# Instant System

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/instant-system

- Industry: Software
- Headquarters: France
- Website: www.instant-system.com
- Total disclosed funding: $2.4M
- Latest round: Series A (Apr 6, 2021)
- Investors on record: 2

## About

Based in France, Instant System SAS specializes in creating modular and scalable mobility-as-a-service solutions that help cities manage their transportation challenges more effectively.Founded in 2013, Instant System SAS develops innovative solutions for urban mobility. The company has executed 3 deals with its most recent funding round being a Series A, where it raised EUR 2.000 mn on April 6, 2021. The company's CEO and founder, Yann Hervouet, has a notable history in the tech industry. With a current valuation of EUR 16.651 mn, Instant System is recognized for its partnerships with local transport authorities to enhance urban transit.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. Designed to enhance collaboration with urban planners and transport authorities, Instant System's solutions are currently deployed in 80 distinct territories across Europe, North America, and Africa, serving municipal transport operators, mobility service providers, and ultimately, the end-users who rely on these networks for their daily commutes.In 2018, Instant System generated a revenue of EUR 2,310,393.40 with an EBITDA of EUR 410,878.40. 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. Pricing plans vary based on services utilized, ensuring that both public and private entities can effectively manage their transportation solutions while improving user experiences.In April 2021, Instant System SAS raised EUR 2.000 mn in venture funding from Demeter Partners and Opera Tech Ventures. 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.

## Funding rounds

- Series A, Apr 6, 2021, $2.4M — Demea Invest, Opera Tech Ventures

## Investors

- Demea Invest (https://capitalatlas.ai/funds/demea-invest) — Series A
- Opera Tech Ventures (https://capitalatlas.ai/funds/opera-tech-ventures) — Series A