HopOn

Mobility, Ticketing, and Big Data Solutions

Automotive & Mobility Technologies
Private

Company Overview

Snapshot

Founded in October 2012 by Ofer Sinai, Itzik Mizrachi, and David Mezuman, HopOn operates with 11–50 employees. The company has raised $11 million across 4 funding rounds from 9 investors. In March 2022, HopOn acquired Germany's TAFmobile, signaling its continued expansion in the European market.

Business overview

HopOn provides comprehensive mobility and data collection solutions for public and shared transportation, leveraging a patented, hardware-free validation process. Its technology supports various ticketing scenarios, including CiCo, CiBo, and BiBo, and is designed to facilitate the transition to post-paid, account-based billing, and best-price models for public transportation operators. The company's solutions have been deployed in major European cities and integrated with leading banks, operating within the Automotive & Mobility Technologies and Fintech & Insurtech sectors.

Strategic signal

In March 2022, HopOn acquired Germany-based TAFmobile, a strategic move that underscores the company's aggressive expansion strategy within the European market. This acquisition is a clear signal to investors of HopOn's intent to consolidate its presence and enhance its technological capabilities in key regions, positioning it for increased market share and operational scale in the urban mobility and ticketing space.

Company Intelligence Q&A

What was a significant acquisition made by HopOn?
In March 2022, HopOn acquired Germany's TAFmobile, a move that supported its ongoing expansion efforts in the European market.
Which company did HopOn acquire in August 2021?
In August 2021, HopOn expanded its operations by acquiring UK-based ECR Retail Systems.
When did HopOn receive funding from UMI?
In May 2021, HopOn received funding from UMI, a car importer, to support its public transportation technology investments.
Which investors participated in HopOn's February 2018 funding round?
In February 2018, HopOn received funding from investors including Dan Public Transportation Co Ltd.
What was a key development for HopOn in January 2018?
In January 2018, HopOn secured funding from investors such as Standard Bank of.

External links