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