Optibus

Company Overview

Snapshot

Founded in July 2011 by Amos Haggiag, Eitan Yanovsky, and Gady Shlasky, Optibus has grown to 201–500 employees. The company has raised $260 million across 7 funding rounds from 13 investors. In April 2024, Optibus received a strategic investment from Wind Ventures to advance bus electrification in Latin America.

Business overview

Optibus specializes in optimizing public transportation systems through its cloud-native, AI-driven platform. This platform provides comprehensive solutions for planning, scheduling, rostering, operations, and passenger information, leveraging advanced artificial intelligence and optimization algorithms to enhance efficiency and sustainability for transit systems. Operating in over 6,000 cities across more than 35 countries, Optibus facilitates approximately 7 billion trips annually and offers tools for transitioning to zero-emission bus fleets, real-time operational management, and rapid scenario creation. The company operates within the Automotive & Mobility Technologies sector, focusing on urban mobility and smart city solutions.

Strategic signal

In April 2024, Optibus secured a strategic investment from Wind Ventures, aimed at accelerating bus electrification initiatives across Latin America. This investment highlights Optibus's critical role in advancing sustainable transportation solutions and signals growing investor confidence in its AI-powered platform for supporting the global transition to electric vehicle fleets within public transit.

Company Intelligence Q&A

What was Optibus's most recent funding activity?

In April 2024, Optibus received a strategic investment from Wind Ventures to advance bus electrification in Latin America.

When did Optibus acquire Datik?

Optibus acquired Datik in September 2024, expanding its capabilities into real-time data solutions.

Which investors participated in Optibus's May 2022 funding round?

In May 2022, Optibus received funding from investors including Verizon Ventures Israel.

When did Optibus acquire Trillium?

Optibus acquired transportation passenger platform Trillium in April 2022.

Which investor led Optibus's March 2021 funding round?

In March 2021, Bessemer Venture Partners led a funding round for Optibus, which raised $107 million.