About Masabi
Masabi is a company based in London (United Kingdom) founded in 2001 by Sean Patrick Mullaney.. Masabi has raised $53.18 million across 11 funding rounds from investors including Mastercard, Shell and Keolis. The company has 104 employees as of January 31, 2020. Masabi has completed 1 acquisition, including Passenger Tech. Masabi operates in a competitive market with competitors including HopOn, Passport, Easybook, Bytemark and Ubirider, among others.
- Headquarter London, United Kingdom
- Employees 104 as on 31 Jan, 2020
- Founders Sean Patrick Mullaney
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Blue Technologies Limited
- Date of Incorporation 08 Feb, 2023
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$3.71 M (USD)5as on Dec 31, 2021
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Net Profit
$-9.1 M (USD)-13as on Dec 31, 2021
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EBITDA
$-11.32 M (USD)-17as on Dec 31, 2021
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Total Equity Funding
$53.18 M (USD)
in 11 rounds
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Latest Funding Round
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Investors
Mastercard
& 13 more
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Employee Count
104
as on Jan 31, 2020
- Investments & Acquisitions
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Software Development Team
30 people
Product Management Team
8 people
Finance and Accounting
5 people
Human Resources and Administration
4 people
Leadership Team
3 people
Senior Team
3 people
Office Team
2 people
Legal and Compliance
2 people
Unlock access to complete
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 Total Funding
- Total Rounds 11
- Last Round Last Round
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First Round
First Round
(01 Oct 2009)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series B - Masabi | Valuation | Accel-KKR | |
| Feb, 2020 | Amount | Series B - Masabi | Valuation | Shell |
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| Apr, 2019 | Amount | Series B - Masabi | Valuation | Smedvig Capital , MMC Ventures |
| 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 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. 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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Investments are focused on mid-market software and technology-enabled services firms.
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Founded Year | Domain | Location | |
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Investment in private equity and venture capital since 1996.
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Founded Year | Domain | Location | |
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Seed and series-A investments are made in technology companies.
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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 Masabi
Masabi has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Passenger Tech. 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
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provides apps and websites for bus operators and transport authorities worldwide.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Masabi
| 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 |
Masabi Comparisons
Competitors of Masabi
Masabi 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 HopOn, Passport, Easybook, Bytemark and Ubirider, 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 |
SaaS mobility-as-a-service and data collection for public transit are provided.
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| domain | founded_year | HQ Location |
Passport is recognized for providing parking management software solutions.
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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 |
Mobile ticketing and payment systems are provided for transit operators.
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| domain | founded_year | HQ Location |
Public transport app for tickets and timetables
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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 Masabi
Frequently Asked Questions about Masabi
When was Masabi founded?
Masabi was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Where is Masabi located?
Masabi is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Masabi a funded company?
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 B of $20M, raised on Oct 01, 2009.
How many employees does Masabi have?
As of Jan 31, 2020, the latest employee count at Masabi is 104.
What is the annual revenue of Masabi?
Annual revenue of Masabi is $3.71M as on Dec 31, 2021.
What does Masabi do?
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.
How many acquisitions has Masabi made?
Masabi has made 1 acquisition, including Passenger Tech.
Who are Masabi's investors?
Masabi has 14 investors. Key investors include Mastercard, Shell, Keolis, Accel-KKR, and Smedvig Capital.
What is Masabi's valuation?
The valuation of Masabi is $50.52M as of Aug 2018.