About Masabi
Masabi is a Transportation, Automotive & Logistics company based in London (United Kingdom) founded in 2001 by Sean Patrick Mullaney. Saas-enabled plafform offering mobile ticketing solutions for transport operators. Masabi has raised $53.18 million across 11 funding rounds from investors including Mastercard, Shell and Keolis. The company has 104 employees. Masabi has completed 1 acquisition, including Passenger Tech. Masabi was last valued at $50.52 million in August 2018. Its website masabi.com draws about 20 thousand monthly visits. Its focus areas include Travel and Hospitality Tech, Smart Public Transport, Mobility as a Service and Mobile Ticketing. Its legal entity is BLUE TECHNOLOGIES LIMITED.
Company details
Masabi was founded in 2001 in London, United Kingdom, and operates as a SaaS-enabled platform focused on mobile ticketing for the transport sector. Solutions such as Justride are offered, supporting account-based ticketing, contactless EMV payments, and cash digitization. Features including open integrations, real-time sales tracking, and journey data analytics are included to facilitate operations for transport providers across various geographies.
- Headquarters London, United Kingdom
- Employees 104
- Founders Sean Patrick Mullaney
- Stage Minicorn
- SectorsTransportation, Automotive & Logistics
- Website masabi.com
- Social LinkedIn X
- Legal Name Blue Technologies Limited
- Date of Incorporation 08 Feb, 2023
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$3.71 M (USD)5as on Dec 31, 2021
- Net Profit-$9.1 M (USD)-13as on Dec 31, 2021
- EBITDA-$11.32 M (USD)-17as on Dec 31, 2021
- Total Equity Funding$53.18M (USD)
in 11 rounds
- InvestorsMastercard
& 13 more
- Employee Count104
- Investments & Acquisitions
Funding Insights of Masabi
Masabi has successfully raised a total of $53.18M across 11 strategic funding rounds. 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 $53.18M
- Total Rounds 11
- First Round $799,400
(Oct 2009)
- Investors Count 14
Latest 10 of 11 funding rounds of Masabi with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | Series B | – | Accel-KKR | ||
| Feb 2020 | Series B | – | Shell | – | |
| Apr 2019 | $20M | Series B | – | Smedvig Capital, MMC Ventures | |
| Aug 2018 | $2M | Series B | $50.52M | – | – |
| Apr 2017 | $5M | Series B | $46.62M | Mastercard, Alvarium | |
| Oct 2015 | $12M | Series B | $••••• | Mastercard | |
| Jun 2014 | $4.2M | Series B | $••••• | Fontinalis Partners, MMC Ventures | |
| Dec 2012 | $2.88M | Series B | $••••• | Fontinalis Partners, MMC Ventures | |
| Oct 2011 | $4M | Series B | $••••• | M8 Capital | – |
| Sep 2010 | $2.3M | Series A | $••••• | M8 Capital |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2018 | $50.52M | •••••••• |
| Apr 2017 | $46.62M | •••••••• |
| Oct 2015 | $••••• | •••••••• |
| Jun 2014 | $••••• | •••••••• |
| Dec 2012 | $••••• | •••••••• |
| Oct 2011 | $••••• | •••••••• |
| Sep 2010 | $••••• | •••••••• |
Full valuation and stage history of Masabi
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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Verified entity values are shown only after access is granted.
Last known valuation $50.52M (Aug 2018). 14 investors in total: 10 institutional and 4 angel.
Investors in Masabi
Masabi has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Mastercard, Shell and Keolis.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are focused on mid-market software and technology-enabled services firms. | accel-kkr.com | Menlo Park, United States | ||
Investment in private equity and venture capital since 1996. | smedvigcapital.com | |||
Seed and series-A investments are made in technology companies. | mmc.vc | London, United Kingdom | ||
| m8capital.com | ||||
Tech focused Stage-Agnostic VC Firm investing in the US | fontinalis.com | Detroit, United States | ||
Shell is recognized as a global energy and petrochemical company. | 1907 | shell.com | London, United Kingdom | |
Global payments are processed via card network connections. | 1966 | mastercard.com | Purchase, United States | |
| alvariuminvestments.com | ||||
Passenger transportation services are operated by Keolis across various countries. | 1983 | keolis.com | Paris, France | |
| mmcventures.com |
Investor details for Masabi
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Masabi
66 people are tracked at Masabi (20 in leadership, 46 in team); the tracked headcount is 104.
