189 Best Transportation Startups to Watch in [2023]

Have you ever wondered who is on the list of Transportation Companies with the highest growth rates?

You’re not alone.

There are hundreds of Transportation Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 189 fast-growing Transportation Startups that have top-tier venture capital funding.

What are Transportation Startups?

Transportation startups are companies that use new technology and innovative business models to create efficient and cost-effective solutions for the transportation industry. These startups often focus on improving urban mobility, reducing traffic congestion, and providing accessible and efficient services to customers. 

Examples of transportation startups include ride-hailing apps, bike-sharing services, and autonomous vehicle technology companies.

Top 189 Fastest-Growing Startups In Transportation

1) Cruise

Cruise creates self-driving vehicles that link people to the places, things, and experiences they care about in a safe and secure manner.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2013
• Founders: Daniel Kan, Jeremy Guillory, Kyle Vogt
• Number of employees: 1001-5000
• Funding amount: $13,018,800,000
• Number of funding rounds: 11
• Number of investors: 45

You can find their website here.

2) RoadSync

RoadSync is a logistics industry-specific digital payment software application platform.

Details of the startup:

• Country: United States
• City: Atlanta
• Started in: 2015
• Founders: Akmann Van-Mary, Ryan Droege, Spencer Barkoff
• Number of employees: 51-100
• Funding amount: $38,300,000
• Number of funding rounds: 6
• Number of investors: 15

You can find their website here.

3) Lucid Motors

Lucid Motors is an automobile manufacturer that focuses on electric vehicles.

Details of the startup:

• Country: United States
• City: Newark
• Started in: 2007
• Founders: Andrew Burns, Sam Weng
• Number of employees: 1001-5000
• Funding amount: $1,330,999,992
• Number of funding rounds: 5
• Number of investors: 5

You can find their website here.

4) Delhivery

Delhivery is a supply chain management firm that specializes in transportation, warehousing, freight, and order fulfillment.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2011
• Founders: Bhavesh Manglani, Kapil Bharati, Mohit Tandon, Sahil Barua, Suraj Saharan
• Number of employees: 5001-10000
• Funding amount: $1,236,569,361
• Number of funding rounds: 11
• Number of investors: 13

You can find their website here.

5) Helbiz

Helbiz is a company that operates e-scooters, e-bicycles, and e-mopeds for intra-urban mobility.

Details of the startup:

• Country: United States
• City: New York
• Started in: 2016
• Founders: Salvatore Palella
• Number of employees: 251-500
• Funding amount: $56,850,000
• Number of funding rounds: 10
• Number of investors: 3

You can find their website here.

6) KeepTruckin

KeepTruckin is a service that assists trucking companies in managing their fleets and ensuring that their drivers are legally logging their hours.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2013
• Founders: Obaid Khan, Ryan Johns, Shoaib Makani
• Number of employees: 1001-5000
• Funding amount: $417,300,000
• Number of funding rounds: 7
• Number of investors: 14

You can find their website here.

7) Ola

Ola is an Indian mobility platform and ride-hailing firm.

Details of the startup:

• Country: India
• City: Kormangala
• Started in: 2010
• Founders: Ankit Bhati, Bhavish Aggarwal
• Number of employees: 5001-10000
• Funding amount: $3,808,672,049
• Number of funding rounds: 25
• Number of investors: 45

You can find their website here.

8) Bird

Bird creates a vehicle sharing network that offers low-cost transportation to communities all around the world.

Details of the startup:

• Country: United States
• City: Santa Monica
• Started in: 2017
• Founders: Travis VanderZanden
• Number of employees: 501-1000
• Funding amount: $623,000,000
• Number of funding rounds: 9
• Number of investors: 32

You can find their website here.

9) DeepMap

DeepMap is advancing safe autonomy by offering the greatest autonomous mapping and localization solutions in the world.

Details of the startup:

• Country: United States
• City: Palo Alto
• Started in: 2016
• Founders: James Wu, Mark Wheeler
• Number of employees: 101-250
• Funding amount: $92,000,000
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

10) Lime

Lime makes it possible for individuals to get around their cities in a cost-effective and convenient manner while reducing their carbon footprint.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2017
• Founders: Adam Zhang, Brad Bao, Caen Contee, Charlie Gao, Kazuma Furuki, Toby Sun
• Number of employees: 501-1000
• Funding amount: $945,000,000
• Number of funding rounds: 13
• Number of investors: 50

You can find their website here.

11) Boom Supersonic

Boom Supersonic is a commercial aircraft manufacturer that specializes in supersonic aircraft that are designed for speed, safety, and environmental sustainability.

Details of the startup:

• Country: United States
• City: Englewood
• Started in: 2014
• Founders: Blake Scholl, Joe Wilding, Joshua Krall
• Number of employees: 101-250
• Funding amount: $241,131,868
• Number of funding rounds: 9
• Number of investors: 27

You can find their website here.

12) Convoy

Convoy is the most efficient digital freight network in the country.

Details of the startup:

• Country: United States
• City: Seattle
• Started in: 2015
• Founders: Dan Lewis, Grant Goodale
• Number of employees: 501-1000
• Funding amount: $665,500,000
• Number of funding rounds: 8
• Number of investors: 45

You can find their website here.

13) Ridecell

For automobile rental firms, Ridecell provides car-sharing, ride-sharing, short-term leases, and autonomous vehicle fleet services.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2009
• Founders: Aarjav Trivedi, ArunKumar Elangovan, Steve Dickerson
• Number of employees: 101-250
• Funding amount: $134,754,653
• Number of funding rounds: 9
• Number of investors: 29

You can find their website here.

14) SpaceX

SpaceX is a private aerospace and aviation firm that develops, builds, and launches sophisticated rockets and spacecraft.

Details of the startup:

• Country: United States
• City: Hawthorne
• Started in: 2002
• Founders: Elon Musk
• Number of employees: 5001-10000
• Funding amount: $7,460,112,010
• Number of funding rounds: 43
• Number of investors: 45

You can find their website here.

15) FlixBus

FlixBus is a hybrid of a software firm, an e-commerce platform, and a transportation provider.

Details of the startup:

• Country: Germany
• City: Munich
• Started in: 2011
• Founders: Andre Schwammlein, Daniel Krauss, Jochen Engert
• Number of employees: 1001-5000
• Funding amount: $1,213,056,722
• Number of funding rounds: 7
• Number of investors: 16

You can find their website here.

16) project44

For shippers and third-party logistics companies, project44 offers an advanced supply chain visibility platform.

