What is Masabi?
Headquartered in London, Masabi operates as a specialized technology firm providing a comprehensive SaaS-based fare payments and ticketing platform. By enabling commuters to purchase and present tickets via mobile devices or contactless bank card taps, the company effectively bridges the gap between legacy transit systems and modern consumer expectations. Masabi's platform is engineered to enhance operational efficiency for transit agencies while simultaneously improving the passenger experience, positioning the firm as a critical infrastructure partner in the global mobility ecosystem.
How much funding has Masabi raised?
Masabi has raised a total of $60.8M across 6 funding rounds:
Series A
$2M
Other Financing Round
$4M
Other Financing Round
$2.8M
Private Equity
$12M
Unspecified
$20M
Series B
$20M
Series A (2010): $2M with participation from m8 Capital
Other Financing Round (2011): $4M led by m8 Capital
Other Financing Round (2013): $2.8M supported by Fontinalis Partners, MMC Ventures, and m8 Capital
Private Equity (2015): $12M featuring Lepe Partners
Unspecified (2019): $20M backed by Smedvig Capital and MMC Ventures
Series B (2020): $20M with participation from Smedvig Capital and MMC Ventures
Key Investors in Masabi
MMC Ventures
MMC Ventures is a London-based firm that funds and scales technology companies transforming today's markets, with a history of backing transformative tech from the Seed and Series A stage since 2000.
Smedvig Capital
Smedvig Capital is the London arm of the Smedvig Family Office, specializing in growth-stage investments across the UK and Europe with a focus on value creation and long-term partnership.
m8 Capital
m8 Capital is a venture capital firm focused on mobile-centric technology investments, providing strategic backing to companies that leverage mobile platforms to disrupt traditional industries.
What's next for Masabi?
Following its recent major enterprise-level funding, Masabi is well-positioned to accelerate its international expansion and deepen its technological moat. The company's strategic roadmap likely involves scaling its 'Fare-as-a-Service' model to capture emerging markets where digital transformation in public transit is becoming a regulatory and operational priority. By leveraging its established relationships with institutional backers, Masabi is poised to further integrate its platform with smart city initiatives, potentially expanding its footprint into multi-modal transport ecosystems that require seamless, unified payment architectures. The focus remains on maintaining high-velocity deployment cycles to ensure transit agencies can rapidly adapt to evolving commuter behaviors.
See full Masabi company page
