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Consumer Series B Founded 2013

HopOn

HopOn is a mobility technology company providing a SaaS-enabled mobility-as-a-service and data collection solution for public transit operators. The solution consists of a consumer-facing mobile app for passengers, a mobile app for inspectors, and management interfaces. Passengers request a boarding pass through the app, which uses proprietary beacon technology to detect all necessary information and automatically…

📍 Tel Aviv, Israel · Road Transport Tech,

Funding snapshot

Last roundSeries B
Amount$10M
Date1 August 2021
Total raised$11M
Team size43

About

HopOn is a mobility technology company providing a SaaS-enabled mobility-as-a-service and data collection solution for public transit operators. The solution consists of a consumer-facing mobile app for passengers, a mobile app for inspectors, and management interfaces. Passengers request a boarding pass through the app, which uses proprietary beacon technology to detect all necessary information and automatically generate a valid boarding pass using ultrasonic sound waves for data transfer between the beacon and passenger devices. This approach eliminates the need for specialized hardware on vehicles while enabling seamless fare collection, real-time ridership data, and analytics for transit operators. HopOn’s platform targets public transit systems seeking to modernize fare collection, improve operational efficiency, and gather granular ridership data without significant infrastructure investment. Founded in 2013 and headquartered in Tel Aviv, Israel, the company has raised approximately $10.7 million in Series B funding. Investors include Prytek, Future Energy Ventures, Poalim Capital Markets, innogy, Moneta, JSCapital, Clear Future, and Plug and Play Tech Center.

Business model

Smart Cities > Smart Mobility > Mobility as a Service,

Road Transport Tech > Mass Transit > Consumer Transit Applications > Ticketing,

Smart Public Transport > Mobility as a Service,

Plug and Play Tech Center Batches > Startup Autobahn > Batch 1

Founders & team highlights

Serial Founder

Team background

Top Rated Teams > Serial Entrepreneur

Institutional investors

Clear Future Moneta JSCapital Prytek Poalim Capital Markets Future Energy Ventures Kfar Saba Plug and Play Tech Center innogy

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