WhereIsMyTransport, a South African mobility technology startup, has secured $14,5 million in a Series A investment to allow it to further expand across the world. The investment funding round was led by Naspers Foundry, Cathay AfricInvest Innovation Fund, and SBI Investment.
WhereIsMyTransport provides commuters in what they call "high-growth markets" with real-time travel information to get where they need to go. The startup uses data and technology to map formal and informal public transport networks.
"WhereIsMyTransport started in South Africa, focused on becoming a central source of accurate and reliable public transport data for high-growth markets. We're thrilled to welcome Naspers as an investor as our journey continues in megacities across the Majority World," said Devin de Vries, CEO and Co-founder at WhereIsMyTransport.
The mobility technology startup founded in Cape Town also licenses its mobility datasets to governments, development finance institutions, NGOs, operators, and third-party solution developers for the purpose of research, analytics, insights, and consumer and enterprise solutions. The aim is to develop solutions that provide commuters in Africa, South Asia, Southeast Asia, and Latin America with real-time public transport network alerts, to improve their mobility and reduce the time they spend commuting.
In South Africa, WhereIsMyTransport’s clients included among others, Johannesburg commuter rail system Gautrain and Transport for Cape Town, and as part of its international client base Google, the World Bank, and WSP along with others.
“More than ever, citizens and businesses in emerging markets need a central source of mobility data they can trust," said de Vries.
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