FOR IMMEDIATE RELEASE: June 30, 2015
Patti Kelly Niewolny
Transportation platform RideScout purchases leading mobile ticketing provider for public transit
AUSTIN, Texas (June 30, 2015) — RideScout, the leading mobile app that allows users to search and compare ground transportation options on demand, today announced they have acquired GlobeSherpa, a market leader in mobile solutions for public transportation with mobile book-and-pay ticketing in several major US markets, such as Portland, San Francisco and Chicago. Terms of the agreement were not disclosed, and the transactions were completed on June 29, 2015.
With the integration of GlobeSherpa’s transit mobile ticketing technology, RideScout is making significant advancements with their access, booking, and payment options. Together, the companies will offer comprehensive solutions for an integrated mobility ecosystem, including:
– Multiple transportation options accessed through one platform, with booking and payment integrated to allow for a seamless experience.
– Critical last-mile transportation connectivity for commuters and public transit riders.
– Mobility packages to incentivize people to use a variety of transportation providers.
– Back-office analytics and tools for service providers to achieve efficiencies in operation.
“As the transportation landscape becomes more crowded, both the user and mobility service providers are looking for a more seamless experience,” said RideScout Co-Founder and CEO Joseph Kopser. “Integrating mobile ticketing for public and private transportation is critical as we continue to innovate on a central platform for booking, payment, and access to all services. We are thrilled to welcome GlobeSherpa into the RideScout family and, together, shape transportation for the 21st Century.”
As RideScout begins to integrate GlobeSherpa’s technology, users will be able to see all transportation options on their mobile device, select the one they want, and pay for the ride, or access it, with just a few taps. GlobeSherpa will also continue to bring mobile ticketing to transit agencies across the US and beyond.
“RideScout has established a brand and technology that embodies the future of transportation,” said GlobeSherpa CEO and Co-Founder Nat Parker. “By bringing our teams together, GlobeSherpa is positioned to have the resources and scale to deliver comprehensive solutions that advance our vision for an integrated commute – where access to information, payment, and mobility services are organized intelligently on your mobile device.”
GlobeSherpa is now a wholly-owned subsidiary of RideScout, with operations remaining in Portland, Oregon. CEO Nat Parker will continue to lead the company with current staff. This new partnership gives GlobeSherpa added resources and capabilities to expand in North America and internationally.
RideScout is led by CEO Joseph Kopser and COO Craig Cummings, who founded the company in 2011. Offering more than 300 mobility providers for users to choose from a one-stop mobile application, RideScout is available in 69 cities in North America.
For more information, please visit www.ridescout.com/GlobeSherpa.
RideScout is a technology platform that aggregates transportation options on its free iOS and Android apps and, utilizing predictive technology, helps users get around cities faster and smarter. RideScout shows users transit, taxi, ride share, car share, bike share, carpool, walking, biking, driving and parking in one view, with real-time transit departures and traffic integration. The company is based in Austin, Texas with satellite offices in Washington, DC, San Francisco and Chicago. RideScout is a company within moovel GmbH, a subsidiary of Daimler AG.
GlobeSherpa provides a secure, mobile payment platform for transit systems interested in moving to open payments, open data, and mobile fare collection with minimal infrastructure investment. GlobeSherpa is developing next generation mobile technologies using NFC and Bluetooth Low Energy and is integrating those with our robust back-office business intelligence software to reduce the cost of fare collections and improve operations for transit.