When was Masabi founded?

Masabi was founded in 2001 and raised its 1st funding round 8 years after it was founded.

Where is Masabi located?

Masabi is headquartered in London, United Kingdom.

Who is the current CEO of Masabi?

Brian Zanghi and Brian Kenneth Zanghi s of Masabi.

Which legal entities is Masabi associated with?

Masabi is associated with MASABI LIMITED and 1 other.

How many employees does Masabi have?

As of Sep 30, 2026, the latest employee count at Masabi is 258.

Is Masabi a funded company?

Masabi is a funded company, having raised a total of $53.2M across 11 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 01, 2009.

How much is Masabi worth?

The latest valuation of Masabi is $***** as of Aug 31, 2018. This marks a decline of 2% from its peak valuation of $51.1M in Sep, 2010. This marks a decline of 2% from its peak valuation of $51.1M in Sep, 2010.

When was the latest funding round of Masabi?

Masabi's latest funding was a $***** Series B round on Mar 03, 2022, with participation from 3 investors.

Where does Masabi rank among its competitors?

Masabi ranks 1st amongst 45 active competitors, only 1 of which is funded., of which only Masabi is funded and secured an undisclosed amount in Mar, 2022.

Who are the top competitors of Masabi?

Masabi's top competitors include Modeshift, Empresa1 and Avtobýs. Among them, Masabi secured the most recent funding round in March, 2022.

Masabi - 2026 Company Profile, Team, Funding, Competitors & Financials

Masabi is a series B company based in London (United Kingdom), founded in 2001 by Edward Jonathan Rodney Howson, Benjamin John Dixon Whitaker and Thomas Mark Godber. It operates as a Saas-enabled plafform offering mobile ticketing solutions for transport operators. Masabi has raised $53.2M in funding from investors like MMC Ventures, Mastercard and M8 Capital, with a current valuation of $*****. The company has 45 active competitors, including 1 funded and 9 that have exited. Its top competitors include companies like Modeshift, Empresa1 and Avtobýs.

Company Details

Saas-enabled platform offering mobile ticketing solutions for transport operators. It offers products like Just ride that offers account-based ticketing, contactless EMV, and cash digitization. It offers features like cost-effective, open integrations, real-time sales, and journey data, etc.

Website: www.masabi.com/
Social

Key Metrics

Founded Year

2001

Location

London, United Kingdom

Stage

Series B

Total Funding

$53.2M in 11 rounds

Latest Funding Round

Series B, Mar 03, 2022, $*****

Post Money Valuation

$***** as on Aug 31, 2018

Investors

MMC Ventures & 16 more

Ranked

1^st among 45 active competitors

Employee Count

258 as on Sep 30, 2026

Investment & Acquisitions

Passenger Tech

Similar Companies

Modeshift & 51 more

View Masabi's full profile

Masabi is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
MASABI LIMITED CIN: 4431819 , Germany, Active	May 02, 2002	-	104 (As on Jan 31, 2020)
BLUE TECHNOLOGIES LIMITED CIN: 14650210 , Germany, Active	Jul 26, 2001	£1M - £10M (As on Dec 31, 2017)	-

Masabi has raised a total funding of $53.2M over 11 rounds. Its first funding round was on Oct 01, 2009. Its latest funding round was a Series B round on Mar 03, 2022 for $*****. 3 investors participated in its latest round. Masabi has 11 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Masabi:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 03, 2022	6610958	Series B	5555072	1288948	1125344	4431604
Feb 06, 2020	5633036	Series B	2618417	9706235	1189615	6629059
Apr 30, 2019	2227876	Series B	5002945	5397527	Smedvig Capital & 1 more	Steve Barnett

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View details of Masabi's funding rounds and investors

The founders of Masabi are Edward Jonathan Rodney Howson, Benjamin John Dixon Whitaker and Thomas Mark Godber. Brian Zanghi and Brian Kenneth Zanghi are the CEOs of Masabi.

