Trafi

Vilnius, Lithuania Founded: 2013 • Age: 13 yrs Acquired By Enghouse
Mobility app and MaaS solutions are provided for transit users.
Annual revenue - Latest available
Total funding $14.0M 4 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Trafi

Trafi is a company based in Vilnius (Lithuania) founded in 2013 was acquired by Enghouse in April 2025. Trafi has raised $14 million across 4 funding rounds from investors including Sumitomo Corporation, EBRD and Enghouse. Trafi offers products and services including App & Back Office, Mobility Intelligence Platform, and Mobility Budgets. Trafi operates in a competitive market with competitors including HopOn, Moovit, Circuit, RideCo and Passport, among others.

  • Headquarter Vilnius, Lithuania
  • Sectors
    Transportation, Automotive & Logistics
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Trafi Application Private Limited
  • Date of Incorporation 19 Jan, 2016
  • Jurisdiction Delhi, Delhi, India
Operational Areas
Transportation, Automotive & Logistics → General Mobility & Transit Solutions Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$1.47 K (USD)
    0
    as on Mar 31, 2017
  • EBITDA
    -$299.56 (USD)
    0
    as on Mar 31, 2017
  • Total Equity Funding
    $14 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
  • Acquired by
    Enghouse

    (Apr 14, 2025)

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Products & Services of Trafi

Trafi offers a comprehensive portfolio of products and services, including App & Back Office, Mobility Intelligence Platform, and Mobility Budgets.

Product name locked
Category locked
Primary

Platform for integrating and managing urban transport networks.

Product name locked
Category locked
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Tools for analyzing and optimizing city mobility data.

Product name locked
Category locked
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System for budgeting and tracking mobility services in cities.

People of Trafi

Headcount 50-200
Employee Profiles 39
Employee Profiles
People
Domas Ričkus
Chief Operating Officer
People
Daniel Dluznevskij
Lead Software Engineer
People
Julius Vitkauskas
Principal Software Engineer
People
Linas Bitkevičius
Lead Developer

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Funding Insights of Trafi

Trafi has successfully raised a total of $14M across 4 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 Trafi

Trafi has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include Sumitomo Corporation, EBRD and Enghouse.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Corporate advisory services are provided across multiple sectors.
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Venture capital investment and support for founders in technology and health sectors.
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Early-stage tech investments are made in Europe and Asia.
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Investor details for Trafi

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
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Investments & Acquisitions by Trafi

Investments
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Investment portfolio details for Trafi

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  • Transaction dates
  • Round details
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Financial Statements - Trafi

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Detailed financials for Trafi

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Trafi Comparisons

Trafi Primary company
Description
Mobility app and MaaS solutions are provided for transit use...
Location
Vilnius, Lithuania
Founded Year
2013
Annual Revenue
Not available
Net Profit
-$1.47 K (USD)
EBITDA
-$299.56 (USD)
Employees
Not available
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Peer comparison for Trafi

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
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Competitors of Trafi

Trafi 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, Moovit, Circuit, RideCo and Passport, 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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AI-enabled mobility-as-service platform is developed for transit operators.
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An app-based platform for electric vehicle shuttle services is operated.
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Micro-transit management services are offered for on-demand shared transit operations.
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Passport is recognized for providing parking management software solutions.
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Detailed competitors of Trafi

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Latest news on Trafi

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Complete news archive for Trafi

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Trafi

Trafi was founded in 2013.

Trafi is headquartered in Vilnius, Lithuania.

Damian Bown is the current CEO of Trafi.

Trafi is a funded company, having raised a total of $14M across 4 funding rounds to date.

Founded in 2013 in Vilnius, Lithuania, Trafi operates in the mobility sector by offering MaaS solutions to transit agencies alongside a consumer-facing mobile app. Multi-modal trip planning and ticket booking are enabled through the app, integrating options such as public transit, taxis, and rentals. A back-end platform is also supplied for operators, handling operations management, route planning, passenger oversight, and payments processing.

Trafi's top competitors include Moovit, Circuit and RideCo.

Trafi offers App & Back Office, Mobility Intelligence Platform, and Mobility Budgets.

Trafi has 9 investors. Key investors include Sumitomo Corporation, EBRD, Enghouse, Aioi Nissay Dowa Europe, and Octopus Investments.

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