Over 200 municipal and regional transportation agencies across North America benefit from Token Transit's software and hardware solutions, which provide riders with enhanced flexibility, convenience, and ease. The platform enables commuters to purchase fares using their mobile phones, significantly streamlining the payment process.
The company recently secured a significant milestone with a $4.12M Seed Round investment on 17 October 2019. The investment was led by Dynamo Ventures and Trucks VC, demonstrating the confidence of notable investors in Token Transit's potential to revolutionize fare payment in the transportation industry. This funding will likely support the company's expansion and further development of its innovative solutions, positioning Token Transit as a key player in the evolving landscape of transportation and payments.General Information
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United States Market
About Token Transit
Taxonomy: public transportation, fare payment platform, transportation agencies, mobile ticketing, SaaS solutions, transit technology, digital payments, mobility management, transportation accessibility, contactless payments
Funding Rounds & Investors (2)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Seed Round | •••••• | 2 |
|
17 Oct 2019 |
| Pre Seed Round | •••••• | 8 |
|
20 Mar 2017 |
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