{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICAgN75roIIDA","lastupdate":"2024-11-24T00:00:00.000Z","update_date":"2024-11-24T00:00:00.000Z","lastModified":"Jun 27, 2025","active":1,"confidence_score":101,"confidence_score_reason":"markets","urlname":"optibus","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$3PYuTY9LXqNePI7mAwDUnlrAZ5r4VeH6ydjazAFF3VeVTLYJ8ID9It","name":"Optibus","oneliner":"Scheduling Management and Optimization for Public Transportation Operators","registrar":"514620186 ","website":"https://optibus.com","careerspage":"https://www.optibus.com/company/careers","founded_month":7,"founded_year":2011,"formernames":[],"sociallinks":{"twitter":"https://twitter.com/OptibusHQ","youtube":"https://www.youtube.com/channel/UCTLHB0yvKEHMtbbYTx9ngBg","facebook":"https://www.facebook.com/Optibusltd","linkedin":"https://www.linkedin.com/company/3023213","instagram":""},"social":["https://vimeo.com/user51027560","https://www.facebook.com/Optibusltd","https://twitter.com/OptibusHQ","https://www.youtube.com/channel/UCTLHB0yvKEHMtbbYTx9ngBg","https://www.linkedin.com/company/3023213"],"flattenedsociallinks":"https://vimeo.com/user51027560|https://www.facebook.com/Optibusltd|https://twitter.com/OptibusHQ|https://www.youtube.com/channel/UCTLHB0yvKEHMtbbYTx9ngBg|https://www.linkedin.com/company/3023213","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"201-500","employees_exact":351,"patent":0,"raised":260000000,"stage":"D","public_stage":"D","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4Iee18sKDA","primary_sector":"Automotive & Mobility Technologies","alternativenames":["opti bus"],"about":"Optibus specializes in optimizing public transportation systems through its cloud-native, AI-driven platform, which offers comprehensive solutions for planning, scheduling, rostering, operations, and passenger information. Leveraging advanced artificial intelligence and optimization algorithms, the platform enhances efficiency and sustainability for transit systems. Used in over 6,000 cities across more than 35 countries, Optibus facilitates approximately 7 billion trips annually and provides tools for transitioning to zero-emission bus fleets, real-time operational management, and rapid scenario creation.","climatetech_description":"Transportation accounts for approximately 24% of our global CO2 emissions. Optibus’ end-to-end software platform contributes to the increased sustainability and efficiency of transportation services globally. \nThe American Public Transportation Association (APTA) estimates that just one solo rider switching their commute from a private vehicle to public transportation can reduce CO2 emissions by 20 pounds per day — over 4,800 pounds in a year. Optibus can directly increase the number of riders taking public transportation by using their software to make public transportation more time-efficient, reliable, and convenient for passengers.\nOptibus’ electric vehicle (EV) scheduling software can optimize the efficiency of EV operations. For instance, by using the Optibus platform, RBU Santiago’s  245 electric buses will avoid 2,096.7 tons of CO2 emissions per month.  \nOptibus’ solution as a whole reduce 11 million tons of CO2 annually.","is_climatetech_relevant":1,"phone":"+972733729586","country":null,"address":{"israeli":[{"id":"6393618d-ea37-466b-8f46-ea5ccfd29938","city":"Tel Aviv-Jaffa","type":null,"address":"Derech Menachem Begin 125, Tel Aviv-Jaffa, Israel","placeid":"ChIJocNiZJlLHRURKs6Er7HnHb0","notactive":0,"openeddate":null,"registrarid":null,"firstrdcenter":0,"registrarname":null}],"officesabroad":[{"id":"05ae3b5b-a729-4700-a1d1-47aa50168016","city":"Berlin","address":"Skalitzer Str. 104, Berlin, Germany","country":"Germany","placeid":null},{"id":"1O8ov0wRb1wmsmuNVgm6igVFwXEqTlul5cvaZVPrtp8sRraieueKWZ","city":"Norrmalm","address":"Centralplan 3, 111 20 Stockholm, Sweden","country":"Sweden","placeid":null},{"id":"416d6b1a-7fcc-4a29-8d1d-338d9d93a06a","city":"Paris","address":"27 Avenue de l'Opra, Paris, France","country":"France","placeid":null},{"id":"9c5df301-1b6e-4896-94b2-a66fe285af7c","city":"New York","address":"135 Madison Avenue, New York, NY, USA","country":"United States","placeid":null},{"id":"Otn30dqmbp5oCR5WRk2dsMPiQmzIr4PspsM7kYB4shhpH9HOTPYAlL","city":"Portland","address":"610 SW Broadway suite 310, Portland, OR 97205, USA","country":"United States","placeid":null},{"id":"bae2b8e0-e95c-4f90-bbe9-5e44a79775c0","city":null,"address":"17 Heneage Street, London, UK","country":"United Kingdom","placeid":null},{"id":"cztfB5sGNeYTB8pMdVbFYNFXfTgqRUQQrj67dg8dzAdMRZp3cPXXwF","city":"Roma","address":"Via Vittorio Veneto, 54b, 00187 Roma