Bus.com, formerly Sharethebus, raised Series A funding of $5 million. The round was led by Jackson Square Ventures with participation from BMW i Ventures, Real Ventures and Y Combinator. Funds will be invested to improve the booking technology, rider experience, bus supplier operations, as well as fuel growth.

The bus transportation market is a $6B industry in the US and Canada, with the charter space accounting for $4B of it. 82% of charter bus companies are owned by small operators with under 10 buses. Service standards and pricing varies dramatically from company to company, and consumer innovation is not happening to meet changing demands. Bus.com will unify and empower their businesses, allowing them to access new markets and deliver an experience that delights their rider and supersedes large competitors.

Innovation in the highly fragmented busing market in the US and Canada is a necessary and key component of improving mobility. BMW i Ventures is committed to investing in this kind of visionary innovation and we look forward to working with Kyle and his team to bring their vision to reality.

—Christian Noske, Partner at BMW i Ventures

Bus.com has moved more than 150,000 people across 3,000 bus trips in 37 states and 3 countries. They have worked with top event producers from Live Nation, AEG, Huka Entertainment, as well as student organizers from Harvard, Yale, MIT, and 150 others. Bus.com was founded by Wolf Kohlberg and Kyle Boulay in February 2015.