About HopOn
HopOn is a company based in Tel Aviv (Israel) founded in 2013.. HopOn has raised $10.7 million across 3 funding rounds from investors including Clear Future and Moneta VC. HopOn has completed 2 acquisitions, including ECR Systems and TAF mobile. HopOn offers products and services including MaaS Platform, PoS Solutions, and Ticketing Software. HopOn operates in a competitive market with competitors including Moovit, Easybook, Masabi, Ubirider and Rail Europe, among others.
- Headquarter Tel Aviv, Israel
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.7 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series B
Aug 01, 2021
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Investors
Clear Future
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
ECR Systems
& 1 more
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Products & Services of HopOn
HopOn offers a comprehensive portfolio of products and services, including MaaS Platform, PoS Solutions, and Ticketing Software. 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.
Cloud-based system for real-time data and urban travel optimization
End-to-end retail and ticketing for transportation and leisure
Secure tools for account-based billing and passenger management
Unlock access to complete
Funding Insights of HopOn
HopOn has successfully raised a total of $10.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in August 2021. 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 B — $10.0M
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First Round
First Round
(20 Dec 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - HopOn | Valuation |
investors |
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| Jan, 2018 | Amount | Series A - HopOn | Valuation | Clear Future |
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| Dec, 2014 | Amount | Seed - HopOn | Valuation | Moneta |
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| 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 HopOn
HopOn has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Clear Future and Moneta VC. 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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Clear Future is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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Investments are directed by Moneta toward data science technology startups.
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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 HopOn
HopOn has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ECR Systems and TAF mobile. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Digital mobility solutions are provided by TAF mobile for cities.
|
2003 | ||||
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POS and mPOS solutions are offered for payment processing.
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1973 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - HopOn
| 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 |
Hopon Comparisons
Competitors of HopOn
HopOn 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 Moovit, Easybook, Masabi, Ubirider and Rail Europe, 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 |
AI-enabled mobility-as-service platform is developed for transit operators.
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| domain | founded_year | HQ Location |
Travel tickets and accommodations are booked via an online platform.
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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 |
Public transport app for tickets and timetables
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| domain | founded_year | HQ Location |
Train journeys are planned and booked via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Hopon
Frequently Asked Questions about HopOn
When was HopOn founded?
HopOn was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is HopOn located?
HopOn is headquartered in Tel Aviv, Israel.
Is HopOn a funded company?
HopOn is a funded company, having raised a total of $10.7M across 3 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Dec 20, 2014.
What does HopOn do?
HopOn was founded in 2013 in Tel Aviv, Israel, and operates in the public transit sector. A SaaS-enabled mobility-as-a-service and data collection solution is offered to operators through consumer-facing mobile apps for passengers, apps for inspectors, and management interfaces. Boarding passes are requested via the app and generated automatically using beacon technology that transmits data over ultrasonic sound waves. Multiple simultaneous validations and payments are supported for ticketing purposes.
Who are the top competitors of HopOn?
HopOn's top competitors include Moovit, Masabi and Rail Europe.
What products or services does HopOn offer?
HopOn offers MaaS Platform, PoS Solutions, and Ticketing Software.
How many acquisitions has HopOn made?
HopOn has made 2 acquisitions, including ECR Systems, and TAF mobile.
Who are HopOn's investors?
HopOn has 2 investors. Key investors include Clear Future, and Moneta VC.