RM, Italy","country":"Italy","placeid":null},{"id":"f7124d1e-8cb1-47cc-887b-17ca2750b1f1","city":"San Francisco","address":"535 Mission Street, San Francisco, CA, USA","country":"United States","placeid":null}]},"headquarter_address":null,"district":null,"news":[{"id":"ym9GVrmpjvFSwHQIJdHfrKwrcCVxBQzdDzqBQny2j0sB5dfRqOHoqv","date":"Jun 5, 2025","link":"https://officesnapshots.com/2025/06/05/optibus-offices-tel-aviv/","source":"officesnapshots.com","visible":1,"analysis":{"tags":"office design","round":null,"company":"Optibus","layoffs":null,"summary":"Optibus, a technology company focused on optimizing public transportation, has unveiled its new office space in Tel Aviv, designed by Gindi Studio. The office spans 4,000 square meters across two floors and is inspired by urban dynamics and nature. The design concept, called The City, features corridors resembling lively streets and work areas that mimic quieter residential neighborhoods. The space includes collaborative bus stops and a cafeteria with sea views, creating an environment that fosters collaboration and relaxation. The use of natural materials throughout the office blurs the line between indoors and outdoors, reflecting Optibuss commitment to innovation and impact in public transportation.","partners":"Gindi Studio","customers":null,"eventType":null,"investors":null,"confidence":9,"key_topics":["office design","urban dynamics","collaboration","natural elements","public transportation"],"date_of_event":null,"product_stage":"released","investment_date":null,"acquired_company":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":[],"acquisition_amount":null,"FDA approved/pending approval":null,"AI technology developing/using":null,"entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"Xpn9ITBdmlfYbL2h40xD9kF26zDLtG7RSSVO92Wpgk5V10QvF0n82K","news_summary":"Optibus Offices - Tel Aviv | Office Snapshots","analysisStructuredIssuesDisplay":"none","analysisImpactOnCompanyDisplay":"block"},{"id":"bvgUadCz24fFKJcpe9lp1P1Q20uQUT9NWNQrTiHVB3ouUZi7pdFnYO","date":"Sep 2, 2024","link":"https://www.sustainable-bus.com/its/optibus-datik-take-over-irizar-real-time-data/","source":"www.sustainable-bus.com","visible":1,"analysis":{"tags":"acquisition","company":"Optibus","layoffs":null,"summary":"Optibus, an Israeli tech company, has acquired Datik, a transportation technology firm based in Spain, to expand into real-time data services. This acquisition aims to enhance Optibus capabilities in providing an all-in-one digital operating system for public transportation. Datik, previously owned by the Irizar group, will collaborate with Optibus R&D and product teams to develop advanced SaaS products. Optibus has also signed a supply partnership with Volvo Buses and has seen its transit software adopted by 5,000 cities globally. The acquisition is expected to improve service planning and driver experiences by integrating Datiks real-time intelligence into Optibus platform.","partners":["Volvo Buses"],"customers":null,"investors":null,"confidence":9,"key_topics":["real-time data","transportation","technology","acquisition","partnership"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Acquisition","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Acquisition  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"66rgQpyWympOTZOWOWf1vIObz32lJxVSUe3YuNNunVSDoMdof7nFmH","news_summary":"Optibus takes over Datik from Irizar group on an expansion into real-time data solutions","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"TYqfi024L9HR9Vlhgn50WCcEdyb6Fy6DBMyiaVrwcnMdlPV8cxaIFv","date":"Apr 1, 2024","link":"https://blog.optibus.com/copec-wind-ventures-makes-strategic-investment-in-optibus-to-advance-bus-electrification-in-latin-america","source":"blog.optibus.com","visible":1,"analysis":{"tags":"Investment, Partnership, Electromobility","company":"Copec WIND Ventures, Optibus","layoffs":"Not mentioned","summary":"Copec WIND Ventures, the venture capital arm of Latin American energy solutions leader Copec, has announced a strategic partnership and investment in Optibus, a leading software platform for planning and operating efficient, sustainable public transportation systems. The partnership will explore synergies around bus depot electrification, eBus-as-a-service, and smart charging for passenger transportation providers in Latin America. This investment boosts Optibus status as a dominant player in electric vehicle solutions and increases its valuation since its Series D round in 2022.","partners":"Copec WIND Ventures","customers":"RBU Urbano, Grupo Niff, Manaus and Porto Alegre in Brazil, Santiago, Chile","investors":"Copec WIND Ventures","confidence":9,"key_topics":["Investment","Partnership","Electromobility","Public Transportation","Electric