Spare

About:

Spare is a mobility management software company that helps public transit agencies manage and optimize transportation services.

Website: http://sparelabs.com

Twitter/X: sparelabs

Top Investors: Pacific Economic Development Canada, Inovia Capital, Translink Capital, National Research Council of Canada Industrial Research Assistance Program, Mitsubishi Corporation

Description:

Spare is a mobility management software company that enhances public transit services through on-demand and shared transportation solutions. The platform integrates various modes of transport, enabling efficient and accessible mobility for all users. Their platform uses advanced algorithms and data analytics to optimize routes, reduce wait times, and improve overall efficiency for transportation services. By optimizing transportation services and promoting shared rides, Spare Labs reduces traffic congestion and emissions, supporting more sustainable urban mobility.

Total Funding Amount:

$66.9M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Vancouver, British Columbia, Canada

Founded Date:

2015-11-03

Founders:

Alexey Indeev, Josh Andrews, Kristoffer Vik Hansen

Number of Employees:

101-250

Last Funding Date:

2024-09-10

IPO Status:

Private

© 2024 MyAiNote.com