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FlixBus

Funding History

$0$750M$1.5B$2.3B$3.0B20212022
Valuation by funding round
Series G · 06/2021$3.0B

About

Flix SE, known to consumers through its FlixBus and FlixTrain brands, is a Munich-based long-distance travel company founded in 2011 by André Schwämmlein, Jochen Engert and Daniel Krauss.

headquarters
Munich, Germany
founded
2011
countries
45
destinations
8,700+
fleetSize
~4,700 buses
operatingPartners
1,000+ bus and rail partners
cumulativePassengers
500 million+ since launch
2023Revenue
€2 billion
2023AdjustedEBITDA
€104 million
lastDisclosedRoundValuation
$3B+ (June 2021 Series G)
totalDisclosedFunding
$650M+ in the June 2021 Series G round (earlier Series A-F rounds and their amounts were not publicly disclosed)

Overview

Flix SE is a Munich, Germany-headquartered long-distance travel company best known for its FlixBus intercity coach brand, along with FlixTrain rail services and its 2021 acquisition of Greyhound Lines in the United States.

Founded in 2011, Flix built its business on an asset-light model in which independent transport partners operate the vehicles while Flix provides network planning, digital ticketing, pricing and customer service, allowing rapid international expansion without owning most of its fleet.

Institutional backers including General Atlantic, Permira, TCV, HV Capital, BlackRock, Baillie Gifford, Silver Lake and Canyon Partners funded Flix's growth through venture and growth-equity rounds, and in 2024 EQT Future and Kühne Holding acquired a combined 35% minority stake in the company.

Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.

For more information, view our disclosures.