Train
“Can a single independent digital rail platform capture the majority of European rail ticket distribution across fragmented national operators?”
Founded1997
HQLondon, United Kingdom
Latest roundIPO (LSE: TRN, 2019)
IndustryMarketplace / Travel
The story
Trainline started as a UK-focused online rail booking site and grew into the world's leading independent digital rail platform, operating across multiple European markets. It aggregates rail and coach tickets from hundreds of carriers and competes directly with national rail operators' own booking channels. The company went public on the LSE in 2019 after a period of private equity ownership under KKR.
Last 12 months
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Product timeline
1997
Founded as TheTrainLine.com, an early online rail ticket retailer in the UK.· pivot
2019
Listed on the London Stock Exchange (LSE: TRN) following acquisition by KKR.· ipo
The stack
Accounting gap: none