Buses"],"date_of_event":"Not mentioned","valuation_amount":"Not mentioned","impact_on_company":"growth-positive","investment_amount":"Not mentioned","structured_issues":["Investment","Partners"],"acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"I9yDhWUyDc3XzRRKtFaP4AJaGOcOeNt1AWiLNDa4USM8yMkHNTHyr8","news_summary":"Copec WIND Ventures makes strategic investment in Optibus to advance bus electrification in Latin America","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"69231876-2d72-43e1-a79a-49568da643f1","date":"Jul 6, 2022","link":"https://nocamels.com/2022/07/volvo-invests-optibus/","source":"nocamels.com","visible":1,"analysis":{"tags":"investment, partnership","company":"Volvo Group","layoffs":null,"summary":"Volvo Group Venture Capital has made an investment in Optibus, an Israeli unicorn that develops software for public transportation. The size of the investment was not disclosed. Optibus recently completed a $100 million Series D funding round to advance its public transportation software platform. The partnership aims to accelerate the digitalization and electrification of buses. Optibus provides optimization software for public transportation planning and management, used in over 1,000 cities across the globe. Volvo Groups investment highlights its commitment to electrification and logistics technology, as well as more efficient and sustainable public transportation systems. Both companies believe that advanced software solutions are crucial for the development of the market.","partners":"Optibus","customers":null,"investors":null,"confidence":8,"key_topics":["Volvo Group Venture Capital","Optibus","investment","public transportation","digitalization"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Investment","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"2UUNKb6ha2oOF4Vcs5yYynJYC2tQJaYhxX6DDXh4RNgZi21gPnopB0","news_summary":"Volvo Invests In Public Transport Unicorn Optibus","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"dbc8b712-39a7-45a8-a371-24985449a132","date":"May 16, 2022","link":"https://en.globes.co.il/en/article-transport-planning-co-optibus-raises-100m-at-13b-valuation-1001412135","source":"en.globes.co.il","visible":1,"analysis":{"tags":"funding","company":"Optibus","layoffs":null,"summary":"Israeli startup Optibus has closed a $100 million Series D funding round, bringing its valuation to $1.3 billion. The funding was provided by existing investors such as Insight Partners and new investors including Tencent and State of Mind Ventures. Optibus, which develops software for planning and operating public transport, currently works with 150 customers and has raised a total of $260 million since its founding in 2014. The funding will be used to further expand the company. Optibus faced challenges in raising funds due to the decline in revenue multiples for technology companies in the public market. However, investors were optimistic about Optibuss potential to dominate the global public transport market.","partners":null,"customers":null,"investors":"Insight Partners, Bessemer Venture Partners, Verizon Ventures, Pitango, Tencent, State of Mind Ventures","confidence":9,"key_topics":["Optibus","funding","valuation","investors","public transport"],"date_of_event":"May 16, 2022","valuation_amount":"$1.3 billion","impact_on_company":"growth-positive","investment_amount":"$100 million","structured_issues":["Investment"],"acquisition_amount":null,"structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"usfg1pdo3Nw5Ds9OiEMkNPCkEAwBK7wkaI8Fz4CMLzwhBPVdDf5ZkA","news_summary":"Transport planning co Optibus raises $100m at $1.3b valuation","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"03a45918-fb59-41c6-967b-196bd7fae9c1","date":"May 4, 2022","link":"https://www.calcalistech.com/ctechnews/article/hyc2hzj85","source":"www.calcalistech.com","visible":1,"analysis":{"tags":["public transportation","software","startups"],"company":"Optibus","layoffs":null,"summary":"Optibus, an Israeli startup, has developed software that solves the problem of managing and planning mass transportation. The platform is already operational in over 1,000 cities and generates tens of millions of dollars in annual revenue. Optibus primarily targets the local market, including public transportation company Egged, but also has clients such as Apple, Amazon, Microsoft, and Facebook for their employee shuttle services. The company has raised $170 million in funding and is determined to expand globally. Optibus plans to enter more countries and expand its product offerings, including acquiring other companies in the electric bus charging, vehicle maintenance, and parking sectors. The founders envision