About TransLoc
TransLoc is a company based in Durham (United States) founded in 2004 was acquired by Ford in January 2018.. TransLoc has raised $8 million across 1 funding round from investors including Ford, SJF Ventures and Fontinalis Partners. The company has 82 employees as of December 31, 2022. TransLoc offers products and services including Fixed Route Services, Microtransit Services, and GTFS Management. TransLoc operates in a competitive market with competitors including Circuit, Cubic, Trafi, Actionfigure and Qianfang Technology, among others.
- Headquarter Durham, United States
- Employees 82 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Transloc Inc
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Products & Services of TransLoc
TransLoc offers a comprehensive portfolio of products and services, including Fixed Route Services, Microtransit Services, and GTFS Management. 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.
Software for monitoring and managing fixed route transit systems.
Platform for providing flexible on-demand transportation options.
Tools for handling transit data and schedules efficiently.
Funding Insights of TransLoc
TransLoc has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Series A round of $8 million completed in March 2016. 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 1
- Last Round Series A — $8.0M
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First Round
First Round
(31 Mar 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2016 | Amount | Series A - TransLoc | Valuation | SJF Ventures , Fontinalis Partners |
| 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 TransLoc
TransLoc has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Ford, SJF Ventures and Fontinalis Partners. 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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Impact venture capital is invested in early-stage US companies.
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Founded Year | Domain | Location | |
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Tech focused Stage-Agnostic VC Firm investing in the US
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Founded Year | Domain | Location | |
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Impact investments are made to support sustainable and equitable ventures.
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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 TransLoc
| 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 - TransLoc
| 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 |
Transloc Comparisons
Competitors of TransLoc
TransLoc 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 Circuit, Cubic, Trafi, Actionfigure and Qianfang Technology, 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 |
An app-based platform for electric vehicle shuttle services is operated.
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Integrated solutions are provided for transportation and defense sectors.
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| domain | founded_year | HQ Location |
Mobility app and MaaS solutions are provided for transit users.
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| domain | founded_year | HQ Location |
Actionfigure is engaged in providing intelligent transportation data solutions.
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| domain | founded_year | HQ Location |
Smart transportation and security solutions for smart cities are provided.
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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 Transloc
Frequently Asked Questions about TransLoc
When was TransLoc founded?
TransLoc was founded in 2004 and raised its 1st funding round 12 years after it was founded.
Where is TransLoc located?
TransLoc is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Is TransLoc a funded company?
TransLoc is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Series A of $8M, raised on Mar 31, 2016.
How many employees does TransLoc have?
As of Dec 31, 2022, the latest employee count at TransLoc is 82.
What does TransLoc do?
TransLoc was founded in 2004 and is based in Durham, United States. Demand-responsive microtransit operators are served through a range of software solutions in the transit technology sector. Applications are included for management dashboards and mobile tools used by passengers, rides, and drivers. Operations encompass on-demand dispatching, passenger oversight, route optimization, predictive analytics, big data simulations, and GTFS schedule standardization.
Who are the top competitors of TransLoc?
What products or services does TransLoc offer?
TransLoc offers Fixed Route Services, Microtransit Services, and GTFS Management.
Who are TransLoc's investors?
TransLoc has 5 investors. Key investors include Ford, SJF Ventures, Fontinalis Partners, SustainVC, and Thomas McMurray.
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