Masabi is the global leader in transport mobile ticketing. The company’s award-winning JustRide platform is a cloud-based, deployment-proven, end-to-end mobile ticketing and fare collection system. It consists of services for ticket purchase, display and inspection, together with back-end infrastructure for secure payments, ticket management, customer service, reporting and real-time analytics. Masabi’s technology signals the end of ticket lines, lost tickets and fumbling for cash by allowing passengers to quickly and securely buy and display tickets on their mobile phones. Masabi’s scalable cloud-based technology already processes more than 110 million dollars per year, handles millions of connections per day, and is operational with 22 transport agencies and retail brands round the world, including: Virgin Trains, First Group, Thames Clippers, Boston’s MBTA, San Diego MTS and Transport for Athens. The company has offices in New York, Boston and London.
Company Growth (employees)
Type
Private
HQ
London, GB
Founded
2001
Size (employees)
92 (est)+3%
Website
masabi.com
Masabi was founded in 2001 and is headquartered in London, GB

Key People at Masabi

Matt Jones

Matt Jones

CFO
Ed Howson

Ed Howson

Co-Founder
Tom Godber

Tom Godber

Co-founder / JustRide product GM
Gialomo Biggiero

Gialomo Biggiero

UK General Manager
Josh Robin

Josh Robin

Vice President of Strategy and Development - North America

Masabi Office Locations

Masabi has offices in London, Newton and New York
Newton, US (HQ)
101 303 1320 Centre St
London, GB (HQ)
37 Bevenden St
New York, US
23a 1330 Ave Of The Americas

Masabi Data and Metrics

Summary Metrics

Founding Date

2001

Total Funding

$20.8 m

Latest funding size

$12 m

Time since last funding

over 1 year

Investors

Masabi's latest funding round in December 2015 was reported to be $12 m. In total, Masabi has raised $20.8 m

Masabi Financial Metrics

Numbers are in £, GBP

Cash (31-Dec-2015)

105 k
FY, 2013FY, 2014FY, 2015

Cash

392.9 k160.6 k105 k

Accounts Receivable

507 k845.9 k1.3 m

Current Assets

899.8 k1 m1.4 m

PP&E

97.7 k106.9 k335.9 k

Goodwill

6.1 k5.8 k5.5 k

Total Assets

1 m1.1 m1.8 m

Accounts Payable

208.4 k498.7 k1.1 m

Current Liabilities

208.4 k498.7 k1.1 m

Total Equity

(4.2 m)(5.8 m)(8.5 m)

Financial Leverage

-0.2 x-0.2 x-0.2 x
Y, 2015

Financial Leverage

-0.2 x

Masabi Online and Social Media Presence

Masabi Company Life and Culture

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