Snapbus
Rent busses online and travel CO2 neutral!.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
€1.0m | Seed | ||
| Total Funding | 000k | ||
| EUR | 2018 | 2019 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
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Snapbus GmbH operates as a digital platform for booking charter buses, targeting the multi-billion euro occasional transport market in Germany and greater Europe. The company was established in 2017 by founders Yannic Müller, Florian Obeloer, and Benedikt Kolbinger. The idea originated from Kolbinger's experience organizing a ski trip during his studies, where he identified the highly analog nature of the bus charter industry. Initially launched as "snabBus" and focused on North Rhine-Westphalia, the company rebranded to Snapbus in early 2020 to resolve brand confusion and facilitate expansion.
The firm's business model centers on providing an automated, online comparison and booking platform. This service connects customers seeking transport for events like company outings, school trips, and conferences with a network of established bus operators. For customers, the platform streamlines the booking process, offering transparent price calculations and eliminating the need for phone or email inquiries. For the partner bus companies, it provides a digital channel to acquire customers and optimize fleet utilization. Snapbus was venture-backed, receiving early-stage funding in 2018 from investors including STS Ventures and TS Ventures.
A significant milestone occurred on July 28, 2021, when Deutsche Bahn (DB) acquired Snapbus, integrating it into its DB Regio Bus division. Following the acquisition, Snapbus now operates under the DB BusCharter brand alongside BEX, a long-standing Berlin-based bus operator with its own fleet. This strategic combination merges Snapbus's digital booking technology with BEX's extensive operational experience and physical assets. The platform now functions as a key digital service for DB Regio Bus, handling event logistics and transport solutions for both internal DB needs and external clients across Germany.
Keywords: bus charter, event logistics, B2B2C, group transport, digital booking platform, mobility tech, occasional transport, Deutsche Bahn, transport logistics, fleet management