Seventure Partners backs fromAtoB

Seventure invested alongside German entrepreneur Daniel Wild's holding company Tiburon Unternehmensaufbau. The capital will be used to integrate further international public transport systems into the platform. Moreover, the firm aims to develop a mobile app.

This is the second external financing round fromAtoB has received so far. After it was founded, the company received seed funding from Seedfonds Aachen, the seed funding arm of S-UBG Group, which is the private equity investor of a consortium of banks in the economic regions of Aachen, Krefeld and Mönchengladbach.

Seventure's latest investment prior to this was a joint €3.5m series-B financing round for recruiting agency Studitemps, which was led by fellow French GP XAnge in July this year. In April, the venture capital firm backed mobile medical equipment company Personal MedSystems, alongside High-Tech Gründerfonds, in a €2.5m series-A financing round.

Company
fromAtoB offers customers a single platform, under the names of Verkehrsmittelvergleich.de and fromAtoB.de, to compare public transport possibilities in 15 countries. The search engine provides details on trains, coaches, flights, car pooling and cabs – all of which the customer is able to combine in order to plan their route.

Based in Munich, the firm was founded in 2008 and currently offers its services in 11 different languages. The site is used by approximately 2.5 million users every month.

People
Wolfgang Krause is Seventure's adviser for German and Austrian deal activity and oversaw the investment. Johannes Graßmann is fromAtoB's CEO. Veit Blumschein, Johannes Graßmann and Daniel Nolte founded the company.

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• Topics
• DACH
• Consumer
• Expansion
• Germany
• Seventure (SPEF)