WhereIsMyTransport, a South African transport technology startup, has secured £1.165 million from multiple investors to fund its transit API.
The API, which is open for anyone to use, contains transit data for both formal and informal (i.e. demand-based and relatively unregulated) services complete with analytics capability and communication tools.
According to the startup, the capabilities the platform provides has the potential to transform transport in emerging cities where people spend almost half their monhly income on transportation alone, and where delays and changes to journey routes are common.
“The platform that we are launching today is the first open platform for integrated transit data in the emerging world. It creates a foundation for cities and innovators to bring much needed access and information about mobility to millions of people. It’s also just the beginning for us at WhereIsMyTransport as we work to empower people to get where they want to go,” said Devin de Vries, co-founder of WhereIsMyTransport.
The transit API was built on Microsoft’s Azure cloud platform, to leverage Microsoft’s Platform-as-a-Service solutions, and combines data on formal and informal transportation from static and real-time sources.
This means that any transportation mode can be mapped and analysed through the API – whether it’s city buses, metro systems or privately owned buses and minibus taxis.
Launched today, the API contains formal transport information for South African cities Johannesburg, Tshwane, Cape Town, Durban, Port Elizabeth, George, and East London.
— WhereIsMyTransport (@mytransport) August 31, 2016
It also contains the data for the new Dar es Salaam BRT system, and the Cairo Metro. Other informal transport modes such as matatu system in Nairobi are being added to the platform.
The investment, which is the first closing of a £2 million seed round, was made by Goodwell Investments together with the Omidyar Network, and Horizon Ventures.
“We are delighted to welcome Omidyar Network to the WhereIsMyTransport family. Their experience and commitment to the social impact of innovation is inspiring and aligns with our own purpose. We also could not be happier that Goodwell Investments has joined us for another round, and now that we have launched our open transit data platform, we look forward to re-opening the round,” Devin de Vries added.
Launched in 2008 and headquartered in Cape Town, WhereIsMyTransport is dedicated to improving and integrating the commuter experience in emerging markets.
Source: Tech Financials.