TransLoc is a leading company in the transportation industry, founded in 2004. Serving over 600 million riders annually, it collaborates with various entities including small to medium-sized municipalities, hospitals, corporate campuses, universities, and airports.
On March 1, 2022, TransLoc was acquired by Modaxo, a global collective of technology companies dedicated to reshaping public transportation. Modaxo provides a strong framework for its business units, focusing on business processes, financial decisions, and employee development while allowing TransLoc to maintain its autonomy and unique culture.
Embracing a mission to reimagine transportation through accessible, equitable, and sustainable means, TransLoc focuses on continuous iteration and innovation, developing products to serve communities. The company's emphasis on people-centric values is reflected in its recruitment of technically skilled and relationally oriented individuals. These employees uphold TransLoc’s values - playing to win, doing the right thing, rising up, and possessing a growth mindset. The last significant investment of $8.00M was a Series A round led by SJF Ventures, Fontinalis Partners, Thomas McMurray, and Efficient Capacity fund on 31 March 2016.
TransLoc's commitment to making public transit accessible to all not only presents a transformative opportunity for its employees but also aligns with its goal of driving the future of public transit, making a lasting difference in the lives of others.