Optibus becoming a public company in the future.","partners":null,"customers":["Apple","Amazon","Microsoft","Facebook"],"investors":null,"confidence":8,"key_topics":["public transportation","software","growth","expansion","acquisitions"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners","Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners  #Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"pOnwetOkOZJsZdNcspOLqsiCH4aeobpMmGI92JRY9CKjKagFPljrxQ","news_summary":"Optibus is bringing public transportation into the 21st century  CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"230fcb37-ea63-4987-af1b-e4891c2c316e","date":"Apr 21, 2022","link":"https://nocamels.com/2022/04/optibus-bus-transportation-global/","source":"nocamels.com","visible":1,"analysis":{"tags":["public transportation","expansion","partnership","acquisition"],"company":"Optibus","layoffs":null,"summary":"Optibus, an Israeli public transportation software provider, has partnered with Ugandan IT company SCINTL to establish the first public bus network in Kampala, Uganda. The project aims to improve public transportation infrastructure in the region and create over 12,000 local jobs by 2025. Optibus will plan the bus network from scratch, starting with 1,030 buses and eventually growing to 3,000 buses, all of which will be electric by 2032. Additionally, Optibus has acquired Trillium, a Portland-based firm that provides real-time transportation data services. The acquisition allows Optibus to expand its passenger information management systems and become a comprehensive solution for mass transit operations. Optibus continues to expand globally and develop new capabilities.","partners":["SCINTL","Tondeka Metro Company","Kiira Motors Corporation","Rentco Africa","Trillium"],"customers":null,"investors":null,"confidence":8,"key_topics":["public transportation","expansion","partnership","acquisition","software"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Partners","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Partners  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"9aXDJ0wARXqXL9wS5puLNPcdNg5SmHOGQE5b9fy76XIbNHRX9QV1lM","news_summary":"Israeli Transit Tech To Help Operate Uganda's First Public Bus Network","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"6aa1140a-6f15-4cdc-acfb-6a6b7f7febe9","date":"Apr 12, 2022","link":"https://www.calcalistech.com/ctechnews/article/bkbj00xqec","source":"www.calcalistech.com","visible":1,"analysis":{"tags":"acquisition","company":"Optibus","layoffs":null,"summary":"Israeli startup Optibus is acquiring U.S.-based Trillium for several million dollars. Trillium is a SaaS provider helping transit operators and agencies keep riders informed. It will operate as an Optibus subsidiary, integrating their expertise in public transportation data feeds and a team of 25 data experts into Optibus. Trillium has helped over 350 U.S. transit agencies and operators. Optibus, founded in 2014, operates in over 1,000 cities and has raised $160 million to date.","partners":null,"customers":null,"investors":null,"confidence":8,"key_topics":["Optibus","Trillium","acquisition","passenger communication","public transportation"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Acquisition"],"acquisition_amount":"several million dollars","structuredIssuesShow":"#Acquisition","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"T4wpQX0JajXbDQTsMmINQh5xpFwionA3LWQcwBBJV0I8z6Ewx6qBZJ","news_summary":"Optibus acquiring transportation passenger platform Trillium  CTech","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"6d9d06f1-5dba-4ce1-a0e0-286b1f6d478f","date":"Jan 11, 2022","link":"https://www.traffictechnologytoday.com/news/public-transit/ai-public-transport-operations-platform-optibus-expands-with-new-paris-office.html?utm_content=193950823&utm_medium=social&utm_source=linkedin&hss_channel=lcp-3023213","source":"www.traffictechnologytoday.com","visible":1,"analysis":{"tags":"expansion, public transport optimization","company":"Optibus","layoffs":null,"summary":"Optibus is expanding its European presence with the opening of its first office in Paris, France. The company leverages AI and cloud computing to optimize bus operations, improving service efficiency and reducing emissions and costs. The opening of the Paris office aligns with the French governments push for sustainable mobility and the transport industrys need for agile planning tools. The office will focus on customer success and solutions engineering. Optibus serves clients in over 500 cities worldwide, including global operators like Transdev, Keolis, and RATP Dev. The company aims to revolutionize Frances bus operations with its cutting-edge