SmartBus
Private Transportation Platform
Company Overview
Snapshot
Founded in January 2014 by Yishai Cohen, SmartBus operated with 1–10 employees. The company raised $305K across two funding rounds before being acquired in January 2016.
Business overview
SmartBus develops a web-based and mobile platform designed for reserving buses and minibuses. The platform aims to optimize transportation costs for groups by sending passenger offers to drivers in real time. Its algorithm helps drivers schedule and track rides more efficiently, allowing them to pass savings on to passengers. SmartBus operates within the Business Software sector, focusing on urban mobility solutions and serving B2B, B2C, and B2G business models.
Strategic signal
In November 2015, SmartBus was highlighted for its rapid scaling, particularly noting its bus-share model. This indicated strong market traction and investor interest in its innovative approach to shared mobility and transportation efficiency shortly before its acquisition.
Log in to access full profile ›Company Intelligence Q&A
- When was SmartBus acquired?
- SmartBus was acquired in January 2016.
- What was the total capital raised by SmartBus?
- SmartBus raised a total of $305K across its funding rounds.
- What type of platform does SmartBus offer?
- SmartBus offers a web-based and mobile platform for reserving buses and minibuses, designed to optimize group transportation.
- What was a key development for SmartBus in November 2015?
- In November 2015, SmartBus was recognized for its rapid scaling and bus-share startup model, indicating significant growth and market interest.
- What business models does SmartBus operate under?
- SmartBus operates under B2G, B2B2C, and B2B business models, catering to various organizational and consumer needs for transportation.