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Recently Funded|Amount: USD 100.0M|Industry: Software Development

Revolutionizing Mass Transportation: Optibus Secures $100 Million in Funding to Shape the Future of Urban Mobility

Optibus

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201-500 employees employees (Est.)
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In an exciting development for the future of mass transportation, Optibus has successfully raised $100 million in its latest funding round. Founded in 2014, Optibus has quickly established itself as the leading end-to-end software platform for transportation planning, scheduling, rostering, and operations, earning the trust of over 5,000 transportation agencies and operators worldwide. With a vision to serve as the modern operating system for mass transportation, Optibus is dedicated to helping agencies enhance operational efficiency, boost ridership, and improve service quality—all while promoting equity and sustainability. The newly secured funding will be instrumental in furthering Optibus' mission to revolutionize the industry through advanced artificial intelligence (AI) and sophisticated optimization algorithms. These innovations allow for smarter, data-driven decision-making that aligns with the growing demand for eco-friendly and efficient public transit solutions. Recognized as a technology pioneer by the World Economic Forum, Optibus continues to lead the charge in transforming mass transportation into a more equitable and sustainable practice. This funding will not only support the expansion of Optibus’ cloud-native platform but will also pave the way for new enhancements and features that will further empower transportation agencies to modernize their operations and reduce emissions and costs. As cities seek to become smarter and more efficient, Optibus stands poised to play a vital role in shaping the future of urban mobility. To learn more about how Optibus is redefining transportation systems, please visit www.optibus.com.
October 31, 2024

Buying Signals & Intent

Our AI suggests Optibus may be interested in solutions related to:

  • Software Solutions
  • Transportation Management
  • Data Analysis
  • Consultancy Services
  • Electric Vehicles

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