technology.","partners":null,"customers":"Transdev, Keolis, RATP Dev, Avenir Atlantique, Vectalia France","investors":null,"confidence":8,"key_topics":["Optibus","AI-powered software","expansion","Paris office","public transport optimization"],"date_of_event":null,"valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":null,"structured_issues":["Customers","Partners"],"acquisition_amount":null,"structuredIssuesShow":"#Customers  #Partners","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"N9L01J3iDEZMxqz3aFmO34kg4hN3J0X6HiaSGe9NqbCD3KBezbCNH1","news_summary":"AI public transport operations platform Optibus expands with new Paris office  Traffic Technology Today","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"9f8bcd44-ac01-4aa0-9d1e-ebd163f8e7e1","date":"Oct 25, 2021","link":"https://en.globes.co.il/en/article-optibus-optimizes-bus-operations-worldwide-with-algorithms-1001388582","source":"en.globes.co.il","visible":1,"analysis":{"tags":["public transportation","technology"],"company":"Optibus","layoffs":null,"summary":"Optibus, an Israeli cloud native AI platform for public transportation, completed a $40 million Series B financing round in 2018, with Alibaba among the investors. The investment from Alibaba aims to help Optibus penetrate the Chinese market, where public transport is critical. Optibus streamlines and optimizes the operations of public transport organizations, primarily bus companies, and operates in 500 cities worldwide. The company has raised a total of $160 million in funding. Optibus plans to address the challenges of electric and autonomous vehicles in the future. The article also discusses the global challenge of a driver shortage in the public transport industry.","partners":null,"customers":null,"investors":["Alibaba"],"confidence":9,"key_topics":["Chinese market","streamlining public transport systems","technology solutions","electric and autonomous vehicles","driver shortage"],"date_of_event":"2018","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"$40 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"XTtaZJiQibF3lglyvp8hM0NJzSCtZYW3hNRxF4Cv9Ab8sHaCy02BZR","news_summary":"Optibus optimizes bus lines worldwide with algorithms","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"d10ef515-a28c-45a7-8e0b-6adc4fa4409a","date":"Jul 20, 2021","link":"https://www.israel21c.org/the-startup-harnessing-ai-to-make-your-bus-arrive-on-time/","source":"www.israel21c.org","visible":1,"analysis":{"tags":"AI-based solutions","company":"Optibus","layoffs":null,"summary":"Optibus, an Israeli startup founded in 2014, provides AI-based solutions to optimize public transportation. The company was inspired by the inefficiencies in transit planning observed by the cofounders father. Optibus has raised $160 million and operates in nearly 500 cities globally. The COVID-19 pandemic highlighted the importance of their solution, leading to significant growth in 2020. The company plans to expand further into Europe, Latin America, the US, APAC, and Africa, and is investing in new products, including real-time public transportation management and electric mobility solutions.","partners":[],"customers":[],"investors":[],"confidence":10,"key_topics":["AI","public transit","optimization","expansion","COVID-19"],"date_of_event":"2020","valuation_amount":null,"impact_on_company":"growth-positive","investment_amount":"160 million","structured_issues":["Investment","Expand"],"acquisition_amount":null,"structuredIssuesShow":"#Investment  #Expand","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"growth-positive","analysisId":"zu0GUKHeYFM5rlXJNXpi7Q8JfW9VhNos8vURAIxYIDMuJWgncQR77H","news_summary":"The startup harnessing AI to make your bus arrive on time","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"06cef99c-ac1a-4c65-99fe-8c4d9e96e63f","date":"May 19, 2021","link":"https://www.itsinternational.com/its9/news/optibus-ai-aims-de-carbonise-buses","source":"www.itsinternational.com","visible":1,"analysis":{"tags":"decarbonisation, bus fleets, artificial intelligence, partnership","company":"Optibus","layoffs":null,"summary":"Optibus has partnered with Hitachi Europe to help cities and mass transport providers decarbonise their bus fleets. The partnership combines Optibus AI platform with Hitachis digital and operational capabilities, offering bus operators the ability to manage risk and cost when electrifying their fleet. The EV scheduling and planning solution allows users to define charging times, locations, and minimum battery levels to optimize schedules and make it easier to operate EV routes. The platform powers mass transportation operations in over 450 cities worldwide. 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