Instant System
Latest round
- Series A
Last raised
- Apr 2021
Total raised
- $2.4M
Investors
- 2
About Instant System
Founded in 2013, Instant System SAS develops innovative solutions for urban mobility.000 mn on April 6, 2021. The company's CEO and founder, Yann Hervouet, has a notable history in the tech industry.Instant System specializes in the development of modular and scalable mobility-as-a-service (MaaS) solutions that cater to the unique transportation challenges faced by cities. Their core offerings include a comprehensive journey planning application that integrates public transport timetables, real-time updates, and multimodal route options, enabling users to navigate urban mobility more effectively. Additional features allow for seamless ticket purchasing, on-demand transport payments, and access to active mobility options, all consolidated within a unified platform.40. Their revenue model primarily revolves around partnerships with local transport authorities and operational collaborations with mobility service providers. They structure their transactions through B2B engagements, where transport authorities and operators subscribe to their solutions for integrated mobility management. The company will utilize these funds to support product development and accelerate its international expansion. They aim to enhance their existing offerings with new products designed to improve urban mobility solutions, while also targeting expansion into new geographic markets throughout Europe and potentially into North America by 2023.
Who invested in Instant System
2 investors across 1 round
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Funding rounds
Series A
Apr 6, 2021
Amount
$2.4M
Investors
Questions about Instant System
Who invested in Instant System?
Instant System has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Instant System raised?
Instant System has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Instant System last raise money?
Instant System's most recent round on record is a Series A, in Apr 2021.
What does Instant System do?
Founded in 2013, Instant System SAS develops innovative solutions for urban mobility.
Where is Instant System headquartered?
Instant System is headquartered in France.
Which VCs invest in companies like Instant System?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Instant System's stage. Their profiles are linked below.
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