SmartBus

Private Transportation Platform

Business Software
Acquired (Inactive) by null on Jan 2016 - closed due to acquisition

Company Overview

Snapshot

Founded in January 2014 by Yishai Cohen, SmartBus operates with 1–10 employees. In May 2015, SmartBus received a grant from the #JerusalemApp Smart City Contest.

Business overview

SmartBus develops a web-based and mobile platform designed for reserving buses and minibuses. The platform aims to reduce transportation costs for groups by 35% to 45%. Its algorithm optimizes scheduling and tracking for drivers, enabling them to pass savings on to passengers. SmartBus operates within the Business Software sector, specifically focusing on Sales & Marketing Solutions and Urban Mobility within Automotive & Mobility Technologies. It serves B2B, B2B2C, and B2G business models, targeting consumers, professionals, event organizers, and enterprises.

Strategic signal

In November 2015, SmartBus was highlighted by Geektime for its rapid scaling, indicating strong early market traction for its bus-sharing model. This suggests investor interest in the company's potential to disrupt group transportation through technology-driven efficiency and cost savings, positioning it as a notable player in the smart mobility space prior to its acquisition.

Company Intelligence Q&A

When was SmartBus founded?
SmartBus was founded in January 2014.
Who founded SmartBus?
SmartBus was founded by Yishai Cohen.
What is the primary focus of SmartBus's platform?
SmartBus focuses on building a web-based and mobile platform for reserving buses and minibuses, aiming to reduce transportation costs for groups.
What significant recognition did SmartBus receive in May 2015?
In May 2015, SmartBus received a grant from the #JerusalemApp Smart City Contest.
What was a key strategic development for SmartBus in November 2015?
In November 2015, Geektime reported on SmartBus's rapid scaling, highlighting its bus-share startup model.