Optibus develops cloud-based software designed to help public transport operators plan routes, schedule services, manage drivers, and optimize fleet operations. Its platform supports real-time decision-making, mixed fleets, and sustainability initiatives.
The company serves transit agencies, operators, and consultancies by improving efficiency, reducing operational costs, and enhancing passenger experience through intelligent transport planning tools.
What Is Optibus Technologies and What Does It Do?
Optibus Technologies, founded in 2014, is a London-based (United Kingdom) smart transportation technology company.
The company develops an end-to-end public transportation management platform that enables route planning, scheduling, rostering, real-time operations management, and passenger communication.
Optibus Technologies employs 201-500 employees, supporting software development, global sales, customer success, and transit innovation initiatives.
How Much Funding Has Optibus Technologies Raised?
1. Series A
- Amount Raised: $12M
- Date: 2018
- Lead Investors: Vertex Ventures
- Motivation: To expand product capabilities and onboard early transit customers.
2. Series B
- Amount Raised: $50M
- Date: 2020
- Lead Investors: Bessemer Venture Partners
- Motivation: To scale globally and enhance real-time operations technology.
3. Series C
- Amount Raised: $107M
- Date: 2021
- Lead Investors: Insight Partners
- Motivation: To accelerate growth across Europe, North America, and APAC.
4. Series D
- Amount Raised: $91M
- Date: July 2022
- Lead Investors: Insight Partners
- Motivation: To expand enterprise capabilities and support large transit authorities.
Total Funding Raised: $260 Million
Current Valuation: $1.3 Billion (as of May 2022)
Latest Funding Date: July, 2022
Key Investors
1. Insight Partners
- Details: Global software-focused growth equity firm investing in high-scale technology companies.
- Investment Focus Areas: SaaS, data platforms, enterprise software.
- Notable Investments: Optibus, Shopify, Wiz, Monday.com.
2. Bessemer Venture Partners
- Details: One of the oldest venture capital firms, focused on early and growth-stage technology companies.
- Investment Focus Areas: Cloud software, AI, infrastructure.
- Notable Investments: Optibus, LinkedIn, Shopify, Pinterest.
Where Is Optibus Technologies’ Headquarters?
Optibus Technologies is headquartered in London, United Kingdom, serving public transportation agencies across more than 25 countries.
What’s Next for Optibus Technologies?
Optibus is positioned to benefit from the global push toward smart cities and sustainable mobility. The company is expected to deepen integrations with electric and mixed fleets, expand real-time passenger communication tools, and strengthen its presence in large metropolitan transit systems worldwide.
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