CharterUP, a charter bus marketplace, has raised $60 million in Series A VC funding round led by Tritium Partners.
Since its founding in 2018, CharterUP has experienced over 100 percent annual growth and recently surpassed an annual revenue run rate of $150 million in 2022.
The company will invest in go-to-market strategies, expand its footprint in new and existing markets, and grow the company’s product and engineering teams.
“Since launch, we have been committed to leveraging technology to disrupt the massive and highly fragmented $15 billion domestic charter bus industry,” said Armir Harris, founder and CEO of CharterUP.
CharterUP connects customers to over 500 operating partners nationally on its technology platform. The company’s marketplace provides real-time data on all charter services, featuring on-demand quotes for custom itineraries, embedded payment capabilities, live trip tracking and more.