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.

Modeshift

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

modeshift.com ↗

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.

Miroslav KatsarovCEO

Lyubomir MinchevNamed on SEC filing

Simeon SimeonovNamed on SEC filing

Pavel IlievCTO

Konstantin SpasovVP of Business Development

Borislav GorovVP of Sales, Europe

Investors · 1

Urban Impact Ventures✓ verified

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.

Competitors · 4

by search overlap

Liftango185 shared keywordsLiftango offers a single platform combining fixed-route transport, demand-responsive transport, and carpooling, with live vehicle tracking, journey planning, and route optimisation. It serves cities and large organisations, including Fortune 500 companies, to run shared and commuter transport programmes.

Smartcitiesdive164 shared keywordsSmart Cities Dive is a news publication covering urban policy, infrastructure, transportation, housing, and technology developments affecting U.S. cities and local governments. It reports on topics such as federal funding, zoning, transit, climate resilience, and municipal use of AI and autonomous vehicles.

Wri131 shared keywordsThe 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.

Timeout114 shared keywordsTime Out is a media brand offering city guides and editorial content covering travel, food, nightlife, movies, music, hotels, and things to do in cities worldwide. It also operates Time Out Market food and cultural venues in locations across North America and other regions.

Companies competing with Modeshift for the same Google search keywords, organic and paid, via search-intersection analysis.

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.