Sharethebus secures US $5M Series A led by Jackson Square Ventures

Share the Bus (sharethebus) has raised US $5 million in Series A funding led by Jackson Square Ventures of San Francisco, California, an all-partner VC firm investing in Seris A in SaaS and marketplace companies. Other investors include BMW i Ventures, Real Ventures, Y Combinator. The financing closed almost two months ago.

Sharethebus investors also included Maple Leaf Angels which led a CDN $750,000 seed round of financing in 2015.

With recent acquisition of the domain, bus.com, Share the Bus is also rebranding as Bus.com.

“As our company expanded, we’ve outgrown what the name Sharethebus implies. Our rebrand comes at a time where our goals have grown to include not only the needs of riders, but those of event organizers and bus partners as well. Better busing is key for the future of travel. The rebrand and funding will help us improve the bus travel experience while reflecting a larger and more encompassing vision,” said co-founder Kyle Boulay in his blog.

Share the Bus was founded in 2014 by Boulay and Wolf Kohlberg.

photo credit: Bus.com

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.