Thursday, March 23, 2023

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Kolors: Raises $26M in Funding

Kolors Raises $26M in Funding

  • Kolors, a Houston, TX-based technology and data-driven intercity bus network company, raised $26 million in funding
  • This included a $20 million Series A financing round led by UP.Partners with participation from Toyota Ventures, Maniv Mobility, K5 Global, Mazapil, alongside existing investors
  • The funding will further accelerate expansion in Mexico, expand to new Latin American markets and enable cross-border US travel
  • The company doesn’t own any vehicles but instead partners with small and medium-sized bus operators
  • The operator is only responsible for driving the bus and Kolo rs does everything else through its tech, data and customer experience layer

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