capital associated with long transport periods. Clients can place orders through an online portal which provides instant pricing, real-time vehicle tracking, and immediate access to transport documents (CMR) upon delivery. Revenue is generated through fees for these transportation services.
Since its inception, Bahn Express has experienced rapid growth, achieving over €150,000 in monthly revenue within its first year and completing more than 1,500 deliveries. The company has secured partnerships with major used car dealerships in Finland, covering a significant portion of the country's imported vehicle market. In February 2025, Bahn Express closed a €920,000 pre-seed funding round led by Innovestor and Trind Ventures, with participation from Wave Ventures and several angel investors. The firm plans to use the capital to expand its operations into Germany and other European markets.
Keywords: automotive logistics, car transport, cross-border logistics, vehicle delivery, used car market, freight transport, B2B logistics, logistics platform, supply chain technology, Finland, European car transport, driver network, Matias Blomberg, Atte Vesala, Innovestor, Trind Ventures