About GoMetro
GoMetro is a company based in Cape Town (South Africa) founded in 2011 by Justin Coetzee PrEng.. GoMetro has raised $12.39 million across 3 funding rounds from investors including Zenobē, Futuregrowth and European Union. GoMetro offers products and services including Bridge, ConnecTyre, EV-FIT, Keystone, and Battery-on-Bus Health Monitor. GoMetro operates in a competitive market with competitors including Tracsis, Swiftly, Teralytics, 365 Response and SHARE Mobility, among others.
- Headquarter Cape Town, South Africa
- Founders Justin Coetzee PrEng
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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 Gometro Uk Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.39 M (USD)
in 3 rounds
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Latest Funding Round
$11.39 M (USD), Series A
Nov 29, 2023
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Investors
Zenobē
& 8 more
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Employee Count
Employee Count
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Products & Services of GoMetro
GoMetro offers a comprehensive portfolio of products and services, including Bridge, ConnecTyre, EV-FIT, Keystone, and Battery-on-Bus Health Monitor. 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.
Software for real-time fleet visibility and operational optimization.
Rim-mounted device for tyre pressure and safety monitoring.
Data-driven system for electric vehicle feasibility and integration.
Advanced analytics for actionable fleet management insights.
Real-time data monitoring for electric vehicle performance.
Funding Insights of GoMetro
GoMetro has successfully raised a total of $12.39M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $11.39 million completed in November 2023. 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 — $11.4M
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First Round
First Round
(05 May 2022)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2023 | Amount | Series A - GoMetro | Valuation | Zenobē | |
| Sep, 2022 | Amount | Grant - GoMetro | Valuation |
investors |
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| May, 2022 | Amount | Seed - GoMetro | Valuation | Kalon Venture Partners , Hlayisani Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 GoMetro
GoMetro has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Zenobē, Futuregrowth and European Union. 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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Hlayisani Capital is engaged in private equity and venture capital investments in Africa.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Venture capital funding is offered to technology startups in Africa.
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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 GoMetro
| 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 - GoMetro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Gometro Comparisons
Competitors of GoMetro
GoMetro 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 Tracsis, Swiftly, Teralytics, 365 Response and SHARE Mobility, 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 |
Provider of software, hardware, data analytics, and transport services
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| domain | founded_year | HQ Location |
Swiftly is recognized for providing public transportation software solutions.
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| domain | founded_year | HQ Location |
AI-based analytics for human behavior insights are provided globally.
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| domain | founded_year | HQ Location |
Cloud-enabled transportation management solutions for school and paratransit are provided.
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| domain | founded_year | HQ Location |
SaaS-enabled transit planning and multi-modal mobility solutions are offered.
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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 Gometro
Frequently Asked Questions about GoMetro
When was GoMetro founded?
GoMetro was founded in 2011 and raised its 1st funding round 11 years after it was founded.
Where is GoMetro located?
GoMetro is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
Who is the current CEO of GoMetro?
Justin Coetzee PrEng is the current CEO of GoMetro. They have also founded this company.
Is GoMetro a funded company?
GoMetro is a funded company, having raised a total of $12.39M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on May 05, 2022.
What does GoMetro do?
Founded in 2011 in Cape Town, South Africa, GoMetro operates in the public transport sector. SaaS-based solutions are delivered to transit authorities and agencies, encompassing fleet management, journey planning, optimization, and data collection. Integration with existing systems is supported for dispatch management and digital twin-enabled traffic interventions. Services target public transit operations across various regions.
Who are the top competitors of GoMetro?
GoMetro's top competitors include Tracsis, Teralytics and Swiftly.
What products or services does GoMetro offer?
GoMetro offers Bridge, ConnecTyre, EV-FIT, Keystone, and Battery-on-Bus Health Monitor.
Who are GoMetro's investors?
GoMetro has 9 investors. Key investors include Zenobē, Futuregrowth, European Union, Hlayisani Capital, and Tritech Global.
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