Fundraising Fox

Optibus

Unicorn · $1.3B

Tel Aviv, IL · Founded 2014 · 342 employees on LinkedIn · 10 known investors

Optibus provides a unified software platform for public transportation agencies and operators to plan, schedule, and manage transit services using artificial intelligence and optimization algorithms. The platform serves public transportation agencies, departments of transportation, and private operators across more than 35 countries to improve service efficiency and sustainability.

Founders & leadership

Optibus was founded in 2014 by Amos Haggiag and Eitan Yanovsky.

AHAmos Haggiag
Amos HaggiaginCo-Founder & CEOAmos Haggiag co-founded Optibus in 2014 and runs it as CEO, applying optimisation and AI to how bus and rail networks are scheduled. A $100m Series D led by Insight Partners in 2022 made Optibus the first public transport unicorn at a $1.3bn valuation.
EYEitan Yanovsky
Eitan YanovskyinCo-Founder & CTOEitan Yanovsky co-founded Optibus in 2014 and is its chief technology officer, responsible for the optimisation engine that plans and schedules public transport networks in more than 5,000 cities.

Investors · 10

Also in the syndicate · 1

SOMV Momentum

Funding

SEC filings, press & company announcements

$100M disclosed across 1 round · 2022

Source: company announcements and press reports — follow each round's link for the claim.

Valuation · disclosed

Disclosed events
$1.3Bvaluation at Series DMay 2022
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Competitors · 6

by search overlap
Via Transportation58 shared keywordsVia operates a microtransit service platform that helps cities improve public transportation by providing flexible routing and on-demand services. The company serves municipal transportation agencies seeking alternatives to traditional fixed-route bus networks.
Liftango53 shared keywordsLiftango 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.
Transit41 shared keywordsTransit is a public transit app that helps people navigate cities using buses, trains, bikes, and walking instead of cars. The company builds mobile navigation and real-time transit data products for urban commuters, and partners with transit agencies.
Swiftly40 shared keywordsSwiftly provides a data platform for public transit agencies to track vehicle locations, generate real-time passenger information and arrival predictions, and analyze historical operations data. Its tools support service reliability, schedule optimization, and customer service for transit systems worldwide.
Transloc39 shared keywordsTransLoc provides fixed route and on-demand microtransit software for transit agencies, universities, airports, corporate campuses, healthcare systems, and hospitality operators. Its platform includes reporting, GTFS feeds, rider- and driver-facing apps, and transit hardware to manage and optimize bus transit operations.
Geotab35 shared keywordsGeotab provides a commercial telematics and fleet management platform that connects vehicles and uses GPS, on-board diagnostics, AI, and data analytics to help organizations track vehicle location, driver safety, maintenance, fuel use, and compliance. It serves commercial and public sector fleets of all sizes across industries such as construction, delivery, utilities, and waste management, through hardware devices, software, and an open partner ecosystem.</parameter> <parameter name="founders">[]

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

In the news

Frequently asked questions

What does Optibus do?
Optibus provides a unified software platform for public transportation agencies and operators to plan, schedule, and manage transit services using artificial intelligence and optimization algorithms. The platform serves public transportation agencies, departments of transportation, and private operators across more than 35 countries to improve service efficiency and sustainability.
Who founded Optibus?
Optibus was founded by Amos Haggiag, Eitan Yanovsky in 2014.
Who are Optibus's investors?
Optibus's investors include Bessemer Venture Partners, Insight Partners, Pitango, Tencent Holdings, Verizon Ventures, New Era Capital Partners, State of Mind Ventures, Volvo Group Venture Capital AB and 1 more.
How much funding has Optibus raised?
Optibus has disclosed $100M raised across 1 round.
Where is Optibus headquartered?
Optibus is headquartered in Tel Aviv, IL.