FlixMobility has raised a reported $561m in series F funding co-led by TCV and Permira, securing capital for the first time since a Daimler-backed round in 2016.
FlixMobility, a Germany-based travel services provider backed by automotive manufacturer Daimler, yesterday scored a series F round sized, according to Reuters, at €500m ($561m).
Growth equity firms TCV and Permira co-led the round, which also featured firm HV Holtzbrinck Ventures and European Investment Bank.
Founded in 2013, FlixMobility operates inexpensive long-distance travel services – a coach service called FlixBus and a railway offering called FlixTrain. The company will use the cash to launch additional services, including ridesharing platform FlixCar.
FlixMobility…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