Details of the startup:

• Country: United States
• City: Chicago
• Started in: 2014
• Founders: Jett McCandless, Wally Ibrahim
• Number of employees: 251-500
• Funding amount: $397,500,000
• Number of funding rounds: 7
• Number of investors: 18

You can find their website here.

17) Flash Express

Flash Express is a logistics and transportation firm that provides door-to-door pickup and delivery.

Details of the startup:

• Country: Thailand
• City: Bangkok
• Started in: 2017
• Founders: Di Weijie, Komsan Lee
• Number of employees: 10001+
• Funding amount: $350,000,000
• Number of funding rounds: 3
• Number of investors: 10

You can find their website here.

18) Cambridge Mobile Telematics

DriveWell is a full telematics and behavioral analytics system developed by Cambridge Mobile Telematics to increase safety.

Details of the startup:

• Country: United States
• City: Cambridge-US
• Started in: 2010
• Founders: Bill Powers, Hari Balakrishnan, Sam Madden, Tim Vogel
• Number of employees: 101-250
• Funding amount: $502,500,000
• Number of funding rounds: 2
• Number of investors: 1

You can find their website here.

19) JD Logistics

For the e-commerce industry, JD Logistical provides supply chain and logistics services.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2007
• Founders: Yuanhai Li
• Number of employees: 10001+
• Funding amount: $2,500,000,000
• Number of funding rounds: 2
• Number of investors: 12

You can find their website here.

20) Einride

Einride is a transportation technology firm that designs and develops electric and autonomous freight vehicles.

Details of the startup:

• Country: Sweden
• City: Stockholm
• Started in: 2016
• Founders: Filip Lilja, Linnea Kornehed, Robert Falck
• Number of employees: 101-250
• Funding amount: $152,343,070
• Number of funding rounds: 8
• Number of investors: 15

You can find their website here.

21) Argo AI

Argo AI is a business that develops self-driving technology platforms.

Details of the startup:

• Country: United States
• City: Pittsburgh
• Started in: 2016
• Founders: Bryan Salesky, Peter Rander
• Number of employees: 1001-5000
• Funding amount: $3,600,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

22) Joby Aviation

Joby Aviation is a business that develops electric aircraft for the aerospace industry.

Details of the startup:

• Country: United States
• City: Santa Cruz
• Started in: 2009
• Founders: JoeBen Bevirt
• Number of employees: 501-1000
• Funding amount: $795,970,000
• Number of funding rounds: 6
• Number of investors: 20

You can find their website here.

23) Piano

Piano Software is a digital media, health care, financial services, and transportation business platform.

Details of the startup:

• Country: United States
• City: New York
• Started in: 2010
• Founders: Steven Brill, Tomas Bella
• Number of employees: 501-1000
• Funding amount: $116,058,239
• Number of funding rounds: 11
• Number of investors: 13

You can find their website here.

24) Lilium

Lilium is a business that is working on building an electric airplane.

Details of the startup:

• Country: Germany
• City: Weßling
• Started in: 2015
• Founders: Daniel Wiegand, Matthias Meiner, Patrick Nathen, Sebastian Born
• Number of employees: 501-1000
• Funding amount: $376,400,000
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

25) Whim

Whim is a mobility-as-a-service provider that bundles all city transportation services into a single app for its customers.

Details of the startup:

• Country: Finland
• City: Helsinki
• Started in: 2015
• Founders: Kaj Pyyhtia, Sampo Hietanen
• Number of employees: 51-100
• Funding amount: € 53,700,000
• Number of funding rounds: 5
• Number of investors: 12

You can find their website here.

26) Zoox

Zoox is a self-driving car and mobility-as-a-service firm powered by artificial intelligence.

Details of the startup:

• Country: United States
• City: Foster City
• Started in: 2014
• Founders: Jesse Levinson, Tim Kentley Klay
• Number of employees: 1001-5000
• Funding amount: $1,005,000,000
• Number of funding rounds: 6
• Number of investors: 13

You can find their website here.

27) Forto

Forto is an online freight forwarding platform.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2016
• Founders: Erik Muttersbach, Fabian Heilemann, Ferry Heilemann, Michael Wax
• Number of employees: 501-1000
• Funding amount: $103,000,000
• Number of funding rounds: 4
• Number of investors: 13

You can find their website here.

28) Rapido

Rapido is an online bike taxi aggregator and logistics service that enables people to share their bicycles with others.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2015
• Founders: Aravind Sanka, Pavan Guntupalli, Rishikesh SR
• Number of employees: 1001-5000
• Funding amount: $121,996,807
• Number of funding rounds: 9
• Number of investors: 32

You can find their website here.

29) FreightWaves

FreightWaves is a data and content forum that provides near-real-time statistics to market participants.

Details of the startup:

• Country: United States
• City: Chattanooga
• Started in: 2016
• Founders: Craig Fuller
• Number of employees: 101-250
• Funding amount: $92,400,000
• Number of funding rounds: 8
• Number of investors: 19

You can find their website here.

30) Gojek

Gojek is a mobile application that offers a wide range of services, including payments, food delivery, transportation, and logistics.

Details of the startup:

• Country: Indonesia
• City: Jakarta
• Started in: 2010
• Founders: Kevin Aluwi, Michaelangelo Moran, Nadiem Makarim
• Number of employees: 5001-10000
• Funding amount: $5,293,000,000
• Number of funding rounds: 12
• Number of investors: 34

You can find their website here.

31) Turo

Turo is a car-sharing marketplace where visitors can reserve whatever vehicle they wish.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2009
• Founders: Shelby Clark
• Number of employees: 251-500
• Funding amount: $467,400,000
• Number of funding rounds: 12
• Number of investors: 30

You can find their website here.

32) Buser

Buser is a crowd-sourced charter platform that allows users to book low-cost bus rides.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2016
• Founders: Marcelo Coelho Vasconcellos
• Number of employees: 101-250
• Funding amount: $138,000,000
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

33) Waymo

Waymo develops self-driving technology created in Google’s labs to enhance transportation.

Details of the startup:

• Country: United States
• City: Mountain View
• Started in: 2009
• Number of employees: 1001-5000
• Funding amount: $5,500,000,000
• Number of funding rounds: 3
• Number of investors: 13

You can find their website here.

34) ZoomCar

ZoomCar is a self-drive car rental firm that lets customers rent cars by the hour, day, or week.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2012
• Founders: David Back, Greg Moran
• Number of employees: 501-1000
• Funding amount: $274,145,634
• Number of funding rounds: 20
• Number of investors: 36

You can find their website here.

