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Modeshift, Inc.

Modeshift, Inc.

Private
Boston, MassachusettsMobility, Transportation & Logisticshttps://modeshift.com/

Last Round

Seed

Jun 29, 2022

Total Funding Raised

$1.3M

Company Overview

Modeshift, Inc. is a technology company that provides a cloud-based, all-in-one digital mobility infrastructure platform for transit agencies, including account-based fare collection, mobile ticketing, and real-time passenger information systems.

Sector

Mobility, Transportation & Logistics

Verticals

Public Transit, Vertical SaaS, Fleet Management, Digital Payments

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS, Hardware + Subscription

AI Layer

Application

Keywords

fare collectionmobile ticketingtransit managementcontactless paymentscomputer-aided dispatchCAD/AVLreal-time passenger informationRTPImobility as a serviceMaastransit SaaSsmart transitopen-loop paymentstransit infrastructurefareboxaccount-based ticketing

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Modeshift, Inc. Comparables

Compare Modeshift, Inc. with similar companies based on industry and business-model similarity.

Modeshift, Inc. comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Masabi
78%
Siemens
74%
Token Transit
73%

Modeshift, Inc. Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedJun 29, 2022
AcceleratorJun 15, 2020

Key People

Founding team and executive leadership

Miroslav Katsarov

Chief Executive Officer

Executive Team

Pavel Iliev

CTO

Executive Team

Petar Matakov

Chief Financial Officer

Executive Team

Modeshift, Inc. Investors

Notable investors and investment history

Modeshift, Inc. investors
InvestorRounds
Bulgaria Innovation HubAccelerator
Urban Impact VenturesSeed
Telelink InvestmentsAccelerator

Market signals

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  • Jun 15, 2020

    Secured funding from Telelink Investments and Bulgaria Innovation Hub.

Modeshift, Inc. Filings

SEC and related filings with document metadata.

Data table
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Modeshift, Inc. Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range52
Year Founded2017
Last FundingJun 29, 2022

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