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
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- 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
Not available
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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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People of Masabi
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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
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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.
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 |
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Investments are focused on mid-market software and technology-enabled services firms.
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Investment in private equity and venture capital since 1996.
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Seed and series-A investments are made in technology companies.
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Investor details for Masabi
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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.
Investment portfolio details for Masabi
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| 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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Complete acquisition details for Masabi
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Financial Statements - Masabi
Detailed financials for Masabi
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Masabi Comparisons
Peer comparison for Masabi
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS mobility-as-a-service and data collection for public transit are provided.
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Passport is recognized for providing parking management software solutions.
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Travel tickets and accommodations are booked via an online platform.
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Mobile ticketing and payment systems are provided for transit operators.
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Public transport app for tickets and timetables
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Detailed competitors of Masabi
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Latest news on 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.
As of Jan 31, 2020, the latest employee count at Masabi is 104.
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.