# Buser Brasil Tecnologia LTDA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buser-brasil-tecnologia-ltda

- Industry: Internet
- Headquarters: Sao Paulo, Brazil
- Website: www.buser.com.br
- Total disclosed funding: $210M
- Latest round: Series C (Jun 10, 2021)
- Investors on record: 10

## About

Founded in 2017 and based in Sao Paulo, Brazil, Buser Brasil Tecnologia LTDA provides bus transportation rental services through its web and mobile application. The company was founded by its CEO Marcelo Abritta. In October 2019, Buser Brasil Tecnologia LTDA raised USD 73 million in series B funding co-led by new investors Softbank Ventures Asia and Grupo Globo, and in June 2021, Buser Brasil Tecnologia LTDA raised BRL 700 million in Series C funding led by new investor Lightrock. 

The company operates an online platform, Buser that connects passengers with charter companies offering low-cost bus trips. By using the company’s mobile application, users can book a bus with just an identification document and also has the option to connect with people traveling to the same destination to split the bus fare. Buser provides a variety of booking options for users starting from, beds, premium beds to semi-bed buses, and the vehicles come with insurance, trained drivers, and are inspected and monitored by GPS, fitted with a camera, and other safety items. 

Buser Brasil Tecnologia LTDA plans to use the Series C funding to diversify its services and fund its expansions that are expected to be completed within 2022.

## Funding rounds

- Series C, Jun 10, 2021, $137M — Monashees, SBVA, Lightrock, Valor Capital Group, Iporanga Ventures, Canary, Globo Ventures
- Series B, Oct 4, 2019, $73M — Monashees, SBVA, Valor Capital Group, Canary, Grupo Globo
- Series A, Nov 21, 2018 — Monashees, Valor Capital Group, Canary
- Seed, Jan 8, 2018 — Canary
- Seed, Sep 1, 2017 — Canary, Yellow Ventures, Fundação Estudar Alumni Partners (FEAP)

## Investors

- Canary (https://capitalatlas.ai/funds/canary) — Seed, Series A, Series B, Series C
- Yellow Ventures (https://capitalatlas.ai/funds/yellow-ventures) — Seed
- Fundação Estudar Alumni Partners (FEAP) — Seed
- Monashees (https://capitalatlas.ai/funds/monashees) — Series A, Series B, Series C
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series A, Series B, Series C
- SBVA (https://capitalatlas.ai/funds/sbva) — Series B, Series C
- Grupo Globo — Series B
- Lightrock (https://capitalatlas.ai/funds/lightrock) — Series C
- Iporanga Ventures (https://capitalatlas.ai/funds/iporanga-ventures) — Series C
- Globo Ventures (https://capitalatlas.ai/funds/globo-ventures) — Series C