35) Careem

Careem is a company that creates an app that assists Dubai commuters in finding a car to rent.

Details of the startup:

• Country: United Arab Emirates
• City: Dubai
• Started in: 2012
• Founders: Abdulla Elyas, Magnus Olsson, Mudassir Sheikha, Wael Nafee
• Number of employees: 1001-5000
• Funding amount: $771,700,000
• Number of funding rounds: 7
• Number of investors: 22

You can find their website here.

36) Flock Freight

Less-than-truckload (LTL) shippers can share trailer space in a full truckload with Flock Freight’s algorithmic pooling system.

Details of the startup:

• Country: United States
• City: Solana Beach
• Started in: 2015
• Founders: Oren Zaslansky
• Number of employees: 101-250
• Funding amount: $184,000,000
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

37) Virtuo

Virtuo is a company that offers car-on-demand services.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2015
• Founders: Karim Kaddoura, Thibault Chassagne
• Number of employees: 101-250
• Funding amount: $129,905,777
• Number of funding rounds: 5
• Number of investors: 13

You can find their website here.

38) Ride Health

Ride Health aims to improve access to care for individuals who are unable to travel.

Details of the startup:

• Country: United States
• City: New York
• Started in: 2016
• Founders: Imran Cronk, Sumun Khetpal
• Number of employees: 11-50
• Funding amount: $16,200,000
• Number of funding rounds: 5
• Number of investors: 12

You can find their website here.

39) Skyroot Aerospace

Skyroot Aerospace is India’s first space launch vehicle company, producing rockets for low-cost access to space.

Details of the startup:

• Country: India
• City: Hyderabad
• Started in: 2018
• Founders: Naga Bharath Daka, Pawan Kumar Chandana
• Number of employees: 11-50
• Funding amount: $14,938,971
• Number of funding rounds: 3
• Number of investors: 9

You can find their website here.

40) Hesai Technology

Hesai Technology is a laser sensor creator and manufacturer for robotics and self-driving cars.

Details of the startup:

• Country: China
• City: Shanghai
• Started in: 2014
• Founders: Kai Sun, Shaoqing Xiang, Yifan Li
• Number of employees: 501-1000
• Funding amount: $531,151,155
• Number of funding rounds: 8
• Number of investors: 17

You can find their website here.

41) The Boring Company

The Boring Company’s goal is to build tunnels quickly so that a subterranean transportation network can be built.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2016
• Founders: Elon Musk
• Number of employees: 51-100
• Funding amount: $233,000,000
• Number of funding rounds: 2
• Number of investors: 5

You can find their website here.

42) Cabana

Cabana is a new travel company that converts vans into bookable mobile hotels.

Details of the startup:

• Country: United States
• City: Seattle
• Started in: 2019
• Founders: Scott Kubly
• Number of employees: 11-50
• Funding amount: $13,500,000
• Number of funding rounds: 4
• Number of investors: 10

You can find their website here.

43) Via

Via is a re-engineering public transportation firm that develops and offers commuters with on-demand public mobility solutions.

Details of the startup:

• Country: United States
• City: New York
• Started in: 2012
• Founders: Daniel Ramot, Oren Shoval
• Number of employees: 1001-5000
• Funding amount: $647,064,111
• Number of funding rounds: 7
• Number of investors: 23

You can find their website here.

44) LISNR

LISNR uses the most modern ultrasonic data technology to provide secure and seamless data transmission.

Details of the startup:

• Country: United States
• City: Oakland
• Started in: 2012
• Founders: Chris Ostoich, Chris Ridenour, Josh Glick, Nikki Ridenour, Rodney Williams
• Number of employees: 11-50
• Funding amount: $30,800,000
• Number of funding rounds: 10
• Number of investors: 19

You can find their website here.

45) Aurora

Aurora is bringing the benefits of self-driving technology to a wider audience in a safe, timely, and cost-effective manner.

Details of the startup:

• Country: United States
• City: Mountain View
• Started in: 2017
• Founders: Chris Urmson, J. Andrew Bagnell, Sterling Anderson
• Number of employees: 1001-5000
• Funding amount: $1,090,000,000
• Number of funding rounds: 5
• Number of investors: 15

You can find their website here.

46) Getaround

Getaround is a peer-to-peer car sharing marketplace where people may rent out their vehicles.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2011
• Founders: Elliot Kroo, Jessica Scorpio, Sam Zaid
• Number of employees: 251-500
• Funding amount: $568,024,999
• Number of funding rounds: 17
• Number of investors: 55

You can find their website here.

47) Overhaul

Overhaul is a technology solution for supply chain integrity that uses visibility to detect and fix non-compliance in supply chains.

Details of the startup:

• Country: United States
• City: Austin
• Started in: 2016
• Founders: Barry Conlon, Robert Clarke
• Number of employees: 51-100
• Funding amount: $64,000,000
• Number of funding rounds: 4
• Number of investors: 4

You can find their website here.

48) Cabify

Cabify is a Latin American, Spanish, and Portuguese ride-sharing startup.

Details of the startup:

• Country: Spain
• City: Madrid
• Started in: 2011
• Founders: Adrian Merino, Francisco Montero, Juan De Antonio, Sam Lown, Vicente Pascual
• Number of employees: 1001-5000
• Funding amount: $477,000,000
• Number of funding rounds: 9
• Number of investors: 25

You can find their website here.

49) BluJay Solutions

LSPs, freight forwarders, and other businesses use BluJay Solutions’ logistics and transportation software and services.

Details of the startup:

• Country: United States
• City: Holland
• Started in: 1972
• Number of employees: 501-1000
• Funding amount: $500,000,000
• Number of funding rounds: 2
• Number of investors: 3

You can find their website here.

50) Merlin Labs

Merlin Labs creates technology and software that enables aircraft to fly meaningful missions on their own.

Details of the startup:

• Country: United States
• City: Boston
• Started in: 2018
• Founders: Matt George
• Number of employees: 11-50
• Funding amount: $46,000,000
• Number of funding rounds: 3
• Number of investors: 10

You can find their website here.

51) Glovo

Glovo is a delivery service that buys, picks up, and delivers items requested using its smartphone app.

Details of the startup:

• Country: Spain
• City: Barcelona
• Started in: 2015
• Founders: Gerard Olive, Miguel Vicente, Oscar Pierre, Sacha Michaud
• Number of employees: 1001-5000
• Funding amount: $1,162,249,826
• Number of funding rounds: 12
• Number of investors: 32

You can find their website here.

