About MTA
MTA is a company based in New York (United States) founded in 1965. It operates as a On-Demand Services, and Subscription Services. MTA offers products and services including Public Transit Services and Paratransit Services.
- Headquarter New York, United States
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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 Metropolitan Transportation Authority
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$643.1 M (USD), Debt – Conventional
Jun 01, 2017
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Investors
U.S. Department of Transportation
& 1 more
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Employee Count
Employee Count
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Products & Services of MTA
MTA offers a comprehensive portfolio of products and services, including Public Transit Services and Paratransit Services. 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.
Public transit services are provided across New York area.
Paratransit services are offered for accessibility in transit.
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Software Development Team
99 people
Leadership Team
89 people
Human Resources and Administration
32 people
Legal and Compliance
19 people
Board Team
18 people
Operations Team
18 people
Senior Team
17 people
Data Analysis and Operations Team
14 people
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Funding Insights of MTA
- Total Funding Total Funding
- Total Rounds 46
- Last Round Debt – Conventional — $643.1M
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First Round
First Round
(23 May 2008)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Debt – Conventional - MTA | Valuation |
investors |
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| Sep, 2011 | Amount | Grant - MTA | Valuation |
investors |
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| Sep, 2011 | Amount | Grant - MTA | Valuation |
investors |
| 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 MTA
MTA has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include U.S. Department of Transportation and FEMA. 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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Transportation website for planning and coordinating federal transportation projects
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Founded Year | Domain | Location | |
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Federal emergency management and disaster response are coordinated nationwide.
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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 MTA
| 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 - MTA
| 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 |
Mta Comparisons
Competitors of MTA
| 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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Frequently Asked Questions about MTA
When was MTA founded?
MTA was founded in 1965 and raised its 1st funding round 43 years after it was founded.
Where is MTA located?
MTA is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of MTA?
Veronique Hakim is the current CEO of MTA.
What does MTA do?
Public transportation services are operated by the Metropolitan Transportation Authority (MTA) across the New York metropolitan area. Coverage includes subway, bus, and rail systems through agencies like New York City Transit, Long Island Rail Road, and Metro-North Railroad. Solutions are extended to accessibility through paratransit programs and infrastructure improvements. Focus is placed on urban mobility, safety, and sustainability initiatives. Projects such as congestion pricing and station accessibility upgrades are prioritized to enhance service delivery in the transportation sector.
What products or services does MTA offer?
MTA offers Public Transit Services and Paratransit Services.
Who are MTA's investors?
MTA has 2 investors. Key investors include U.S. Department of Transportation, and FEMA.