About Transit Technologies
Transit Technologies is a company based in Knoxville (United States) founded in 2019.. The company has 283 employees as of December 31, 2024. Transit Technologies has completed 3 acquisitions, including Bushive, ByteCurve and Tripshot. Transit Technologies offers products and services including Fixed Route CAD / AVL, Paratransit / ADA, NEMT, Microtransit, and Telematics. Transit Technologies operates in a competitive market with competitors including The Boring Company, r2p, GreenCell Mobility, Trapeze Group and IVU Traffic Technologies, among others.
- Headquarter Knoxville, United States
- Employees 283 as on 31 Dec, 2024
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
283
as on Dec 31, 2024
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Investments & Acquisitions
Bushive
& 2 more
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Products & Services of Transit Technologies
Transit Technologies offers a comprehensive portfolio of products and services, including Fixed Route CAD / AVL, Paratransit / ADA, NEMT, Microtransit, and Telematics. 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.
System for real-time vehicle tracking and passenger information
Automated scheduling for accessible transportation services
Tools for medical trip planning and billing management
Real-time trip planning for on-demand services
GPS and AI for vehicle safety monitoring
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Funding Insights of Transit Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Transit Technologies
Transit Technologies has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bushive, ByteCurve and Tripshot. 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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Data and analytics solutions for connected vehicles are provided.
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2015 | ||||
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Saas-enabled platform offering operations management solutions for transit operators
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2014 | ||||
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Transportation management software for bus operators is provided.
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| 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 - Transit Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Transit Technologies Comparisons
Competitors of Transit Technologies
Transit Technologies 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 The Boring Company, r2p, GreenCell Mobility, Trapeze Group and IVU Traffic Technologies, 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 |
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| domain | founded_year | HQ Location |
Underground transit networks are constructed to ease traffic congestion.
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Integrated solutions for public transport management are offered by r2p.
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| domain | founded_year | HQ Location |
Provider of e-mobility solutions for commercial transport
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| domain | founded_year | HQ Location |
Tech-enabled software solutions are provided for transit operations management.
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| domain | founded_year | HQ Location |
Operations management solutions are provided for transit operators.
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| domain | founded_year | HQ Location |
Integrated solutions are provided for rail and road transport operators.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Transit Technologies
Frequently Asked Questions about Transit Technologies
When was Transit Technologies founded?
Transit Technologies was founded in 2019.
Where is Transit Technologies located?
Transit Technologies is headquartered in Knoxville, United States. It is registered at Knoxville, Tennessee, United States.
Who is the current CEO of Transit Technologies?
Gerry Leonard is the current CEO of Transit Technologies.
How many employees does Transit Technologies have?
As of Dec 31, 2024, the latest employee count at Transit Technologies is 283.
What does Transit Technologies do?
Transit Technologies was founded in 2019 in Knoxville, United States. Intelligent transport management solutions are delivered to public transport operators through an end-to-end platform. Software tools are utilized for planning, optimizing, and operating transit systems with a focus on efficiency and equity. Operations center on the transit sector, supporting public infrastructure needs across various regions.
Who are the top competitors of Transit Technologies?
Transit Technologies's top competitors include The Boring Company, GreenCell Mobility and IVU Traffic Technologies.
What products or services does Transit Technologies offer?
Transit Technologies offers Fixed Route CAD / AVL, Paratransit / ADA, NEMT, Microtransit, and Telematics.
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