TransitScreen Raises $800K To Chase Real Estate Tech, Smart Cities Business
April 5, 2016 by Dave Haynes
“Globally, transportation has changed more in the last five years than in the previous hundred years combined. We are making buildings and cities smarter and more sustainable by delivering timely information worldwide,” says CEO Matt Caywood. The company has now raised a total of $1.5 million.
“Our growing team has united behind a common purpose: improve quality of life in cities through access to timely information. From Paris to Seattle, Boston to Berlin, we are giving people back the one resource we all need more of—our time,” says COO Ryan Croft.
The company is now out of burn mode and generating revenue from paying customers in 25 cities in North America and Europe. TransitScreen says it is targeting 5,000 screens live worldwide by early next year.