Company Overview

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Founded:
2001
Founders:
Ed Howson, Tom Godber, Ben Whitaker
Headquarters:
London
Funding:
$8.8M
Categories:
Public Transportation, Security, Mobile Commerce, Mobile
Description:
Masabi develops mobile ticketing technology for the transport sector, enabling passengers to buy and display tickets on mobile phones.

Detailed Description

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Masabi is the leader in transit mobile ticketing and payments, delivering end-to-end systems to agencies that bring significant cost savings and enhanced customer experience. Masabi’s JustRide system signals the end of ticket lines, lost tickets and fumbling for cash by allowing passengers to quickly and securely buy and display tickets on their mobile phones. Masabi enables transit agencies to move away from capital intensive “locked-in” systems, such as smartcards and costly customised ticket machines, to a flexible, open system that transforms passengers’ travel experience today, with a roadmap to NFC and open payments in the future.

Masabi is backed by Fontinalis Partners, m8 Capital and MMC Ventures. The company’s scalable cloud-based technology already processes more than 90 million dollars per year, handles millions of connections per day, and is in use by 17 global transit agencies and retail brands, including: Virgin Trains, First Group, Boston’s MBTA and San Diego MTS. More information about Masabi is available at www.masabi.com.

Current Team (8)

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Past Team (2)

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Funding Rounds (3) - $8.8M

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Products (2)

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  • Cb default image

    UKRail

    The UKRail platform delivers white label applications for company's customers to self-serve...
  • Cb default image

    JustRide

    Mobile ticketing with a cloud hosted back-office and validation solution.

Investors (3)

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Offices/Locations (1)

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  • Office

    56 Ayres Street

    London, SE1 1EU

    GBR

Images (2)

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  • B66f0e933a9a10997fc7e532da4a9190
  • 8d66a542df8ff4dc26a7318da6a93e26