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New Deal


Announced

Completed

A consortium of investors led a $100m Series D funding round in Optibus.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For8%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Software

Acquisition

Israel

Minority

Friendly

Cross Border

SaaS platform

Venture Capital

Private Equity

Private

artificial intelligence

Synopsis

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Insight Partners, Bessemer Venture Partners, Verizon Ventures, Pitango, Tencent and SOMV Momentum led a $100m Series D funding round in Optibus, a developer of an AI-enabled SaaS platform for planning and running mass transportation. "Optibus is proud to be the first unicorn dedicated to public transportation, which is at the core of a healthy and equitable society. By putting powerful technology in the hands of industry professionals, Optibus helps to increase transportation equity and ridership while reducing emissions and costs. Our investors and employees see the double promise of Optibus to generate both social good and ROI, and we are thrilled to lead the industry’s digital transformation,” Amos Haggiag, Optibus CEO and Co-Founder.

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