Token Transit logo — A Complete Fare Payment Platform.

Token Transit

A Complete Fare Payment Platform.

Founded 2015 United States San Francisco, United States 11 employees Seed Total: $4.12M Payments, Transportation

General Information

Company Name Token Transit
Founded Year 2015
Location United States San Francisco, United States
Employees 11
Industries Payments, Transportation
Funding Stage Seed
Social

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About Token Transit

Token Transit is a payments and transportation startup based in the United States, founded in 2015. The company's slogan "A Complete Fare Payment Platform" embodies its mission to simplify the transit experience by reducing the barriers to fare payment. Token Transit offers a comprehensive fare payment platform for various modes of public transportation, including bus, rail, ferry, and paratransit services.

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.

Business keywords: 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 $4.12M 2
Trucks VC, Dynamo
17 Oct 2019
Pre Seed Round Undisclosed 8
Y Combinator, Liquid 2 Ventures +6
20 Mar 2017

Token Transit Alternatives & Competitors

Token Transit vs
Modeshift
Modeshift United States

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52 employees
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Token Transit vs

Global Payment and Management Platform for SmartPhones. Úsanos para: - Transporte público - Rea...

Debt Financing
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Token Transit vs

HopOn provides seamless mobility and data collection solutions for any means of public and shared tr...

Venture round
33 employees
Payments, Transportation

FAQ About Token Transit

A Complete Fare Payment Platform.
Token Transit was founded in 2015.
Token Transit is headquartered in San Francisco, United States.
Token Transit operates in Payments and Transportation. Its work centres on public transportation, fare payment platform, transportation agencies and mobile ticketing.
Token Transit has approximately 11 employees.
Token Transit has completed 2 funding rounds, raising a total of $4.12M. The latest funding stage is Seed.
Top alternatives and competitors to Token Transit include Modeshift, Payment Innovation Network S.L., HopOn - Seamless Mobility, Gozem - Africa's Super App, RoadSync. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Token Transit and Modeshift are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Token Transit, https://bouncewatch.com/company/token-transit, updated 12 September 2024. When citing, please name BounceWatch and link this page.

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