Tech Company Financing Transactions
Optibus Funding Round
Optibus, based in San Francisco, secured $100 million from Bessemer Venture Partners, Insight Venture Partners and Pitango Venture Capital.
Transaction Overview
Company Name
Announced On
5/16/2022
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Undisclosed
Investors
Proceeds Purpose
It said it would use the funding to advance its software platform for all public transportation planning and operations needs, expand into new product and service offerings including real-time operations and electric vehicle management, and strengthen its global presence in existing and new markets.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
535 Mission St. 14th floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Optibus provides a SaaS platform that plans and schedules the movements of every vehicle and driver, with detailed insight into how this affects operations, on-time performance and costs.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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