52) Volocopter

Volocopter is an urban air transportation business that creates environmentally friendly air taxis.

Details of the startup:

• Country: Germany
• City: Bruchsal
• Started in: 2011
• Founders: Alexander Zosel, Stephan Wolf
• Number of employees: 251-500
• Funding amount: € 369,200,000
• Number of funding rounds: 6
• Number of investors: 20

You can find their website here.

53) Scurri

Scurri is a simple, flexible API and dashboard designed to improve your ordering, shipping, and delivery processes.

Details of the startup:

• Country: Ireland
• City: Wexford
• Started in: 2010
• Founders: Eugene Crehan, Josephine O’Connor, Rory O’Connor
• Number of employees: 11-50
• Funding amount: € 15,450,000
• Number of funding rounds: 6
• Number of investors: 8

You can find their website here.

54) Didi

Didi is a mobile platform that provides transportation services via an app.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2012
• Founders: Bo Zhang, Wei Cheng
• Number of employees: 5001-10000
• Funding amount: $23,246,700,000
• Number of funding rounds: 24
• Number of investors: 43

You can find their website here.

55) Stuart

Stuart is speeding up the delivery of local products in a city.

Details of the startup:

• Country: Spain
• City: Barcelona
• Started in: 2015
• Founders: Benjamin Chemla, Clement Benoit, Dominique Leca
• Number of employees: 251-500
• Funding amount: € 23,500,000
• Number of funding rounds: 2
• Number of investors: 1

You can find their website here.

56) Lalamove

Lalamove is a logistics company that specializes in same-day and on-demand delivery.

Details of the startup:

• Country: Hong Kong
• City: Hong Kong
• Started in: 2013
• Founders: Chow Shing Yuk, Gary Hui, Santit Jirawongkraisorn
• Number of employees: 501-1000
• Funding amount: $2,476,500,000
• Number of funding rounds: 9
• Number of investors: 18

You can find their website here.

57) Blackbuck

Blackbuck is a logistics company based in India that makes trucking easier for both shippers and drivers.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2015
• Founders: Chanakya Hridaya, Rajesh Yabaji, Ramasubramaniam B
• Number of employees: 1001-5000
• Funding amount: $296,995,198
• Number of funding rounds: 8
• Number of investors: 13

You can find their website here.

58) May Mobility

May Mobility is using autonomous technology to improve cities and make the world a safer, greener, and more accessible place.

Details of the startup:

• Country: United States
• City: Ann Arbor
• Started in: 2017
• Founders: Alisyn Malek, Edwin Olson, Steve Vozar
• Number of employees: 101-250
• Funding amount: $83,620,000
• Number of funding rounds: 6
• Number of investors: 15

You can find their website here.

59) VOI Technology

Electric scooters for urban commuters are owned, operated, and managed by VOI Technology.

Details of the startup:

• Country: Sweden
• City: Stockholm
• Started in: 2018
• Founders: Adam Jafer, Douglas Stark, Filip Lindvall, Fredrik Hjelm, Keith Richman
• Number of employees: 251-500
• Funding amount: $355,900,000
• Number of funding rounds: 7
• Number of investors: 25

You can find their website here.

60) BlaBlaCar

BlaBlaCar is a long-distance carpooling website that links drivers with empty seats and passengers to split the expense of travel.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2006
• Founders: Francis Nappez, Frédéric Mazzella, Nicolas Brusson
• Number of employees: 251-500
• Funding amount: $563,534,130
• Number of funding rounds: 7
• Number of investors: 15

You can find their website here.

61) Rivigo

Rivigo is a transportation service company with a technology-enabled logistics platform.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2014
• Founders: Deepak Garg, Gazal Kalra
• Number of employees: 1001-5000
• Funding amount: $268,701,257
• Number of funding rounds: 11
• Number of investors: 6

You can find their website here.

62) GlobalTranz

GlobalTranz is a logistics management company that focuses on carrier, supply chain, and warehouse operations.

Details of the startup:

• Country: United States
• City: Scottsdale
• Started in: 2003
• Founders: Andrew Leto
• Number of employees: 501-1000
• Funding amount: $53,000,000
• Number of funding rounds: 4
• Number of investors: 4

You can find their website here.

63) BusUp

Global Commuter Shuttle Service Provider with a Ground-Breaking Solution that Enables Shared and Flexible Commuter Shuttle Programs

Details of the startup:

• Country: Spain
• City: Barcelona
• Started in: 2016
• Founders: Alex Canals, Danilo Tamelini, Eva Romagosa, Rui Stoffel Fernandes
• Number of employees: 51-100
• Funding amount: $9,123,881
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

64) Rad Power Bikes

We’re designing a world where transportation is energy-efficient, pleasurable, and accessible to everyone at Rad Power Bikes.

Details of the startup:

• Country: United States
• City: Seattle
• Started in: 2007
• Founders: Mike Radenbaugh, Tyler Collins
• Number of employees: 501-1000
• Funding amount: $175,320,365
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

65) EasyMile

EasyMile is a high-tech startup that specializes in both autonomous car software and smart mobility solutions.

Details of the startup:

• Country: France
• City: Toulouse
• Started in: 2014
• Founders: Gilbert Gagnaire, Philippe Ligier
• Number of employees: 101-250
• Funding amount: € 77,118,623
• Number of funding rounds: 4
• Number of investors: 7

You can find their website here.

66) Ninja Van

Ninja Van is a tech-enabled express delivery company that works with companies all around Southeast Asia.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2014
• Founders: Boxian Tan, Chang Wen Lai, Shaun Chong
• Number of employees: 501-1000
• Funding amount: $396,500,000
• Number of funding rounds: 5
• Number of investors: 12

You can find their website here.

67) Bipi

Bipi is an automobile subscription service that offers customers a hassle-free alternative to owning a car.

Details of the startup:

• Country: Spain
• City: Madrid
• Started in: 2017
• Founders: Alejandro Vigaray, Hans Christ
• Number of employees: 51-100
• Funding amount: € 31,500,000
• Number of funding rounds: 4
• Number of investors: 11

You can find their website here.

68) Virgin Hyperloop

Virgin Hyperloop is a transportation technology company that aims to provide rapid, direct, and sustainable transportation on a large scale.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2014
• Founders: Brogan BamBrogan, Josh Giegel, Shervin Pishevar
• Number of employees: 251-500
• Funding amount: $368,426,737
• Number of funding rounds: 9
• Number of investors: 34

You can find their website here.

