Sn-ap, a platform for on-demand intercity bus travel has raised £2 million led by Kindred Capital alongside private investors.
The startup connects people making similar trips to local bus operators running those routes with the users selecting pick-up points. Coaches only run when there’s enough demand. It’s currently operating on routes between London and the East Midlands. The new funds will be used to grow the service across the UK.
“Using our platform, get greater convenience and real flexibility at a fraction of the cost of other travel options. At the same time, coach operators with spare capacity get access to popular intercity routes for the very first time. It’s a win-win,” said Thomas Ableman, former commercial director at Chiltern Railways.
Intercity transport has remained “relatively untouched by digital disruption”, said Leila Zegna, partner at Kindred Capital, whereas the likes of Uber and bike sharing has permeated cities around the world.
“Therein lies Sn-ap's opportunity to enable the millions of people making journeys between cities to access today's underutilized private hire coaches,” said Zegna.
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