A recent article in the Austin American Statesman stated that “CharterUP”, a charter bus booking platform currently in Atlanta, is relocating their technology section to Austin and will bring 100 jobs to our already bustling area. CharterUp works with companies, government organizations, schools, sports teams and private groups to contract and manage one-time or recurring bus services for events, group travel and employee commutes.
Armir Harris was quoted as stating “Austin is leading the charge in innovation and technology nationwide, making it an ideal base for CharterUp as we embark on this exciting new chapter.” It seems that CharterUp raised $60 million in a deal led by Austin-based Tritium Partners, which specializes in investing in online marketplaces, logistics and software companies. So, it makes sense to dance with the one that brought you to the dance!
The article stated “CharterUp had experienced more than 100% annual growth and had surpassed an annual revenue run of $150 million in 2022. CharterUp said it would use the money to expand its presence in current markets and break into new ones, as well as expanding its product and engineering teams.