69) Shuttl

Shuttl is an app-based shuttle service that makes everyone’s everyday commute safer, more reliable, and more economical.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2015
• Founders: Amit Singh, Deepanshu Malviya
• Number of employees: 251-500
• Funding amount: $122,313,023
• Number of funding rounds: 13
• Number of investors: 22

You can find their website here.

70) 24M Technologies

Energy storage solutions for grid and transportation applications are developed by 24M Technologies.

Details of the startup:

• Country: United States
• City: Cambridge-US
• Started in: 2010
• Founders: Throop Wilder, Yet-Ming Chiang
• Number of employees: 11-50
• Funding amount: $94,632,000
• Number of funding rounds: 3
• Number of investors: 8

You can find their website here.

71) Rimac Automobili

Rimac Automobili is a hypercar and electric vehicle component company.

Details of the startup:

• Country: Croatia
• City: Sveta Nedelja
• Started in: 2011
• Founders: Mate Rimac
• Number of employees: 501-1000
• Funding amount: $208,861,013
• Number of funding rounds: 6
• Number of investors: 5

You can find their website here.

72) LetsTransport

Lets Transport is a logistics company that offers a variety of services.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2015
• Founders: Ankit Parasher, Pushkar Singh, Sudarshan Ravi
• Number of employees: 11-50
• Funding amount: $24,628,092
• Number of funding rounds: 8
• Number of investors: 12

You can find their website here.

73) Vulog

Vulog creates technology that powers the world’s most successful shared mobility enterprises.

Details of the startup:

• Country: France
• City: Nice
• Started in: 2006
• Founders: David Emsellem, Georges GALLAIS
• Number of employees: 51-100
• Funding amount: € 53,100,000
• Number of funding rounds: 4
• Number of investors: 7

You can find their website here.

74) MedHaul

MedHaul is a transportation company that caters to patients with particular requirements.

Details of the startup:

• Country: United States
• City: Memphis
• Started in: 2017
• Founders: Erica Plybeah
• Number of employees: 1-10
• Funding amount: $850,000
• Number of funding rounds: 8
• Number of investors: 5

You can find their website here.

75) Locomation

Locomation creates safe and dependable self-driving transport solutions.

Details of the startup:

• Country: United States
• City: Pittsburgh
• Started in: 2016
• Founders: Alonzo Kelly, Cetin Mericli, Michael George, Tekin Mericli, Venkat Rajagopalan
• Number of employees: 1-10
• Funding amount: $11,480,847
• Number of funding rounds: 6
• Number of investors: 16

You can find their website here.

76) Cartwheel

Cartwheel is the most popular on-demand delivery management software for restaurants and other businesses.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2020
• Founders: Alex Vasilkin, Dan Zamylin, Magdim Metshin
• Number of employees: 11-50
• Funding amount: $1,000,000
• Number of funding rounds: 1
• Number of investors: 3

You can find their website here.

77) Replica

Replica is a data platform for businesses that provides essential insights into the built environment.

Details of the startup:

• Country: United States
• City: Overland Park
• Started in: 2019
• Founders: Alexei Pozdnukhov, Brett Naul, Jacob Hayes, Kael Greco III, Nick Bowden
• Number of employees: 51-100
• Funding amount: $52,000,000
• Number of funding rounds: 3
• Number of investors: 8

You can find their website here.

78) Grab

Grab is a mobile app that offers transportation, logistics, and banking services.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2012
• Founders: Anthony Tan, Tan Hooi Ling
• Number of employees: 10001+
• Funding amount: $12,147,750,000
• Number of funding rounds: 33
• Number of investors: 54

You can find their website here.

79) Gogoro

Gogoro intends to develop consumer technologies that will enhance how energy is distributed and used in the world’s most populated cities.

Details of the startup:

• Country: Taiwan
• City: Taipei
• Started in: 2011
• Founders: Horace Luke, Matt Taylor
• Number of employees: 501-1000
• Funding amount: $480,000,000
• Number of funding rounds: 4
• Number of investors: 9

You can find their website here.

80) OnTruck

OnTruck provides regional merchandise transportation services to businesses using a real-time, transparent pricing system.

Details of the startup:

• Country: Spain
• City: Madrid
• Started in: 2016
• Founders: Antonio Lu, Gonzalo Parejo Navajas, Inigo Juantegui, Javier Escribano, Rika Christanto, Samuel Fuentes
• Number of employees: 101-250
• Funding amount: $60,533,977
• Number of funding rounds: 5
• Number of investors: 14

You can find their website here.

81) Xos Trucks

Xos Trucks is a company that specializes in the production of totally electric commercial trucks.

Details of the startup:

• Country: United States
• City: North Hollywood
• Started in: 2016
• Founders: Dakota Semler, Giordano Sordoni
• Number of employees: 101-250
• Funding amount: $20,000,000
• Number of funding rounds: 2
• Number of investors: 3

You can find their website here.

82) Infinite Composites

Advanced gas storage systems for aircraft, industrial gas, and transportation applications are designed, developed, and manufactured by ICT.

Details of the startup:

• Country: United States
• City: Tulsa
• Started in: 2010
• Founders: Matt Villarreal, Michael Tate
• Number of employees: 11-50
• Funding amount: $5,435,205
• Number of funding rounds: 14
• Number of investors: 14

You can find their website here.

83) The Freightos Group

Freightos eliminates friction in global trade by integrating the world’s largest online freight marketplace with cutting-edge freight digitization capabilities.

Details of the startup:

• Country: United States
• City: Miami Beach
• Started in: 2012
• Founders: Zvi Schreiber
• Number of employees: 101-250
• Funding amount: $92,700,000
• Number of funding rounds: 6
• Number of investors: 12

You can find their website here.

84) Skurt

Skurt is a technology and logistics platform that makes it simple to get an automobile in any location.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2014
• Founders: Aaron Peck, Avi Zolty, Harry Hurst, Josh Mangel
• Number of employees: 11-50
• Funding amount: $11,300,000
• Number of funding rounds: 3
• Number of investors: 14

You can find their website here.

85) Shippeo

Shippeo is a supply chain visibility technology that gives shippers real-time access to delivery forecasting data.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2014
• Founders: Brice Hua, David Barre, Frederic Jouenne, Jean-Bastien Dussart, Jerome Burtin, Lucien Besse, Pierre Khoury, Thibaut Morlot
• Number of employees: 101-250
• Funding amount: $67,891,575
• Number of funding rounds: 6
• Number of investors: 11

You can find their website here.

