Bahn Express, a Helsinki-based logistics startup, has successfully closed a €920k pre-seed funding round. The round was led by Trind together with Innovestor. In addition, Wave Ventures and notable angel investors, including Jiri Heinonen (co-founder of Swappie), Ekaterina Gianelli (ex-Inventure partner), and Tony Honkanen (expansion team Wolt) participated in the round. This funding will help the company advance its innovative solution for faster, more cost-effective cross-border used car deliveries and help scale operations to further European markets.
Founded in early 2024, Bahn Express optimizes cross-border used car transportation by combining technology and a driver-based delivery network. The startup’s unique approach reduces delivery times from an industry average of 10-30 days to just 2-5 days. Without Bahn Express, used car dealerships lose significant profits due to long delivery times, with car value depreciation, tied-up capital, and slower stock turnover costing up to €50-€100 per car daily.
Our mission is to create a seamless, reliable, and scalable logistics system for car transportation. By doing so, we’re not only helping dealerships increase their profits but also modernizing the entire process of car transportation to meet the needs of today. Our ultimate vision is to establish a European-wide driver network capable of delivering vehicles across borders within just a few days, ensuring faster and more efficient logistics for the entire continent.
Matias Blomberg, Founder & CEO of Bahn Express
In just one year, Bahn Express has grown from zero revenue to over €150k in monthly turnover, securing partnerships with Finland’s largest used car dealerships, which collectively account for over 70% of imported vehicles. With over 1,500 successful deliveries completed by its network of more than 300 qualified drivers, Bahn Express is on track to expand operations to Germany and other countries in 2025.
I first came across the Bahn Express team when they were in the Ignite acceleration program run by Aalto ES. Back then, I already noted their drive and determination, and decided that this is a team to keep an eye on. They moved from that project to Bahn Express, and seeing what they have been able to build during the early days of the company confirms my belief that this is a team that truly can execute.
Reima Linnanvirta, Partner at Trind
This operation benefits from support from the European Union under the InvestEU Fund.