What is Masabi?
Headquartered in London, Masabi operates at the intersection of fintech and urban mobility. The company provides a sophisticated SaaS platform that empowers public transport operators to deploy mobile ticketing and account-based fare collection systems. By replacing legacy hardware with agile, cloud-native software, Masabi enables agencies to reduce operational costs while significantly improving the passenger experience. The platform supports a wide array of payment methods, including mobile apps and contactless bank card integration, positioning Masabi as a key enabler of the global shift toward smart city infrastructure and integrated mobility-as-a-service (MaaS) ecosystems.
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 m8 Capital, MMC Ventures, and Fontinalis Partners
Private Equity (2015): $12M featuring Lepe Partners
Unspecified (2019): $20M backed by MMC Ventures and Smedvig Capital
Series B (2020): $20M with participation from MMC Ventures and Smedvig Capital
Key Investors in Masabi
MMC Ventures
MMC funds and helps scale technology companies that are transforming today's markets, focusing on deep understanding of underlying technology and business models.
Smedvig Capital
The London arm of the Smedvig Family Office, specializing in growth-stage investments across the UK and Europe with a focus on long-term value creation.
m8 Capital
A venture capital firm focused on mobile-centric technology investments, providing strategic support to companies building the next generation of mobile services.
What's next for Masabi?
Looking ahead, Masabi is well-positioned to capitalize on the accelerating global demand for contactless transit solutions. The recent capital deployment is expected to fuel further international expansion and the enhancement of its core ticketing engine to support more complex, multi-modal transit networks. As urban centers continue to prioritize sustainable and efficient public transport, Masabi's focus on interoperability and data-driven fare management will likely remain a primary driver of its strategic growth. The company is poised to deepen its integration with existing transit hardware, ensuring that its software remains the industry standard for fare collection and passenger engagement in an increasingly digital-first world.
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