Optibus
Founded Year
2014Stage
Series D - II | AliveTotal Raised
$260MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-136 points in the past 30 days
About Optibus
Optibus focuses on providing software solutions. Its main offerings include an end-to-end software platform to aid in transportation planning, scheduling, rostering, and operations, aiming to increase efficiency and improve service quality. The company primarily serves transportation agencies and operators. It was founded in 2014 and is based in Tel Aviv-Yafo, Israel.
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Optibus's Product Videos
ESPs containing Optibus
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The traffic modeling and simulation market refers to the use of AI and and simulation to streamline transportation planning, scheduling, and operations. Companies in the space are leveraging computer modeling, simulation software, and data analytics to predict and optimize traffic patterns and flows. This includes the use of traffic sensors, GPS data, and other sources of traffic information to op…
Optibus named as Leader among 5 other companies, including PTV Group, CitySwift, and VivaCity.
Optibus's Products & Differentiators
Planning
Software module for planning public transportation routes and travel times.
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Research containing Optibus
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Optibus in 1 CB Insights research brief, most recently on May 19, 2022.
Expert Collections containing Optibus
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Optibus is included in 5 Expert Collections, including HR Tech.
HR Tech
5,755 items
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
1,249 items
Smart Cities
2,135 items
Mobility-as-a-Service
615 items
Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.
Artificial Intelligence
9,057 items
Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.
Optibus Patents
Optibus has filed 4 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
2/16/2016 | Mathematical optimization, Optimization algorithms and methods, Permutations, Transportation planning, Operations research | Application |
Application Date | 2/16/2016 |
|---|---|
Grant Date | |
Title | |
Related Topics | Mathematical optimization, Optimization algorithms and methods, Permutations, Transportation planning, Operations research |
Status | Application |
Latest Optibus News
Sep 24, 2024
Sep 24, 2024 • Robert Lavine Verizon's corporate venture arm has stopped making investments and its lead executives have left the company, GCV understands. Image courtesy of Untaylored US-based telecommunications group Verizon’s corporate venture capital arm has stopped making new investments and is now managing its existing portfolio, a person familiar with the matter has told Global Corporate Venturing. Verizon Ventures is one of the oldest CVC units worldwide, but has not disclosed an investment since December 2023, a month after its web page was last updated. GCV understands that Madison Rezaei, who had headed the fund since early 2023 , has left Verizon, as has chief investment officer John Nitti. The team now consists of three managers who are overseeing the existing investment portfolio according to GCV’s source. Verizon declined comment. Founded in 2000, Verizon Ventures past investments include fantasy sports platform FanDuel, which was subsequently acquired for $4.2bn, and AI marketing software provider AdTheorant, which floated at a billion-dollar valuation, some 40 times that at which the unit invested. Verizon Ventures currently oversees a 42-strong portfolio that includes transportation management platform Optibus and communications equipment maker Pivotal Commware as well as limited partner commitments to funds for venture firm BBG Ventures and co-creation studios The Hive and The Fabric. However, several venture investors have seen their returns hit by a IPO market that has been stagnant for over two years, and several of the unit’s most highly valued startups, including data analytics software producer SparkCognition, software delivery automation platform CloudBees and internet-of-things technology provider Wiliot, have not raised funding since 2021 or early 2022.
Optibus Frequently Asked Questions (FAQ)
When was Optibus founded?
Optibus was founded in 2014.
Where is Optibus's headquarters?
Optibus's headquarters is located at 125 Derech Menachem Begin, Tel Aviv-Yafo.
What is Optibus's latest funding round?
Optibus's latest funding round is Series D - II.
How much did Optibus raise?
Optibus raised a total of $260M.
Who are the investors of Optibus?
Investors of Optibus include Volvo Group Venture Capital, Pitango Venture Capital, Verizon Ventures, Insight Partners, Bessemer Venture Partners and 11 more.
Who are Optibus's competitors?
Competitors of Optibus include TripShot, MoveInSync Technology, Citymapper, Moovit, Routematch and 7 more.
What products does Optibus offer?
Optibus's products include Planning and 4 more.
Who are Optibus's customers?
Customers of Optibus include Stagecoach, Antelope Valley Transit Authority (AVTA) and Tondeka Metro Company.
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Compare Optibus to Competitors
Moovit provides mobility-as-a-service (MaaS) solutions. It offers travelers a real-time picture, including the route for the journey by combining information from public transit operators and authorities with live information from the user community. It was formerly known as Tranzmate. It was founded in 2012 and is based in Ness Ziona, Israel. In May 2020, Moovit was acquired by Intel.
Transit is a company focused on simplifying urban transportation and is active in the mobility and transportation sector. It provides users with real-time information and planning tools for various modes of public and alternative transportation, aiming to improve the experience of traveling without a car. The company's services are utilized by commuters and travelers in urban areas seeking efficient transit options. It was founded in 2013 and is based in Montreal, Quebec.
Swiftly is a company focused on providing software solutions for the public transportation sector. Their main offerings include real-time passenger information systems, analytics and insights for transit operations, and tools for service planning and scheduling. These products aim to improve the reliability of transit services and enhance the overall passenger experience. It was founded in 2014 and is based in San Francisco, California.
Trafi specializes in Mobility-as-a-Service (MaaS) technology, focusing on the development of smart urban mobility solutions. The company offers a platform that integrates various transportation options into a single application, facilitating sustainable and efficient travel for city dwellers. Trafi primarily serves the urban transportation sector, working with cities to connect public transport with micro-mobility options. It was founded in 2007 and is based in London, England.
Sakay.ph specializes in providing comprehensive commuting directions in Metro Manila, focusing on the transportation technology sector. The company offers a multi-modal route planning service that integrates various forms of transportation, including jeepneys, trains, buses, and ferries, to deliver efficient travel routes for commuters. Sakay.ph also caters to businesses by offering advertising solutions and commute data analytics for improved consumer engagement and decision-making. It was founded in 2013 and is based in Metro Manila, Philippines.
INRIX is a company focused on intelligent mobility solutions within the transportation analytics sector. They offer a suite of products that transform big data from connected devices and vehicles into actionable insights for traffic management, parking, safety, and trip analytics. INRIX primarily serves sectors such as cities, transportation agencies, automakers, and businesses that require advanced mobility data and analytics. It was founded in 2004 and is based in Kirkland, Washington.
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