WhereIsMyTransport has received an investment of USD 1.85 million as part of its Series A funding round. Returning investor, Goodwell Investments, is joined by Liil Ventures, a Corporate Venture Capital fund in the mobility sector.
The company secured the investment it expands its digital mapping of formal and informally run public transport networks into new emerging markets, including its first data collection projects in India and Latin America. Data for more than 30 major cities in emerging markets are now available on the WhereIsMyTransport integrated mobility data platform – an open API for mobile data and commuter services.
With the expansion into the Latin American market – facilitated by lead Series A investor Liil Ventures – the company wrapped up 2018 with its most significant data collection project to date: collecting the world’s most complete dataset for integrated formal and informal public transport in the Mexico City metropolitan area.
Source: IT New Africa.