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§ Private Profile · Durham, NC, USA
TransLoc is a technology company.
TransLoc provides comprehensive software solutions designed to optimize both fixed-route and on-demand transit services. Their platform encompasses real-time vehicle tracking, automated and driver-assisted passenger counting, and automatic vehicle announcement systems. The integrated suite also includes dedicated rider-facing and driver apps, alongside General Transit Feed Specification (GTFS) management, enabling agencies to streamline operations and deliver a more efficient rider experience. This technology addresses the complex logistical challenges of modern public and private transportation.
The company was founded in 2004 by Josh Whiton and Dominique Bischof, who recognized the need for improved technology in the transit sector. Their initial insight aimed at modernizing public transportation through data-driven solutions and real-time information, laying the groundwork for two decades of continuous innovation in bus transit software. This foundational vision has guided their development of robust systems for diverse organizational needs.
TransLoc serves a broad array of clients, including universities, municipal transit agencies, airports, corporate campuses, and healthcare systems. The company empowers these organizations to manage flexible and convenient transportation networks. Its long-term vision centers on leveraging technology to make transit the preferred choice for all, enhancing accessibility and efficiency across various community and institutional settings.
TransLoc has raised $8.0M across 1 funding round.
TransLoc has raised $8.0M in total across 1 funding round.
TransLoc has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Series A in March 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2016 | $8M Series A | Dave Kirkpatrick | Fontinalis Partners, LearnLaunch Accelerator, Project 11, Jason Henrichs, JOE Caruso, Joshua Summers, Will Herman, Thomas Mcmurray, Marc Benioff, Patient Capital Collaborative | Announced |
TransLoc has raised $8.0M in total across 1 funding round.
TransLoc's investors include Dave Kirkpatrick, Fontinalis Partners, LearnLaunch Accelerator, Project 11, Jason Henrichs, Joe Caruso, Joshua Summers, Will Herman, Thomas McMurray, Marc Benioff, Patient Capital Collaborative.
TransLoc is a transit technology company that develops software and hardware solutions for fixed-route and on-demand public transportation, including rider apps, real-time tracking, automated dispatch, and passenger information systems.[1][2][3] It serves cities, transit agencies, universities, airports, corporate campuses, and healthcare systems, addressing challenges like inefficient routing, poor rider experience, and operational silos to boost ridership, efficiency, and accessibility—such as enabling a 26% ridership increase for GoTriangle in North Carolina.[3][5] Founded in 2004 and headquartered in Durham, NC, TransLoc raised $8M before being acquired by Modaxo in March 2022 (and previously backed by Ford as part of its mobility portfolio).[1][4][7]
TransLoc was founded in 2004 in Durham, North Carolina, emerging from the need to unify fragmented public transit information across agencies.[1][5][7] The company gained early traction by solving regional challenges, like creating America's first multi-agency, real-time transit information system for GoTriangle, integrating hardware from nearly 500 buses and driving a 26% ridership surge through better data management and passenger tools.[5] Over two decades, it evolved from basic real-time tracking to a full-suite platform, attracting investments totaling $8M and acquisitions—first into Ford's mobility portfolio as a Transportation-as-a-Service (TaaS) leader, then by Modaxo in 2022—while expanding to serve over 338 agencies, universities, hospitals, and corporations.[1][4][5]
TransLoc stands out in transit tech through its integrated ecosystem of software, hardware, and data tools, emphasizing seamless operations and rider-centric features:
TransLoc rides the wave of urban mobility modernization, fueled by demand for efficient, equitable public transit amid rising urbanization, sustainability goals, and post-pandemic shifts to contactless, on-demand services like microtransit.[1][3][5] Timing aligns with TaaS growth, where agencies seek affordable tech to compete with rideshares—TransLoc democratizes this for smaller operators, as noted by partners like Masabi, delivering "cutting-edge" solutions faster and cheaper.[1][4] Market forces favoring it include regulatory pushes for emissions reduction (via ridership boosts averting car use) and data-driven operations; it influences the ecosystem by enabling multi-agency integrations, boosting satisfaction, and supporting NTD reporting, thus accelerating transit's role in cleaner, connected cities.[2][5][6]
TransLoc is poised to expand within Modaxo's portfolio, leveraging integrations for AI-enhanced routing, predictive analytics, and broader TaaS adoption amid electrification and autonomous vehicle trends.[1][2] Rising focus on sustainable urban transport—driven by climate policies and smart city initiatives—will amplify demand for its real-time, scalable tools, potentially growing its 338+ client base through global partnerships. Its influence may evolve toward ecosystem orchestration, powering seamless multimodal transit and setting standards for resilient, rider-first operations that tie back to its core mission: solving transit's biggest problems with technology at the speed of life.[3][5]