Fundraising Fox
/Companies
Sign in

Modeshift

Boston, US · Founded 2019 · Delaware corporation · 1 known investors

Find your way into Modeshift

Each arrow is one introduction. Sign up to fill in the first one.

174 people can intro you to Borislav

Ask Alexander Efremov to introduce you to Borislav Gorov

You →Alexander · together at Technical University of Sofia →Borislav

82 people can intro you to Konstantin

Ask Jamie Chen to introduce you to Konstantin Spasov

You →Jamie · together at Nanyang Technological University Singapore →Konstantin

67 people can intro you to Pavel

Ask Sam Okafor to introduce you to Pavel Iliev

You →Sam · together at Modeshift →Pavel

Sign up to find every way you can get introduced to Modeshift

  • Your email: who you already know at Modeshift, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Modeshift team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

Sign up with GoogleAlready have an account? Log in

Modeshift provides a cloud-based (Microsoft Azure) SaaS platform for public transit agencies, offering fare collection, mobile ticketing, EMV open-loop payments, RTPI, CAD/AVL integration, hardware, and analytics. It focuses on small and mid-sized cities, serving transit operators in the US and two EU countries.

FintechGovTechMobility & TransportationSaaS

Founders & leadership

Modeshift was founded in 2019 by Miroslav Katsarov.

MKMiroslav Katsarov
Miroslav KatsarovFounder · Chief Executive Officer
PIPavel Iliev
Pavel IlievCTOPavel Iliev co-founded Modeshift in 2017, a SaaS platform for public transit agencies offering fare collection, mobile ticketing, and real-time passenger information. Previously, he led a 90-person engineering organization at Progress/Telerik, overseeing the transition from on-premise to cloud-native SaaS development.
KSKonstantin Spasov
Konstantin SpasovVP of Business DevelopmentKonstantin Spasov is VP of Business Development at Modeshift, a SaaS platform for public transit agencies. He has held business development and sales roles across the US, Europe, and Southeast Asia over a 15-year career.
BGBorislav Gorov
Borislav GorovVP of Sales, EuropeBorislav Gorov is VP of Sales for Europe at Modeshift, a SaaS platform providing fare collection, mobile ticketing, and transit management solutions to public transit agencies.
LM
Lyubomir MinchevNamed on SEC filing
SSSimeon Simeonov
Simeon SimeonovDirectorAdvisor at One Way Ventures

Investors · 1

Reported raises · per SEC filings

Form D private placements

$1.3M disclosed across 1 round · 2022

▶$1.3MraisedJun 2022 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Miroslav KatsarovExecutive Officer, Director
  • Lyubomir MinchevDirector
  • Simeon SimeonovDirector
Offering amount
$2.5M
Amount sold
$1.3M
First sale
Apr 2022
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 5

LiftangoLiftango builds demand-responsive transport (DRT) technology and shared mobility solutions, including carpool, on-demand bus, fixed-route, and microtransit services, along with planning tools for data analysis, demand forecasting, and reporting. Founded in 2016, it serves transport operators and communities on projects across six continents.
SmartcitiesdiveSmart Cities Dive is a business news publication covering trends and developments affecting cities and municipalities, including transportation, infrastructure, governance, and technology. It serves decision-makers and industry professionals and is operated by Informa TechTarget under the Industry Dive umbrella.
WriThe World Resources Institute (WRI) is a global research organization whose experts and staff work on food and land use, energy, cities, climate, economics, finance, and governance. It operates with over 2,000 staff across more than a dozen focus countries and partners in over 50 nations.
TimeoutTime Out is a digital media and entertainment guide that curates articles, recommendations, and listings for things to do, restaurants, events, and attractions across hundreds of destinations worldwide.
AmogyAmogy develops patented ammonia cracking technology that converts ammonia into electric power for hydrogen fuel cells and engines, targeting decarbonization of heavy industries including transportation and maritime. The company offers modular ammonia-to-power systems and high-efficiency catalysts as alternatives to diesel and hydrogen fuel solutions.

Companies working in the same space as Modeshift.

Frequently asked questions

What does Modeshift do?
Modeshift provides a cloud-based (Microsoft Azure) SaaS platform for public transit agencies, offering fare collection, mobile ticketing, EMV open-loop payments, RTPI, CAD/AVL integration, hardware, and analytics. It focuses on small and mid-sized cities, serving transit operators in the US and two EU countries.
Who founded Modeshift?
Modeshift was founded by Miroslav Katsarov in 2019.
Who are Modeshift's investors?
Modeshift's investors include Urban Impact Ventures.
How much funding has Modeshift raised?
Modeshift has disclosed $1.3M raised across 1 round.
Where is Modeshift headquartered?
Modeshift is headquartered in Boston, US.