About Bytemark
Bytemark is a Transportation, Automotive & Logistics company based in New York (United States) founded in 2011. Mobile ticketing and payment systems are provided for transit operators. Bytemark has raised $25.7 million across 3 funding rounds from investors including Init, HaCon and Next47. Its website bytemark.co draws about 33 thousand monthly visits. Its Indian entity Bytemark Technology Solutions India Private Limited reported revenue of ₹6.93 Cr. Bytemark offers products and services including Bytemark Bridge, Fare Collection Hardware Integrations, and Apps and Backend Systems. Its focus areas include Travel and Hospitality Tech, Smart Public Transport, Mobility as a Service and Mobile Ticketing. Its competitors include Passport and Modeshift; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Headquarters New York, United States
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Shipping and Logistics
- Website bytemark.co
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Siemens Mobility Inc.
- Date of Incorporation 09 Aug, 2017
- Indian entity revenue₹6.93 Cr
FY 2025 · -47% YoY
- Indian entity net profit₹28.7 Lakh
FY 2025 · 4% margin
- Indian entity EBITDA₹78.1 Lakh
FY 2025 · 11% margin
- Total Equity Funding$25.7M (USD)
in 3 rounds
- Latest Funding Round$6.5M (USD), Series A
Sep 2019
- InvestorsInit
& 2 more
Associated legal entities of Bytemark
Bytemark operates through Bytemark Technology Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bytemark Technology Solutions India Private Limited CIN U74999KA2017FTC105420 | Active | 09 Aug 2017 | Bengaluru, Karnataka | ₹6.9 Cr | 44 | 2 | View details |
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.
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.
Apps and channels of Bytemark
Bytemark publishes 2 mobile apps with over 150K+ downloads; its YouTube channel Bytemark has 619 subscribers and 3 videos.
Videos from Bytemark
The most watched videos on Bytemark's YouTube channel, Bytemark (619 subscribers). Click a video to play it here.
More on Bytemark.
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 $25.7M
- Total Rounds 3
- Last Round Series A — $6.5M
- First Round $9.5M
(Sep 2016)
- Investors Count 3
All 3 funding rounds of Bytemark with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
Intelligent transit software is supplied to mobility operators. | 1984 | hacon.de | Hannover, Germany | |
IT service suite solutions are provided to clients worldwide. | 1995 | init.de | Berlin, Germany |
Investor details for Bytemark
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Bytemark Technology Solutions India Private Limited (Bytemark)
Bytemark Technology Solutions India Private Limited is the primary company behind Bytemark. The board of Bytemark Technology Solutions India Private Limited currently have 2 directors; the longest-serving is Rajeev Prafulchandra Joisar, appointed in 2025. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajeev Prafulchandra Joisar DIN 07983712 | Additional Director | 05 Jun 2025 | 1 yr 5 mo | Bytemark Technology Solutions India Private Limited |
| Orban Benedict Von Fedak DIN 10806395 | Additional Director | 05 Jun 2025 | 1 yr 5 mo | Bytemark Technology Solutions India Private Limited |
Financials of Bytemark
Figures of Bytemark Technology Solutions India Private Limited, the primary company behind Bytemark, for FY 2025. Revenue was ₹6.93 Cr (-47% year on year). Net profit was ₹28.7 Lakh (4% margin). EBITDA was ₹78.1 Lakh (11% margin). Revenue has grown at a compounded annual rate of -20% over three years and -4% over five years.
- ₹6.93 CrRevenue · FY 2025 · -47% YoY
- ₹28.7 LakhNet profit · 4% margin
- ₹78.1 LakhEBITDA · 11% margin
- ₹1.1 LakhPaid-up capital
- 44Employees (provident fund records)
- -20%Revenue CAGR, 3 years
- -4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Bytemark Technology Solutions India Private Limited are on its company page.
Detailed financial statements for Bytemark
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Bytemark
3 dated milestones of Bytemark across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Bytemark is founded.
- Funding First funding round of $9.5M.
- Funding Latest funding round, Series A, of $6.5M.
Competitors of Bytemark
Bytemark has 2 listed competitors in our database, 1 of them funded. They include Passport and Modeshift.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| passportinc.com | 2010 | Wilmington, United States | $212.5M | 237 | Passport is recognized for providing parking management software solutions. | |
| modeshift.com | 2017 | Boston, United States | Offers a SaaS platform for automated fare collection in transit operations. |
Detailed competitors of Bytemark
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Verified entity values are shown only after access is granted.
Web traffic of Bytemark
The website of Bytemark (bytemark.co) receives about 32.6K visits a month and ranks #591,813 among all websites worldwide, #2,900 in Shipping and Logistics.
- Monthly visits32.6K
▼ 23.9% vs previous month
- Unique visitors22.8K
per month
- Global rank#591,813
among all websites
- Category rank#2,900
Business and Consumer Services · Shipping and Logistics
- Bounce rate31%
- Pages per visit3.9
- Average visit1 min 28 sec
- DevicesDesktop 13% · Mobile 87%
Websites whose visitors overlap most with Bytemark. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
cardzme.com | cardzme.com | 100% | – | ||
canvas.is | canvas.is | 96% | #9,725,655 | – | |
| simplereach.com | 96% | View details | |||
| google.com | 49% | 85.8B | #1 | View details |
Top companies in Road Transport Tech
3 companies that operate in the same segment as Bytemark (Road Transport Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
An online platform providing ride-hailing and food delivery services | 2009 | San Francisco, California, United States | USD 13.21 B | USD 52.02 B | 34,000 | |
Electric kick-scooters are rented through an app-based platform. | 2017 | Miami, Florida, United States | USD 765 M | USD 244.66 M | 953 | |
Self-driving vehicle solutions are developed and deployed for transportation. | 2009 | Mountain View, California, United States | USD 27.1 B |
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Related news about Bytemark
Complete news archive for Bytemark
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Frequently Asked Questions about Bytemark
Bytemark was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Bytemark is headquartered in New York, United States. It is registered at New York, New York, United States.
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 2016.
The primary company behind Bytemark, Bytemark Technology Solutions India Private Limited, reported revenue of ₹6.93 Cr for FY 2025, down 47% year on year.
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.
Bytemark offers Bytemark Bridge, Fare Collection Hardware Integrations, and Apps and Backend Systems.
Bytemark operates through Bytemark Technology Solutions India Private Limited.
The legal entities of Bytemark currently have 2 directors, including Rajeev Prafulchandra Joisar, Orban Benedict Von Fedak.
Yes. Bytemark publishes Flamingo Fares and 1 more app, with over 150,000 downloads.