86) CargoX

CargoX is a digital freight broker that offers innovative and effective solutions to shipping enterprises.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2013
• Founders: Dmytro Kromakov, Federico Vega, Liana Mayumi Ohno Suzaki
• Number of employees: 501-1000
• Funding amount: $190,074,076
• Number of funding rounds: 8
• Number of investors: 15

You can find their website here.

87) Lytx

Lytx, Inc. is a company that creates video-based driver safety and fleet management software.

Details of the startup:

• Country: United States
• City: San Diego
• Started in: 1998
• Founders: Gary Rayner
• Number of employees: 251-500
• Funding amount: $769,000,000
• Number of funding rounds: 9
• Number of investors: 13

You can find their website here.

88) Linear Labs

Systems for Smart Electric Motors in Electric Vehicles, HVAC, and Robotics

Details of the startup:

• Country: United States
• City: Fort Worth
• Started in: 2014
• Founders: Brad Hunstable, Fred Hunstable
• Number of employees: 11-50
• Funding amount: $82,400,000
• Number of funding rounds: 7
• Number of investors: 13

You can find their website here.

89) Freight Tiger

Freight Transactions that are simple, efficient, and transparent.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2014
• Founders: Swapnil Shah
• Number of employees: 11-50
• Funding amount: ₹550,000,000
• Number of funding rounds: 1
• Number of investors: 3

You can find their website here.

90) Kargo Technologies

Kargo Technologies connects shippers and drivers with a full-stack logistics platform.

Details of the startup:

• Country: Indonesia
• City: Jakarta
• Started in: 2018
• Founders: Tiger Fang, Yodi Aditya
• Number of employees: 101-250
• Funding amount: $38,600,000
• Number of funding rounds: 3
• Number of investors: 17

You can find their website here.

91) Oye Rickshaw

Oye Rickshaw is an electric vehicle energy solutions startup that uses a booking app to link customers with public transportation.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2017
• Founders: Akash Deep, Mohit Sharma
• Number of employees: 251-500
• Funding amount: $13,275,120
• Number of funding rounds: 3
• Number of investors: 10

You can find their website here.

92) Beam

Beam is a micromobility firm that rents out electric scooters.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2018
• Founders: Alan Jiang, Deb Gangopadhyay
• Number of employees: 101-250
• Funding amount: $33,400,000
• Number of funding rounds: 5
• Number of investors: 25

You can find their website here.

93) Wheels

Wheels is a public shared electric mobility platform that offers transportation to the general public.

Details of the startup:

• Country: United States
• City: Los Angeles
• Started in: 2018
• Founders: Chris Stavlas, Jonathan Viner, Joshua Viner
• Number of employees: 11-50
• Funding amount: $96,297,422
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

94) SUPER73

SUPER73 is a lifestyle adventure brand based in the United States that combines motorcycling tradition with youth culture.

Details of the startup:

• Country: United States
• City: Irvine
• Started in: 2016
• Founders: Aaron P. Wong, Alix Armour, LeGrand Crewse, Michael Cannavo
• Number of employees: 51-100
• Funding amount: $29,490,000
• Number of funding rounds: 4
• Number of investors: 2

You can find their website here.

95) Wrench

Wrench is an auto repair service provider with an online fleet management and maintenance platform.

Details of the startup:

• Country: United States
• City: Seattle
• Started in: 2015
• Founders: Bill Beaver, Casey Willis, Doug Stevens, Ed Petersen, Michelle Virta
• Number of employees: 1-10
• Funding amount: $38,224,999
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

96) Yulu

Yulu is a micro-mobility platform in India that uses shared electric two-wheelers to alleviate traffic congestion and pollution.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2017
• Founders: Amit Gupta, Hemant Gupta, Naveen Dachuri, RK Misra
• Number of employees: 101-250
• Funding amount: $19,900,000
• Number of funding rounds: 4
• Number of investors: 7

You can find their website here.

97) PiggyRide

PiggyRide is an online class, event, and course provider. Music, dance, activity, and summer camp are all available.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2019
• Founders: Manish Tewari, Rohan Kaushal
• Number of employees: 11-50
• Funding amount: ₹110,000,000
• Number of funding rounds: 2
• Number of investors: 8

You can find their website here.

98) Blacklane

Blacklane is a global chauffeur service that provides safe, environmentally friendly, and stress-free transportation.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2011
• Founders: Frank Steuer, Jens Wohltorf
• Number of employees: 251-500
• Funding amount: $102,967,714
• Number of funding rounds: 9
• Number of investors: 11

You can find their website here.

99) Miovision Technologies

Miovision Technologies is a Canadian firm that employs computer vision and artificial intelligence to help cities control traffic.

Details of the startup:

• Country: Canada
• City: Kitchener
• Started in: 2005
• Founders: Tony Brijpaul
• Number of employees: 101-250
• Funding amount: $137,652,024
• Number of funding rounds: 8
• Number of investors: 18

You can find their website here.

100) Socar

Socar is a green car sharing community in Korea that allows visitors to share rides with others on the same route.

Details of the startup:

• Country: South Korea
• City: Busan
• Started in: 2012
• Founders: Jimahn Kim
• Number of employees: 101-250
• Funding amount: ₩294,000,000,000
• Number of funding rounds: 7
• Number of investors: 13

You can find their website here.

101) GoGoX

GoGoX is an app-based platform that provides delivery services to many Asian nations.

Details of the startup:

• Country: Hong Kong
• City: Hong Kong
• Started in: 2013
• Founders: Nick Tang, Reeve Kwan, Steven Lam
• Number of employees: 251-500
• Funding amount: $276,541,250
• Number of funding rounds: 6
• Number of investors: 13

You can find their website here.

102) Liftit

Liftit is Latin America’s premier technology platform for automating and executing last-mile truck deliveries.

Details of the startup:

• Country: Colombia
• City: Bogotá
• Started in: 2017
• Founders: Angel Celis Botto, Brian York, Felipe Betancourt Celis
• Number of employees: 251-500
• Funding amount: $39,000,000
• Number of funding rounds: 3
• Number of investors: 27

You can find their website here.

103) Drivezy

Drivezy is India’s largest vehicle sharing network, allowing consumers to turn their automobiles into family members who earn money.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2015
• Founders: Abhishek Mahajan, Amit Sahu, Ashwarya Singh, Hemant Kumar Sah, Vasant Verma
• Number of employees: 101-250
• Funding amount: $149,322,624
• Number of funding rounds: 11
• Number of investors: 26

You can find their website here.

