Funding 01

May 15, 2025

Italian Mobility Marketplace Fleequid Raises €3M in Seed Round to Modernize Europe’s used Bus Trading Sector

Olgiate Comasco, Italy —
Fleequid, a transportation tech startup, has raised €3M in Seed funding to accelerate its mission of digitizing Europe's fragmented bus resale market. The round was led by DFF Ventures, with participation from FJ Labs, Silence VC, and angel investor Jack Greco, co-founder of ACV Auctions. The deal closed on May 14, 2025, and follows the company's founding earlier this year in January 2024. Fleequid plans to use the capital to expand its platform across Europe, improve its technology stack, and grow its operational team.


About Fleequid

Founded by brothers Filippo and Federico Battaglia, Fleequid is building the first dedicated online marketplace for buying and selling used buses—a process that has traditionally relied on brokers, opaque pricing, and time-consuming negotiations. The European bus resale market is significant, with more than 100,000 vehicles changing hands annually, yet most of it remains offline and inefficient.
Fleequid provides an all-in-one auction platform that eliminates backroom deals and long email chains. Sellers can list their vehicles with full dossiers—including condition reports, inspection certificates, photos, and videos—while buyers compete in transparent, open online auctions. Once a deal is struck, Fleequid facilitates the full transaction process, including payment, ownership transfer, and logistics.

Purpose of financing

With the newly raised funds, the company aims to fast-track its pan-European expansion, improve the robustness of its technology platform, and introduce new services that will allow fleet managers and transit operators to transact buses with the same ease as buying consumer goods online. The startup has already sold hundreds of buses in its early months, attracting buyers from countries including Ghana, Romania, Iraq, and core EU markets such as Italy, Poland, and Bulgaria.

Founder’s Insights

Filippo Battaglia, co-founder of Fleequid,said:
“We’ve been in this world for 13 years,”. “We know the players, we know the pain points, and we know how much value is lost in the current system. We built Fleequid to change that.”

Investor’s Perspective

Maarten Engelen, Partner at DFF Ventures, commented:
“We look for sharp founders tackling big problems in under-digitized markets. The Battaglia brothers are insiders who’ve decided to disrupt their own industry, and they’ve done it with the kind of execution and grit we love to back. Fleequid is not just a better way to trade buses—it’s the start of a new operating system for the entire sector.”This investment marks DFF Ventures’ second in Italy and the first Italian investment for both FJ Labs and Silence VC.

Conclusion

With this momentum, Fleequid is well-positioned to become the central digital hub for Europe's used bus trade, streamlining transactions and driving transparency in a sector long overdue for disruption.

For updates, visit Fleequid on LinkedIn.