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QuickBus

Short Summary

QuickBus is a skyscanner/kayak.com for long distance buses, servicing the 800 million people who live and travel throughout sub-Saharan Africa. 10,000 tickets sold. Backed by billionaire founder of Rackspace. Team former RedBus. EIS.

Overview

Target
£1,060,000
Minimum
£25,000
Investment Raised
N/A
Previous Rounds £500,000
Stage Achieving Sales
Investor Role

Highlights

  • Selected for Mercedes' transport startup fellowship in LA
  • Previous raise of £500k was backed by billionaire founder of Rackspace
  • Supports 36 months of overheads. Cash flow positive Q4 Y2
  • Similarly modeled Indian counterpart redBus was acquired for $140m
  • 10,000+ tickets processed since proof of concept began 6 weeks ago
Please note: The content of this promotion has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Reliance on this promotion for the purpose of engaging in any investment activity may expose an individual to a significant risk of losing all of the property or other assets invested. Investors should carry out their own due diligence and take professional advice where necessary.

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