# Liftango Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/liftango-group

- Industry: Transportation Services
- Headquarters: UK
- Website: www.liftango.com
- Total disclosed funding: $0.7M
- Latest round: Seed (Mar 9, 2018)
- Investors on record: 2

## About

Based in the UK, Liftango Group Limited specializes in innovative technology solutions that enhance shared mobility systems, providing efficient transport options for communities and organizations.Liftango Group Limited focuses on shared mobility solutions, offering a multi-modal platform designed for varied transport needs. Founded in 2015, the company has secured three deals, including a recent round of funding on May 11, 2023, where it raised GBP 2.5 million from Scottish Enterprise and Maven VCT. Kevin Orr and Trystan Eeles are among the founders, bringing prior entrepreneurial experience to the firm.Liftango offers a comprehensive suite of technology solutions designed to facilitate shared mobility projects. Their core offerings include a unique multi-modal platform that supports various shared transport options, including demand-responsive services, environmentally-conscious carpool programs, and fixed-route shuttles. This platform helps communities enhance public transport efficiency, manage fleets effectively, and make data-driven decisions to accommodate diverse transport needs. End users include local governments, businesses, and community organizations seeking to improve transport accessibility and reduce environmental footprints. The company's products are deployed in multiple geographical markets, including North Lincolnshire, England, and other regions worldwide, as they aim to transform urban mobility systems across various global contexts.Liftango's revenue model is structured around providing tailored transport solutions to businesses and organizations, establishing partnerships that facilitate ongoing service provision. Clients engage with Liftango through subscription-based models, where they can access the company’s suite of products, such as demand-responsive transport systems and secure rideshare platforms. The transactions typically involve clients paying for the setup and ongoing management of transport solutions, which may include features such as automated routing and vehicle scheduling. Revenue is generated from these partnerships as clients integrate Liftango’s technology into their existing transportation networks, thus improving efficiency and enhancing user experience. Specific pricing plans for these services are structured around the needs and scale of the client’s transport operations, ensuring customized solutions that align with various operational goals.In May 2023, Liftango Group Limited raised GBP 2.5 million in venture funding to accelerate its business growth. The company plans to utilize this funding to enhance its product offerings and expand into new markets, targeting regions where shared mobility solutions can significantly improve public transport systems. Specific details about upcoming products are yet to be disclosed, but the firm aims to utilize its recent funding to ensure robust growth in the coming years.

## Funding rounds

- Seed, Mar 9, 2018, $0.7M — Artesian, GUD Holdings Limited

## Investors

- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- GUD Holdings Limited — Seed