Zeelo Acquires Kura to Create UK's Largest Virtual Bus Network Amid US Expansion

February 1, 2024
Zeelo Acquires Kura to Create UK's Largest Virtual Bus Network Amid US Expansion
  • Zeelo, a smart bus startup, has acquired Kura, a UK-based school transportation and safeguarding software company.

  • Financial details of the acquisition remain undisclosed, though Zeelo recently secured $14 million for UK expansion and US market entry.

  • Kura, established in 2010, provides SaaS and TaaS platforms aimed at improving the safety and efficiency of various transport services.

  • The merger creates the UK's largest virtual bus fleet, serving over 220 customers with 450 operator partners and 40,000 daily users.

  • The acquisition aligns with Zeelo's growth strategy, enhancing its US presence and technological capabilities in smart bus routing, which promises significant cost savings and increased ridership for clients.

  • Zeelo is committed to sustainability, targeting a full transition to net-zero emission electric vehicles by 2030, with a current 10% of its UK fleet already electric.

  • Zeelo's CEO indicates an ongoing strategy for growth through further mergers and acquisitions in the UK and US.

Summary based on 2 sources


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