Transferz Raises €6.5 Million, Further Paving the Way for Sustainable Ground Transportation Solutions
A successful fundraising round led by a consortium of individual business angels and family offices to bring the company to profitability.
Amsterdam, February 15th, 2023 – Transferz, the leading B2B mobility platform in pre-booked ground transportation, announces a successful 6.5 million euro fundraising round led by a consortium of individual business angels and family offices.
This significant investment will allow Transferz to bring the company to profitability in the quarters ahead whilst continuing its rapid growth across the globe. It will expand its scalable, easy-to-integrate technology solutions into more ground transportation verticals and improving the quality of its private transfer booking services in a sustainable way to provide even greater reliability and peace of mind to B2B clients.
The Transferz platform offers a range of fully automated solutions that cater to the diverse needs of travel brands by streamlining the ground transportation booking process. This includes any mode of transportation from and to over 750 airports, sea ports, train stations, and soon, point-to-point destinations globally. The technology easily integrates via APIs directly into the booking flow of travel brands and provides a portal solution for travel agents.
In 2020, Transferz began by building out a carefully curated network of private transfer service providers offering electric, private, and luxury transfers in local areas, ensuring exceptional quality and reliability. The company has a strong commitment to sustainability and promotes eco-friendly options such as electric transfers, while also providing fair payouts to its drivers.
Transferz has already laid the groundwork for expanding the number of ground transportation solutions via its platform by recently adding shared shuttles to its offerings, and in the future, the company is looking to expand to other means of ground transportation such as public transport, parking and potentially rental cars, providing a complete one-stop-shop mobility solution at API arm’s length for travel brands.
“At Transferz, our focus is on delivering the highest quality of transportation services to global travel partners while also making a positive impact on the communities and environments in which we operate. We started by providing private transfer services at unparalleled quality powered by a tech-driven solution. This new funding round will allow us to further invest in our technology and to expand our offerings on the Transferz tech platform, with a wider range of ground transportation options in addition to private transfers.”
Johan van Vulpen, CEO of Transferz
“We believe that Transferz has the potential to be a game-changer in the pre-booked ground transportation industry, not just in terms of its technology and platform, but also in its commitment to sustainability. An impeccable technology-driven process that provides a delightful experience for travelers – which happens to be the crucial component that lacks in the current travel industry.”
Jan Kees de Jager, lead investor and former Minister of Finance of the Netherlands