104) Sono Motors

Sono Motors is a company that provides transportation and energy services all over the world.

Details of the startup:

• Country: Germany
• City: Munich
• Started in: 2016
• Founders: Jona Christians, Laurin Hahn, Navina Pernsteiner
• Number of employees: 101-250
• Funding amount: $126,588,253
• Number of funding rounds: 6
• Number of investors: 7

You can find their website here.

105) D-Orbit

D-Orbit is the first company to provide solutions for moving, precisely deploying, and deleting satellites in space.

Details of the startup:

• Country: Italy
• City: Milan
• Started in: 2011
• Founders: Giuseppe Tussiwand, Luca Rossettini, Renato Panesi, Thomas Panozzo
• Number of employees: 11-50
• Funding amount: € 21,280,000
• Number of funding rounds: 9
• Number of investors: 13

You can find their website here.

106) TruKKer

TruKKer is a technology-enabled truck aggregator in the Arab Peninsula that operates a variety of vehicle types for a variety of end markets.

Details of the startup:

• Country: United Arab Emirates
• City: Abu Dhabi
• Started in: 2015
• Founders: Amit Agarwal, Gaurav Biswas, Haseebullah Soomro, Pradeep M Pradeep, Pradeep Mallavarapu, Rajai Nammari, Wissam Al Akl
• Number of employees: 101-250
• Funding amount: $44,350,000
• Number of funding rounds: 7
• Number of investors: 15

You can find their website here.

107) ofo

Ofo is a bike-sharing platform that operates entirely online and through a mobile app.

Details of the startup:

• Country: China
• City: Haidian
• Started in: 2014
• Founders: Wei Dai, Xue Ding, Yang Pinjie, Yu Xin, Zhang Siding, Zhang Yanqi
• Number of employees: 1001-5000
• Funding amount: $2,151,231,992
• Number of funding rounds: 9
• Number of investors: 23

You can find their website here.

108) Heetch

Heetch is a ride-sharing app that caters to late-night commuters by providing an alternative to taxis.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2013
• Founders: Aylic Petit, Mathieu Jacob, Teddy Pellerin
• Number of employees: 101-250
• Funding amount: $75,250,000
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

109) DUCKT

Duckt is a solution for micromobility infrastructure. For better operations, a better experience for people, and a better city, we dock, lock, and charge.

Details of the startup:

• Country: Estonia
• City: Tallinn
• Started in: 2019
• Founders: Cagri Selcuklu, Evren Yazıcı, Goksen Atalay
• Number of employees: 1-10
• Funding amount: € 800,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

110) GO Sharing

GO Sharing is an electric mobility firm that uses a smartphone app to help people find e-scooters.

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2019
• Founders: Doeke Boersma, Donny van den Oever, Raymon Pouwels
• Number of employees: 51-100
• Funding amount: $72,072,254
• Number of funding rounds: 2
• Number of investors: 5

You can find their website here.

111) hugo

Hugo is a SuperApp that offers a wide range of services, such as food delivery, transportation, e-commerce, and payments.

Details of the startup:

• Country: El Salvador
• City: San Salvador
• Started in: 2016
• Founders: Alejandro Argumedo
• Number of employees: 251-500
• Funding amount: $13,650,000
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

112) Ninebot

Ninebot specializes on personal transportation and autopilot.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2012
• Founders: Lufeng Gao, Ye Wang
• Number of employees: 251-500
• Funding amount: $247,000,000
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

113) GoBolt

Logistics technology located in Delhi.

Details of the startup:

• Country: India
• City: New Delhi
• Started in: 2015
• Founders: Naitik Baghla, Parag Aggarwal, Sumit Sharma
• Number of employees: 11-50
• Funding amount: $6,340,416
• Number of funding rounds: 3
• Number of investors: 3

You can find their website here.

114) Hello TransTech

Hello TransTech (previously HelloBike) is a Chinese company that creates smart-sharing bikes for short-distance travelers.

Details of the startup:

• Country: China
• City: Shanghai
• Started in: 2016
• Founders: Han Mei, Jiang Wei, Li Kaizhu, Yang Lei
• Number of employees: 1001-5000
• Funding amount: $1,754,944,610
• Number of funding rounds: 7
• Number of investors: 7

You can find their website here.

115) Lithium Urban Technologies

Electric mobility as a service is provided by Lithium Urban Technologies. Outside of China, the largest EV fleet operator.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2014
• Founders: Sanjay Krishnan
• Number of employees: 251-500
• Funding amount: $8,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

116) Stellar Value Chain Solutions

Stellar Value Chain Solutions is a firm dedicated to adding value to its customers along the full value chain.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2016
• Founders: Anshuman Singh
• Number of employees: 1001-5000
• Funding amount: $125,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

117) Trafi

Trafi is a mobility-as-a-service platform that helps communities and businesses achieve their objectives by providing shared transportation solutions.

Details of the startup:

• Country: Lithuania
• City: Vilnius
• Started in: 2013
• Founders: Algimantas Krasauskas, Dr. Jurgis Pasukonis, Mantas Vizbaras, Martynas Gudonavicius
• Number of employees: 51-100
• Funding amount: $14,000,000
• Number of funding rounds: 4
• Number of investors: 7

You can find their website here.

118) felyx

As a novel urban mobility idea, felyx offers shared electric scooters (mopeds).

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2016
• Founders: Maarten Poot, Quinten Selhorst
• Number of employees: 101-250
• Funding amount: € 28,100,000
• Number of funding rounds: 5
• Number of investors: 4

You can find their website here.

119) Ritase

Trucking logistics digital platform with SaaS and marketplace

Details of the startup:

• Country: Indonesia
• City: Jakarta
• Started in: 2017
• Founders: David Samuel, Iman Kusnadi
• Number of employees: 101-250
• Funding amount: $13,125,000
• Number of funding rounds: 3
• Number of investors: 9

You can find their website here.

120) InstaFreight

InstaFreight is an online B2B freight forwarding company that enables freight transportation to be processed quickly and easily.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2016
• Founders: Markus Doetsch, Maximilian Schaefer, Philipp Ortwein
• Number of employees: 101-250
• Funding amount: € 31,000,000
• Number of funding rounds: 4
• Number of investors: 3

You can find their website here.

121) Unu motors

Unu is a battery-powered, smart electric scooter that allows people to commute in an urban area.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2013
• Founders: Elias Atahi, Mathieu Caudal, Pascal Leonard Blum
• Number of employees: 101-250
• Funding amount: $43,282,884
• Number of funding rounds: 7
• Number of investors: 8

You can find their website here.