Here are the details of Masabi's key team members:

Edward Jonathan Rodney Howson: Co-Founder of Masabi. They are also an angel investor in 2 startups and serve on the board of 1 company.
Benjamin John Dixon Whitaker: Co-Founder & Director of Masabi and founder of 1 other company. They are also an angel investor in 1 startup and serve on the board of 1 company.
Thomas Mark Godber: Former Co-Founder of Masabi and founder of 1 other company. They serve on the board of 1 company.
Brian Zanghi: Co-CEO of Masabi.
Brian Kenneth Zanghi: Co-CEO of Masabi. They serve on the board of 1 company.
Contact Info: 1 email address

Masabi's Board of Directors

Masabi's board has 5 active members. Benjamin John Dixon Whitaker, Edward Talbot and Brian Kenneth Zanghi are part of team and Matthew Jones and Sapan Shah are independent board members.

Here is the list of Masabi's board of directors:

Name	Type	Representing	Status	Duration
Benjamin John Dixon Whitaker	Team	-	Current	25y 3m
zyqsihb	Team	-	Past	8y 6m
fyctfht	Team	-	Past	3y 7m
bbahltx	Team	-	Past	7y 3m
wffqbkm	Team	-	Current	4y 6m
Edward Talbot	Investor	M8 Capital	Current	8y 5m
ekgbgnh	Investor	ntnukau	Past	8y 6m
vqvvyun	Investor	hgfbynj	Past	6y 9m
{leuzbc	Investor	tflmgqq	Past	3y 7m
Matthew Jones	Independent board member	-	Current	7y 7m
byapdza	Independent board member	-	Current	4y 1m

View details of Masabi's Founder profiles and Board Members

Masabi's employee count trend

Masabi has 258 employees as of Sep 26. Here is Masabi's employee count trend over the years:

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Top competitors of Masabi include Modeshift, Empresa1 and Avtobýs. Here is the list of Top 10 competitors of Masabi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Masabi 2001, London (United Kingdom), Series B	Saas-enabled plafform offering mobile ticketing solutions for transport operators	$53.2M	Western Technology Investment, Shell & 15 others	66/100
2nd	Modeshift 2017, Boston (United States), Unfunded	Saas-enabled platform offering automated fare collection system for transit operators	-	-	51/100
3rd	Empresa1 1997, Belo Horizonte (Brazil), Funding Raised	Saas-enabled solutions for automated ticketing and anti-fraud mangement	-	Volaris Group	44/100
4th	Avtobýs 2019, Almaty (Kazakhstan), Deadpooled	Electronic fare sytem for busses	-	-	38/100
5th	PayiQ 2013, Turku (Finland), Funding Raised	Provider of mobile ticketing platform for transport operators and city event organizers	-	Excedea	38/100
6th	cVEND 2013, Weilburg (Germany), Unfunded	NFC-enabled contactless payment and ticketing solution for public transport operators	-	-	38/100
7th	Confidex 2005, Tampere (Finland), Acquired	RFID-based contactless ticketing and asset tracking solutions	$3.76M	Danske Bank, Finnvera & 3 others	37/100
8th	Flamingo Fares United States, Unfunded	Operator of payment systems for regional public transit fare collection	-	-	37/100
9th	Tollman 2010, Delhi (India), Unfunded	Provider of traffic and toll management solutions	-	-	37/100
10th	tolltickets 2007, Rosenheim (Germany), Acquired	Tech-enabled automated toll payment management solutions	-	-	36/100

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Founders (largest shareholder) own 33.50%, Funds own 32.90%, Enterprises own 14.20% and Angels own 2.10%. The net worth of Masabi's founders is INR 16.9M as of Aug 31, 2018.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	33.50%	16.9M	7559120	4933713	3506653	4710695
Benjamin John Dixon Whitaker	3334111	5803692	7977228	8928674	8220104	9646345
Thomas Mark Godber	8297197	1709209	3683289	8676749	9696714	7890995
Edward Jonathan Rodney Howson	182962	808709	380036	432916	274493	453008
Fund	32.90%	16.6M	5699775	9112782	7571260	5124943
Alvarium	3359916	4667007	7679749	9634423	1167861	1816456
Enterprise	14.20%	7.17M	5563234	4759272	6764493	1711879
Angel	2.10%	1.06M	70	32	55	80
Other People	0.01%	8.04K	0	0	0	0
Total	82.71%	4.17Cr	1977858	6022036	4593151	5753466