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Digital Transformation for Bus Travel: bm|t invests in Paul Faehrt Bus with the Thuringia Start-up Fund (TSF)

  • 2017

We´re excited to remove inef­fi­cien­cies in the bus travel mar­ket,” explained the devel­op­ers from “Bus entre­pre­neurs can now take more con­trol of their book­ings in char­ter or irreg­u­lar bus travel and thus opti­mize the growth of their com­pa­nies,” said Dirk Paasche, CEO of Mag­ni­tude Inter­net GmbH, the com­pany behind pro­vides bus travel com­pa­nies the tools to struc­ture and orga­nize their busi­ness. The por­tal offers an inte­grated match­ing of sup­ply and demand for bus travel and allows cus­tomers the oppor­tu­nity to book directly over the site. The intel­li­gent match­ing tools save bus travel com­pa­nies up to 99% of the time that they would have spent answer­ing cus­tomer enquiries and enter­ing bookings.

About Magnitude Internet GmbH

Mag­ni­tude Inter­net was founded in Decem­ber 2014 and is focused on the devel­op­ment and deploy­ment of smart soft­ware solu­tions for the bus travel indus­try. The prod­uct was offi­cially launched on July 2017 at the RDA Group Travel Expo in Cologne.

About bm‑t beteiligungsmanagement thüringen GmbH

With more than € 320m and eight funds under man­age­ment bm|t is the pre­mier part­ner for invest­ments in Thuringia. We pur­sue a return-ori­ented approach to financ­ing inno­va­tion and pro­mot­ing eco­nomic growth by invest­ing in promis­ing entre­pre­neur teams and busi­nesses in the Free State of Thuringia. bm|t is the ideal part­ner for invest­ments across all indus­tries and fund­ing stages, from start-up through growth cap­i­tal, includ­ing geo­graph­i­cal expansion.‑

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