# Recorrido Latin America SpA

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/recorrido-latin-america

- Industry: Internet
- Headquarters: Santiago, Chile
- Website: www.recorrido.cl
- Latest round: Seed (Nov 1, 2014)
- Investors on record: 2

## About

Recorrido Latin America SpA is an online platform that enables users to compare and purchase bus tickets from a variety of bus companies across Latin America, enhancing travel convenience for leisure and business passengers alike.Founded in 2013 and headquartered in Santiago, Chile, Recorrido Latin America SpA operates as an independent entity focused on simplifying the bus ticket purchasing process. The company was co-founded by Julian Deutschle, Lennart Ruff, and Tilmann Heydgen. Recorrido has successfully closed 6 deals, with the latest investment of USD 600,000 in February 2022 led by Mountain Partners, Nazca, and Wayra, marking a significant milestone in its funding journey.Recorrido.cl is a prominent online platform specializing in bus ticket sales, offering a comprehensive service that enables customers to compare and purchase bus tickets from over 35 different bus companies. The core functionality of the platform allows users to select routes, view ticket pricing in real time, and complete purchases seamlessly. This service targets a wide spectrum of travelers, including both leisure and business passengers, who seek a convenient and efficient way to secure transportation across various regions. Recorrido.cl operates across multiple geographical markets, including Chile, Peru, Mexico, and beyond, facilitating intercity travel with an emphasis on user-friendly features such as mobile ticketing, which allows passengers to board buses by simply presenting their ticket on a smartphone. The company’s offerings also extend to features such as ticket cancellations, date changes, and FAQs, ensuring that customer support is readily accessible.Recorrido.cl generates revenue primarily through the sale of bus tickets, which involves direct transactions between the company and its customers. The transaction structure is predominantly B2C, allowing individual travelers to purchase tickets online. Each transaction typically involves the selection of a bus route, date, and time, followed by payment processing, where customers receive confirmation and a digital ticket. The pricing model is straightforward, with customers paying a fixed amount for each ticket based on route and availability. The platform's business model may include partnerships with bus operators, enhancing its service offerings and potentially leading to revenue-sharing arrangements. While specific pricing plans vary by route, Recorrido.cl’s offerings are designed to cater to a wide range of budgets, ensuring accessibility for all travelers.Looking ahead, Recorrido Latin America SpA aims to expand its service offerings and geographic reach. Upcoming developments include the introduction of new products designed to enhance user experience, although specific release dates have yet to be announced. The company is targeting further expansion into additional Latin American markets by the end of 2023. The recent funding round of USD 600,000 will be utilized to support these initiatives, facilitating increased market penetration and the development of innovative features that streamline the ticket purchasing process.

## Funding rounds

- Seed, Nov 1, 2014 — Mountain Partners, IG-neous

## Investors

- Mountain Partners (https://capitalatlas.ai/funds/mountain-partners) — Seed
- IG-neous — Seed