Digital

Busbud raises $1 million in funding for expansion

Excerpt from TechCrunch

May 29, 2013 9:18 am

Skift Take

BusBud intends to use the funding to expand its number of employees, and its breadth of bus-schedule coverage. “Your worldwide bus travel companion” can now get a bit more global.

— Dennis Schaal

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Free Report: The Changing Business of Extended-Stay Hotels

Canadian startup Busbud, which bills itself as the “Kayak for intercity bus travel,” today announced that it has raised a first $1 million funding round led by iNovia Capital and Real Ventures.

Peter Kern, an Expedia board member and managing partner of private equity firm InterMedia Partners, as well as Luxury Retreats CEO Joe Poulin also participated in this round. iNovia Capital’s David Nault and Real Venture’s JS Cournoyer will join Busbud’s board.

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