Fleequid Company Profile

Background

Fleequid is an innovative online marketplace specializing in the buying and selling of used buses. Established in 2024 by brothers Filippo and Federico Battaglia, the company aims to revolutionize the traditionally opaque and fragmented bus resale market by introducing a transparent, efficient, and digital platform.

Key Strategic Focus

Fleequid's strategic focus centers on:

Digital Transformation: Transitioning the bus resale process from traditional, offline methods to a streamlined online auction system.

Transparency and Efficiency: Providing detailed vehicle dossiers, including high-resolution photos, videos, and comprehensive condition reports, to ensure informed decision-making.

Global Reach: Connecting buyers and sellers across Europe and beyond, facilitating cross-border transactions and expanding market access.

Financials and Funding

In May 2025, Fleequid secured €3 million in seed funding to accelerate its European expansion and enhance its technological infrastructure. The funding round was led by DFF Ventures, with participation from Silence VC, FJ Labs, and angel investor Jack Greco.

Technological Platform and Innovation

Fleequid distinguishes itself through:

Proprietary Auction Platform: A fully digital system enabling efficient online auctions with features like automatic bidding tools.

Comprehensive Vehicle Documentation: Each listing includes over 50 high-resolution photos, 360-degree videos, and detailed technical inspections verified by Fleequid's expert team.

End-to-End Transaction Management: Handling the entire sales process, from payment to ownership transfer and logistics, ensuring a seamless experience for users.

Leadership Team

Filippo Battaglia: Co-founder with over a decade of experience in the bus trading industry through the family business, Basco.

Federico Battaglia: Co-founder, bringing extensive industry knowledge and a vision for digital transformation in bus resale.

Francesco Rocchi: General Manager, with a background in automotive, SaaS, and startups, including roles at Gympass and Auto1.

Raffaele Cafiero: Chief Technology Officer, formerly with Eataly, Softec, and Triboo, leading the development of Fleequid's technological infrastructure.

Michele Castiglioni: Chief Operating Officer, with experience at Auto1 and Stanley Black & Decker, overseeing operations and logistics.

Competitor Profile

Market Insights and Dynamics

The European bus resale market is substantial, with over 100,000 buses changing hands annually. Despite its size, the market has been characterized by slow, fragmented, and offline processes, creating opportunities for digital platforms to introduce efficiency and transparency.

Competitor Analysis

Truck1: An online marketplace dealing with various commercial vehicles, including buses, offering a platform for buying and selling.

Basco: A traditional bus trading company with over 40 years of experience, focusing on international sales of used buses.

Strategic Collaborations and Partnerships

Fleequid has established significant partnerships to strengthen its market position:

AN.BTI – Confcommercio: A partnership with the Italian National Association of Tourist Buses to enhance service offerings and expand market reach.

Operational Insights

Fleequid's competitive advantages include:

Transparency: Providing detailed and verified vehicle information to build trust among users.

Efficiency: Streamlining the sales process to reduce transaction times significantly.

Global Connectivity: Facilitating cross-border transactions to broaden market access for buyers and sellers.

Strategic Opportunities and Future Directions

Fleequid plans to:

Expand European Presence: Strengthen its foothold across Europe within the first 18 months post-launch.

Enter New Markets: Extend operations to non-European regions, focusing on the Mediterranean, North Africa, and the Americas starting in 2026.

Enhance Technological Capabilities: Continue developing its platform to offer additional services such as vehicle warranties, leasing options, and delivery services.