Fundraising Fox

Flixbus

Unicorn · $3B

5 known investors

Flix operates FlixBus, an asset-light collective travel network that connects communities and regions through affordable intercity coach service, working with local SME operators. The company markets its services to passengers as a lower-emission alternative to private cars and planes, with operations worldwide.

Also known as Flix · Flix SE · FLiXBUS · FlixMobility · FlixMobility GmbH

Founders & leadership

ASAndré Schwämmlein
André SchwämmleininFounder & CEOFounder at Flix
DKDaniel Krauss
Daniel KraussinFounder & CIO
BG
Benjamin GubitzinCFO
MZ
Max ZeumerinCCO
FSFabian Stenger
Fabian StengerinCOO

Investors · 5

Also in the syndicate · 4

General AtlanticMercedes-Benz GroupSilverLakeTechnical University of Munich

Valuation · disclosed

Disclosed events
$3Bvaluation at Series GJun 2021
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

FlixBus is a German intercity bus brand offering coach services in 45 countries across Europe, North America, South America, Asia and Oceania, with over 300,000 daily connections. It is owned by Flix SE, which also operates FlixTrain, Kâmil Koç and Greyhound Lines. In some cases FlixBus operates buses itself, but in many cases it handles only network planning, scheduling, pricing, booking, marketing and customer service in exchange for a commission from partner operators. By 2026 Flix served more than 8,700 destinations with 4,700 buses supplied by over 1,000 bus partners, plus 15 trains in Germany.

Customers book through the FlixBus website, the FlixBus app, FlixShops and official ticket resellers, receiving mobile tickets and live journey tracking. Bookings can be changed or cancelled online up to 15 minutes before departure. Onboard and ancillary services include free Wi-Fi, power sockets, reclining seats, onboard toilets, seat reservations, excess and bulky baggage options, bicycle carriage on many routes, and accommodations for passengers with reduced mobility. The company's consumer sites are localized into dozens of languages and country-specific storefronts covering markets from Albania and Australia to the United States.

In Mexico, where service began in May 2025, the network links northern and central hubs such as Mexico City, Monterrey, Querétaro, San Luis Potosí, Torreón, León, Aguascalientes, Nuevo Laredo, Reynosa and Tijuana, positioned on low fares, modern coaches and connectivity.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Adjusted EBITDAJan 2023€104 million (5.2% margin)
Bus and train partnersJan 2019300 partners
Bus partnersJan 20261,000 partner operators
Buses in networkJan 20264,700 buses
Countries servedJan 202645
Cumulative passengers servedJan 2026500,000,000 passengers
Daily connectionsJan 2026300,000 connections per day
Destinations in North AmericaJan 20251,600 destinations
Destinations servedJan 20268,700 destinations
Global destinations advertisedJan 20258,000 destinations
Passengers carriedJan 2023$81M
Total revenueJan 2023€2 billion
Trains operated in GermanyJan 202615 trains

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 25

launches, deals, and filings
Jan 2026
Majority stake acquired in airport bus operator Flibco

FlixBus acquired a majority stake in Flibco, which offers bus service to and from airports, from SLG; SLG retained a minority stake.

source ↗

Nov 2025
Launch of services in Australia

FlixBus began operating in Australia between Central railway station in Sydney, the Jolimont Centre in Canberra and Southern Cross railway station in Melbourne, with services run by Deanes Coaches and the Donric Group.

source ↗

May 2025
Service launched in Mexico

source ↗

Jul 2024
EQT AB and Kuehne + Nagel acquire 35% stake for €1 billion

EQT AB and Kuehne + Nagel acquired a 35% stake in the company for €1 billion; as part of the round Porsche invested a 'low double-digit million' euro amount.

source ↗

Mar 2024
First electric bus launched in the UK

FlixBus launched its first electric bus with service between Newport and Bristol.

source ↗

Jan 2024
Launch in India across 46 cities

FlixBus launched services in India in early 2024, connecting 46 cities through a network of 59 stops and more than 200 connections.

source ↗

Jan 2023
Service launched in Chile

source ↗

Apr 2022
Conversion from GmbH to SE and renaming to Flix SE

source ↗

Jan 2022
Service launched in Canada

source ↗

Oct 2021
Acquisition of Greyhound Lines from FirstGroup for $78 million

FlixBus acquired Greyhound Lines from FirstGroup for $78 million, extending the network to over 1,600 destinations in the US and Canada.

$78M source ↗

Jun 2021
FlixMobility raises more than $650M in Series G at $3B valuation

FlixMobility announced over $650 million in new funding, a mix of equity and debt, valuing the business at $3 billion. The oversubscribed Series G included new investor Canyon Partners, existing investors General Atlantic, Permira, TCV, HV Capital, BlackRock, Baillie Gifford and SilverLake, and the founders. Proceeds were earmarked for network expansion in the US and Europe and for platform technology.

$650M source ↗

Jan 2021
Entry into Latin America with services in Brazil

FlixBus began operating in Brazil, expanding to more than 100 cities by 2024.

source ↗

Aug 2019
Acquisition of Kâmil Koç, entering the Turkish market

FlixBus entered Turkey by acquiring Kâmil Koç, one of the country's largest intercity bus operators, from private equity firm Actera Group.

source ↗

Jul 2019
€500 million Series F led by TCV and Permira

The company raised €500 million in a Series F round led by TCV and Permira, valuing it at over €2 billion.

source ↗

May 2019
US East Coast expansion via partnership with Eastern Bus

source ↗

Apr 2019
Acquisition of Eurolines businesses and Isilines

FlixBus acquired Eurolines operating businesses in France, the Netherlands, Belgium, the Czech Republic and Spain, and acquired Isilines from Transdev.

source ↗

May 2018
Acquisition of Swebus Express from Nobina

source ↗

May 2018
Entry into the North American market

FlixBus entered North America, initially operating from Los Angeles and the southwestern United States.

source ↗

Apr 2018
First all-electric long-distance bus route

FlixBus was the first to use all-electric vehicles on a long-distance bus route, between Paris La Défense and Amiens.

source ↗

May 2017
Acquisition of Hellö coach network from ÖBB

source ↗

Aug 2016
Acquisition of Postbus from Deutsche Post

FlixBus acquired Postbus, an operator of German bus lines, from Deutsche Post, after which it controlled roughly 80% of the German long-distance bus market.

source ↗

Jul 2016
Acquisition of Megabus Europe from Stagecoach Group

FlixBus acquired Megabus Europe from Stagecoach Group, with Stagecoach becoming an operating partner.

source ↗

Nov 2015
Acquisition of ridesharing company LIINITA

source ↗

Jan 2015
Acquisition of MeinFernbus

FlixBus acquired MeinFernbus, increasing its market share in Germany.

source ↗

Feb 2013
First three routes launched in Bavaria

FlixBus launched its first three routes in Bavaria, Germany, following the opening of the German bus market to competition.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Flixbus do?
German intercity coach brand operating asset-light bus networks in 45 countries, owned by Flix SE alongside FlixTrain and Greyhound.
Who founded Flixbus?
Flixbus was founded by André Schwämmlein, Daniel Krauss.
Who are Flixbus's investors?
Flixbus's investors include Cherry Ventures.