Sn-ap Travel, a London, UK-based intercity travel startup, raised £3.4m in funding.
The round was led by ADV and Oxford Capital.
The company, which has raised approx. £6m in total funding to date, intends to use the funds to expand its service further across the UK and grow its team.
Led by Thomas Ableman, Sn-ap allows users to travel on demand – matching travellers who want to make similar journeys with the UK’s premium coach operators. Its platform combines machine learning to predict the dates, times and routes that people wish to travel, and set the optimal price. As a result, Sn-ap only operates at times of highest demand. Customer ratings are used to select the very best coaches and drivers from top-quality independent coach operators, helping to maintain a high quality of service.
Already live in Bristol, Cardiff and Nottingham, the team will expand to a further four UK cities in the next five months. By the summer, Sn-ap predicts over 100,000 people will be on-demand intercity coach travellers.
FinSMEs
07/05/2018