zambrano, principal at proeza ventures

6 Million Series A Funding to Expand Its Flexible and Shared Commute Programs in the U

and LatAm, today announced the close of its Series A financing round to accelerate commercialization of its flexible and shared corporate commuting services in the United cheap louis vuitton bags from china uk States. The new capital will allow BusUp to expand operations in the US and consolidate other existing markets in response to growing interest in employer provided commuter benefits and mobility services. and LatAm, today announced the close of its Series A financing round to accelerate commercialization of its flexible and shared corporate commuting services in the United States. (Photo: Business Wire)

Thanks to its best in class technology, BusUp provides organizations of all sizes with a turnkey solution for creating and managing effective commuter programs, using shared route planning cheap louis vuitton bags from china and optimized pickup points and schedules to match employee transportation needs. The success of BusUp's Shared Commuting Programs in the EU where clients are seeing greater than 30% in cost savings, has been a turning point for the company, and the main reason for its expansion to the US market.

More than 100 organizations worldwide (such as Accenture, Louis Vuitton, Siemens, Roche, Lilly, Cognizant, Nestl and DXC Technologies) have relied on BusUp's capabilities and expertise to accommodate and plan for fluctuations in ridership to meet the anticipated trend of "hybrid workplaces'' a mix of in office and remote work environments as commute patterns continue to change amidst the COVID 19 pandemic. BusUp's solutions can easily be leveraged to incorporate strict sanitization procedures adapted to regional requirements and a central system for contact tracing.

"Trends show that the return to the office scenario will be dominated by hybrid or flexible work that will inevitably require flexible commuting solutions. One of Bill Gates' predictions for the high quality designer replica handbags wholesale post pandemic world is that 'the corporate office will be shared,' and we have already seen this happening in the EU naturally extending cheap replica handbags into shared commutes as well," said Rui Stoffel, CEO and co founder of BusUp. "During the pandemic, we have 1:1 replica handbags also seen many mobility companies that are just now pivoting towards the B2B segment or just tapping into shared corporate solutions and, while we see these trends as a validation that our unique B2B approach is the right place to be when talking about commuting, we are also confident that our technology and quality high quality replica handbags china of service has Perfect Quality Louis Vuitton Replica no match in the market and, with the backing of the world's top tier mobility investors, we replica louis vuitton bags from china are uniquely positioned to extend our leading position into the US."

In addition to guiding its customers through new workforce transportation needs, BusUp is delivering a highly effective path to meeting corporate sustainability goals, significantly reducing the carbon footprint of daily commutes up to 72% compared to car commutes. BusUp's ability to share the service between nearby companies fake designer bags further reduces the environmental impact of each customer's aaa replica designer handbags commuter program.

"One of the most important things that the pandemic has taught us is how much car commuting contributes to pollution and congestion in our cities," said Enrique M. Zambrano, Principal at Proeza Ventures. "We are convinced that BusUp's shared shuttle commuting solution offers one of the most sustainable paths forward for changing the world as we know it for generations to come."

"The fundamental value proposition of not having to drive yourself to work is compelling. Ride sharing leads to clear and significant gains in terms of efficiency and flexibility for commuters, and visionary companies that offer this service to their employees benefit from increased productivity, and higher employee satisfaction and retention," said Daniel Hoffer, Managing Director at Autotech Ventures. "For these reasons, we believe that BusUp's shared solution will be a gamechanger for the US commuting market by providing a safe, accessible and sustainable solution for companies of all sizes."

Since its introduction to the market in 2016, BusUp has partnered with more than 150 mobility operators, and serviced more than 100 corporate customers and 500,000 passengers across two continents. Existing projects include:

Providing Grupo Big (retailer that acquired Walmart's Brazil operation) with demand responsive and dedicated commute routes for their essential employees, delivering a 35% cost savings compared to existing operation.

replica louis vuitton Creating a shared shuttle program for Lagoas Park, one of the largest tech parks in Europe, utilized by IT companies such as Cognizant, Qualitest and Majorel with the result of that achieved a 29% cost savings when compared to traditional shuttle commuting services. "BusUp is very competitive in terms of costs and routes availability because we can use other companies' routes just as they use ours," said Bruno Santos, Country HR Head at Cognizant.

Expanding ridership for an employee shuttle program utilized by Louis Vuitton textile workers that delivered a 15% cost savings when compared replica louis vuitton to traditional services.

BusUp is a mobility service provider that specializes in efficient and flexible corporate commuting services, and is the first company in the world to offer shared corporate shuttle services. Thanks to its technology and its innovative business model BusUp has disrupted a very traditional and low digitized sector, bringing efficiency and convenience to all its stakeholders: passengers, clients, operators, and public administration. Since its inception, BusUp has partnered with more than 150 operators and attended more than 100 clients, exceeding 500,000 passengers worldwide.