Maven Capital Partners (Maven) has led a GBP5.5 million funding round for Liftango, a cloud-based technology platform which enables transport operators to optimise route planning in real-time based on passenger demand.
The transaction includes a GBP1.75 million investment from the Maven VCTs with follow-on funding from Liftango’s existing investors, which include Transdev, Taronga Ventures and GUD. Scottish Enterprise are also new investors in this round.
Liftango’s technology centres around its three core products, on-demand bus (ODB), fixed-route shuttles and carpool. The ODB and fixed-route cloud-based platform allows public and corporate transport operators to manage their services on a single platform. This unique offering is a first for fleet operators and provides their passengers with a more personalised service whilst optimising vehicle scheduling and routing to improve fleet efficiency.
