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Optibus raises $107M to make mass transit smarter
The Israeli startup uses AI to optimize mass transit control and has raised close to $160M to date. Oshry Alkeslasi / 11 Mar 2021 • 2 min read
Optibus, an Israeli startup developing a cloud-based platform for planning and managing public transport, closed a $107 million Series C. The investment was led by Insight Partners and Bessemer Venture Partners. The round also saw participation from Dynamic Loop, New Era Capital Partners, Pitango, Verizon Ventures, and Blue Red Partners. The round comes on the heels of a brand new partnership with the UK s biggest bus and stagecoach operator.