| Name | Role | Group |
|---|---|---|
Sean Patrick Mullaney | Co-Founder | Leadership |
John Howson | Leadership | |
Gavin Rooke | Vp, Finance | Leadership |
Elizabeth Palit | Head Of Product | Leadership |
Brian Zanghi | Chief Executive Officer | Leadership |
Jamie Toolin | Director of Platform Strategy | Leadership |
Joe Eldridge | Chief Technology Officer | Leadership |
John Scrooby | Chief People Officer | Leadership |
Josh Nicklin | Chief Strategy Officer | Leadership |
Kristina Kellman | Director of People | Leadership |
Radu Cenusa | Head Of Talent | Leadership |
Taya Leybman | Chief Product Officer | Leadership |
Nafeezah Padamsey | Head of Product | Leadership |
Leah Samia | Global Revenue Operations Director | Leadership |
Jyothsna Amarlapudi | Head Of QA | Leadership |
Lewis Theobald | Senior Director Of Engineering | Leadership |
Hamish Floyd | Chief Financial Officer | Leadership |
Max Feetham | Vice President Of Business Development | Leadership |
Waseem Razzaq | Talent Partner On-site Via 110:talent | Leadership |
Cliona Healy | Senior People Partner | Leadership |
46 more people are available in the full profile.
Complete people profiles for Masabi
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Masabi
Masabi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Passenger Tech.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provides apps and websites for bus operators and transport authorities worldwide. | passenger.tech | 0 | Feb 2026 | •••• |
Complete acquisition details for Masabi
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Masabi
5 dated milestones of Masabi across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Masabi is founded.
- Funding First funding round of $799K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B,.
- Acquisition Acquires Passenger Tech.
Web traffic of Masabi
The website of Masabi (masabi.com) receives about 20K visits a month.
- Monthly visits20K
▲ 17.5% vs previous month
Websites whose visitors overlap most with Masabi. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ebizcharge.com | 100% | #456,263 | View details | ||
| c2c-online.co.uk | 97% | 193.5K | #226,718 | View details | |
thetransitwire.com | thetransitwire.com | 74% | – | ||
| shipserv.com | 73% | 279.9K | #146,242 | View details | |
| canatu.com | 73% | 19.3K | #1,323,612 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Masabi
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 12 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Rail IT
2 companies that operate in the same segment as Masabi (Rail IT) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Rail distribution solutions are provided for operators and distributors. | 2009 | London, England, United Kingdom | USD 71.4 M | USD 9.44 M | 38 | |
Provider of software, hardware, data analytics, and transport services | 2004 | Leeds, England, United Kingdom | USD 108.37 M | 1,810 |
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Related news about Masabi
Complete news archive for Masabi
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Frequently Asked Questions about Masabi
Masabi was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Masabi is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Masabi is a funded company, having raised a total of $53.18M across 11 funding rounds to date. The company's 1st funding round was a Series A of $2.3M, raised on Oct 2009.
Masabi has 104 employees.
Annual revenue of Masabi is $3.71M as on Dec 31, 2021.
Masabi was founded in 2001 in London, United Kingdom, and operates as a SaaS-enabled platform focused on mobile ticketing for the transport sector. Solutions such as Justride are offered, supporting account-based ticketing, contactless EMV payments, and cash digitization. Features including open integrations, real-time sales tracking, and journey data analytics are included to facilitate operations for transport providers across various geographies.
Masabi has made 1 acquisition, including Passenger Tech.
Masabi has 14 investors. Key investors include Mastercard, Shell, Keolis, Accel-KKR, and Smedvig Capital.
The valuation of Masabi is $50.52M as of Aug 2018.
Masabi operates through Blue Technologies Limited.