10 years ago

Citymapper Raises $40 Million to Expand its Urban Transport App

  • Citymapper, a London-based urban transport startup, has raised $40 million in Series B funding led by Index Ventures and Benchmark Capital

  • The company plans to use the funding to expand its team, add more cities, and improve its core product

  • Citymapper is also eyeing up the challenge of expanding into emerging markets, where the infrastructure is more complex and dynamic.

      • ProblemTechnology

      "navigating public transportation in cities is time consuming and confusing, especially when you need to combine different modes of transport."

      Solution

      "Citymapper provides an app that uses algorithms to knit together different transit options to help city dwellers quickly figure out how to get from A to B."

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