Travelier, a travel-tech global leader, is set to acquire DeOnibus, a leading Brazilian online bus ticket platform.
This strategic investment strengthens Travelier’s position in Latin America and positions the company to become the one-stop shop for all intercity land and sea transportation across the globe.
DeOnibus was founded in 2012, as Brazil by bus, and rebranded as DeOnibus in 2018 to attract domestic travelers. Siblings Breno Moraes, CEO, and Mariana Malveira, Head of Tech & Customer Service are the founders of DeOnibus.
Prior to the acquisition by Travelier, DeOnibus had raised $700,000 USD in funding from ACE Ventures, an early-stage venture capital firm, alongside additional angel Investors.
DeOnibus has a network of 300+ operators connected to more than 36,000 routes. DeOnibus offers 80 percent geographical coverage in Brazil and serves 30 million travelers annually. The company enjoys a strong reputation with a Net Promoter Score (NPS) of +72, highlighting exceptional customer satisfaction.
Brazil presents a significant opportunity for online bus ticketing. The bus travel market in Brazil is one of the largest in the world, generating more than $2 billion USD in annual revenue. While 50 percent of all international travel purchases in Brazil are made online, only 30 percent of bus tickets are purchased through online channels.
Two years ago, Travelier made an investment in Plataforma 10, a leading online transportation brand in Argentina.
This investment also unlocks opportunities for Travelier to penetrate the Brazilian market with Sisorg, its Latam-based TMS (Transportation Management System) and solidify its leadership position across all transportation technology services in Brazil.
