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Masabi - About the company

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 27 active competitors, including 1 funded and 8 that have exited. Its top competitors include companies like Modeshift, Confidex and UrbanThings.

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.
Social
X
Key Metrics
Founded Year
2001
Location
Stage
Series B
Total Funding
$53.2M in 11 rounds
Latest Funding Round
Post Money Valuation
$***** as on Aug 31, 2018
Ranked
Employee Count
264 as on May 31, 2026
Investment & Acquisitions
Similar Companies
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Masabi's funding and investors

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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 03, 2022
4665336
Series B
6163404
3381686
8758202
3946874
Feb 06, 2020
8568707
Series B
2270738
2175355
1963122
2827152
Apr 30, 2019
1761531
Series B
7046103
8511864
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Masabi's founders and board of directors

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

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
Team
-
Current
24y 7m
onhbqjg
Team
-
Past
3y 7m
ptvqnqz
Team
-
Past
5y 5m
klnxlxw
Team
-
Past
8y 9m
ztmgnqu
Team
-
Current
8y 6m
Investor
M8 Capital
Current
7y 9m
ggpppau
Investor
hxoseoy
Past
2y 7m
zoomzts
Investor
ofofgfw
Past
5y 7m
qyaygla
Investor
s{parbd
Past
8y 2m
Independent board member
-
Current
6y 11m
gjqqmml
Independent board member
-
Current
3y 8m

Masabi's employee count trend

Masabi has 264 employees as of May 26. Here is Masabi's employee count trend over the years:
Employee count trend for Masabi
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Masabi's Competitors and alternates

Top competitors of Masabi include Modeshift, Confidex and UrbanThings. 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
Logo for Masabi
Masabi
2001, London (United Kingdom), Series B
Saas-enabled plafform offering mobile ticketing solutions for transport operators
$53.2M
64/100
2nd
Logo for Modeshift
Modeshift
2017, Boston (United States), Unfunded
Saas-enabled platform offering automated fare collection system for transit operators
-
-
48/100
3rd
Logo for Confidex
Confidex
2005, Tampere (Finland), Acquired
RFID-based contactless ticketing and asset tracking solutions
$3.76M
43/100
4th
Logo for UrbanThings
UrbanThings
2002, London (United Kingdom), Acquired
Developer of transport technology solutions including apps and management systems
$1.89M
42/100
5th
Logo for Empresa1
Empresa1
1997, Belo Horizonte (Brazil), Funding Raised
Saas-enabled solutions for automated ticketing and anti-fraud mangement
-
41/100
6th
Logo for Avtobýs
Avtobýs
2019, Almaty (Kazakhstan), Deadpooled
Electronic fare sytem for busses
-
-
38/100
7th
Logo for PayiQ
PayiQ
2013, Turku (Finland), Funding Raised
Provider of mobile ticketing platform for transport operators and city event organizers
-
37/100
8th
Logo for cVEND
cVEND
2013, Weilburg (Germany), Unfunded
NFC-enabled contactless payment and ticketing solution for public transport operators
-
-
37/100
9th
Logo for Tollman
Tollman
2010, Delhi (India), Unfunded
Provider of traffic and toll management solutions
-
-
37/100
10th
Logo for PayTollo
PayTollo
2015, San Francisco (United States), Acquired
Mobile app for toll payments
$1.31M
-
36/100
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Masabi's Latest cap tables and shareholding

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
6991761
4740200
2983524
6741634
1296390
1708549
6717841
2103428
6658382
8481662
4365202
3467303
8370659
1197733
1857461
2183539
803658
703591
596245
704337
403547
170493
Fund
32.90%
16.6M
5156921
3046238
7416990
3166879
3326319
9220884
3349359
8163943
7167256
8029209
Enterprise
14.20%
7.17M
1029818
5640815
2498470
6108144
Angel
2.10%
1.06M
80
67
52
77
Other People
0.01%
8.04K
0
0
0
0
Total
82.71%
4.17Cr
7597751
1721493
8913867
1429861
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Masabi's Shareholding

Masabi's Investments and acquisitions

Masabi has acquired Passenger Tech. Masabi has not made any investments as of now.

News related to Masabi

lockFilter this list
Media has covered Masabi for a total of 11 events in the last 1 year, 6 of them have been about company updates and 2 about partnerships.
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FAQs about Masabi

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