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$15.0m

Valuation: $1.3b

Late VC
Total Funding000k
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More about Optibus
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Optibus is a leading provider of transportation software designed to optimize mass transit planning and scheduling. The company serves public transit agencies and private operators, offering a robust and scalable solution that supports complex transit operations. Optibus operates in the global transportation market, providing a cloud-based Software as a Service (SaaS) platform that enables clients to model their transit networks at a granular level. This allows for the creation of high-quality schedules and the ability to highlight key business performance indicators (KPIs) generated by planning and scheduling decisions. The platform is user-friendly, quick to deploy, and continuously updated with new features, ensuring that clients can be up and running in days rather than months. Optibus generates revenue through subscription fees for its SaaS platform, which helps clients save on IT resources and operational costs. The company also offers daily optimization of vehicle and crew schedules, making it an essential tool for transit operations, especially in adapting to challenges such as those posed by the COVID-19 pandemic.

Keywords: transportation software, mass transit, planning, scheduling, SaaS, public transit, private operators, cloud-based, operational efficiency, cost reduction.

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