About Bytemark
Bytemark is a company based in New York (United States) founded in 2011.. Bytemark has raised $25.7 million across 3 funding rounds from investors including Init, HaCon and Next47. Bytemark offers products and services including Bytemark Bridge, Fare Collection Hardware Integrations, and Apps and Backend Systems. Bytemark operates in a competitive market with competitors including Passport, Masabi, Ticketer, Ridango and Modeshift, among others.
- Headquarter New York, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Siemens Mobility Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.7 M (USD)
in 3 rounds
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Latest Funding Round
$6.5 M (USD), Series A
Sep 11, 2019
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Investors
Init
& 2 more
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Employee Count
Employee Count
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Products & Services of Bytemark
Bytemark offers a comprehensive portfolio of products and services, including Bytemark Bridge, Fare Collection Hardware Integrations, and Apps and Backend Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for planning, booking, and paying for transit trips seamlessly.
Tools for integrating transit payments with existing systems efficiently.
Applications for transit benefits and validation services worldwide.
Funding Insights of Bytemark
Bytemark has successfully raised a total of $25.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $6.5 million completed in September 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $6.5M
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First Round
First Round
(08 Sep 2016)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - Bytemark | Valuation |
investors |
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| Mar, 2018 | Amount | Series A - Bytemark | Valuation |
investors |
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| Sep, 2016 | Amount | Series A - Bytemark | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bytemark
Bytemark has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Init, HaCon and Next47. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture investments in systems, infrastructure, and applications for enterprise founders.
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Founded Year | Domain | Location | |
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Intelligent transit software is supplied to mobility operators.
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Founded Year | Domain | Location | |
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IT service suite solutions are provided to clients worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bytemark
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bytemark
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bytemark Comparisons
Competitors of Bytemark
Bytemark operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Passport, Masabi, Ticketer, Ridango and Modeshift, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Passport is recognized for providing parking management software solutions.
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| domain | founded_year | HQ Location |
Saas-enabled plafform offering mobile ticketing solutions for transport operators
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| domain | founded_year | HQ Location |
Cloud-enabled ticketing solutions are provided for transit operators.
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| domain | founded_year | HQ Location |
Ticketing solutions for transit agencies are provided by Ridango.
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| domain | founded_year | HQ Location |
Offers a SaaS platform for automated fare collection in transit operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bytemark
Frequently Asked Questions about Bytemark
When was Bytemark founded?
Bytemark was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Bytemark located?
Bytemark is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Bytemark a funded company?
Bytemark is a funded company, having raised a total of $25.7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $9.5M, raised on Sep 08, 2016.
What does Bytemark do?
Bytemark was founded in 2011 and is based in New York, United States. Operations focus on the transit sector, where a platform for mobile ticketing, transactions, POS system integration, and web-based commerce is offered. A digital wallet environment is created to enable interactions between mobile and web apps, with back-office tools provided for merchants to track customer data and habits.
Who are the top competitors of Bytemark?
What products or services does Bytemark offer?
Bytemark offers Bytemark Bridge, Fare Collection Hardware Integrations, and Apps and Backend Systems.
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