122) eBikeGo

eBikeGo is a one-of-a-kind revolutionary enterprise that provides environmentally friendly transportation via eBikeGo rental and delivery.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2019
• Founders: Hari Kiran P, Irfan Khan, Kedar Soman
• Number of employees: 51-100
• Funding amount: $2,200,000
• Number of funding rounds: 3
• Number of investors: 10

You can find their website here.

123) Grin Scooters

Grin Scooters is a Latin American micromobility firm that combined with Yellow to form Grow Mobility.

Details of the startup:

• Country: Mexico
• City: Mexico City
• Started in: 2018
• Founders: Bryan Zambrano, Guilherme Freire, Jonathan Lewy, Karime German, Luis Isaac Ramirez, Sergio Romo
• Number of employees: 101-250
• Funding amount: $72,652,616
• Number of funding rounds: 5
• Number of investors: 18

You can find their website here.

124) FleetOps

FleetOps is a freight marketplace that automates the assignment of loads to truck drivers who are capable of delivering them.

Details of the startup:

• Country: Canada
• City: Toronto
• Started in: 2015
• Founders: Chris Atkinson, Luke Sequeira
• Number of employees: 11-50
• Funding amount: $7,430,171
• Number of funding rounds: 9
• Number of investors: 16

You can find their website here.

125) SkedGo

Enterprises, governments, and startups can benefit from trip planning and MaaS technology. TripGo app WLs and the leading API for mixed/multimodal transportation services

Details of the startup:

• Country: Australia
• City: Sydney
• Started in: 2009
• Founders: Adrian Schönig, Claus von Hessberg, Dr Tim Cooper, John Nuutinen
• Number of employees: 11-50
• Funding amount: A$4,753,400
• Number of funding rounds: 5
• Number of investors: 3

You can find their website here.

126) Cityscoot

Through an app, Cityscoot provides full access to electric scooters in Paris, Nice, Milan, and Rome.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2014
• Founders: Bertrand Fleurose
• Number of employees: 251-500
• Funding amount: € 78,600,000
• Number of funding rounds: 5
• Number of investors: 10

You can find their website here.

127) Wind Mobility

Wind Mobility is a micro-mobility startup that specializes in providing last-mile transportation.

Details of the startup:

• Country: Spain
• City: Barcelona
• Started in: 2017
• Founders: Eric Wang
• Number of employees: 101-250
• Funding amount: $72,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

128) Blowhorn

Moving products from 1g to 1Ton is India’s premier asset light logistics startup.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2014
• Founders: Michael Strong, Mithun Srivatsa, Nikhil Shivaprasad
• Number of employees: 101-250
• Funding amount: $8,750,000
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

129) Knave

For BtoB companies who want to add a rental service to their existing business, Knave offers a turnkey Mass Market solution.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2019
• Founders: Edouard Vaujour, Jérôme Beillevaire
• Number of employees: 1-10
• Funding amount: € 10,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

130) Flash

Flash is a leading European logistics company at your disposal.

Details of the startup:

• Country: Luxembourg
• City: Luxembourg
• Started in: 1981
• Funding amount: € 32,000,000
• Number of funding rounds: 2
• Number of investors: 3

You can find their website here.

131) Inceptio Technology

Inceptio Technology is a firm that creates self-driving trucks and logistics networks.

Details of the startup:

• Country: China
• City: Shangai
• Started in: 2018
• Founders: Julian Ma
• Number of employees: 101-250
• Funding amount: $220,000,000
• Number of funding rounds: 2
• Number of investors: 4

You can find their website here.

132) Mafengwo

Mafengwo is a Chinese social media platform that allows users to share their travel experiences with others.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2010
• Founders: Gang Chen, Gang Lv
• Number of employees: 501-1000
• Funding amount: $503,000,000
• Number of funding rounds: 5
• Number of investors: 12

You can find their website here.

133) TradeGecko

TradeGecko is a platform for modern wholesalers to manage their inventory and orders.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2012
• Founders: Bradley Priest, Cameron Priest, Carl Thompson
• Number of employees: 101-250
• Funding amount: $17,710,000
• Number of funding rounds: 5
• Number of investors: 9

You can find their website here.

134) Nowports

Nowports is a digital freight forwarder that assists businesses in streamlining their import processes.

Details of the startup:

• Country: Mexico
• City: Monterrey
• Started in: 2018
• Founders: Alfonso De los Rios, Maximiliano Casal
• Number of employees: 101-250
• Funding amount: $8,600,000
• Number of funding rounds: 2
• Number of investors: 9

You can find their website here.

135) Railofy

Railofy is a WL & RAC protection that allows travelers on a waiting list to go to their destination for the least amount of money.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2019
• Founders: Hrishabh Sanghvi, Rohan Dedhia
• Number of employees: 11-50
• Funding amount: ₹110,000,000
• Number of funding rounds: 2
• Number of investors: 4

You can find their website here.

136) Bizzy

In Indonesia, Bizzy is a comprehensive B2B Supply Chain Platform for Logistics and Distribution.

Details of the startup:

• Country: Indonesia
• City: Jakarta
• Started in: 2015
• Founders: Hermawan Sutanto, Peter Goldsworthy
• Number of employees: 11-50
• Funding amount: $10,500,000
• Number of funding rounds: 3
• Number of investors: 4

You can find their website here.

137) MoveInSync

MoveInSync is a company that organizes transportation in India. The business has established a transportation management system.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2009
• Founders: Akash Maheshwari, Anuvrata Arora, Deepesh Agarwal
• Number of employees: 51-100
• Funding amount: $12,000,000
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

138) Scania

Scania is a Swedish truck and bus manufacturer, as well as an industrial and marine engine company.

Details of the startup:

• Country: Sweden
• City: Södertälje
• Started in: 1891
• Founders: Gustaf Erikson
• Number of employees: 10001+
• Funding amount: € 10,000,000
• Number of funding rounds: 1

You can find their website here.

139) Cityflo

Cityflo is an urban transportation app that links daily commuters with pleasant and affordable buses.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2015
• Founders: Advaith Vishwanath, Ankit Agrawal, Jerin Venad, Rushabh Shah, Sankalp Kelshikar, Subhash Sundaravadivelu
• Number of employees: 11-50
• Funding amount: $8,450,000
• Number of funding rounds: 3
• Number of investors: 4

You can find their website here.

140) Huochebang

Huochebang is an on-demand platform in China’s huge trucking business that connects trucks with customers.

Details of the startup:

• Country: China
• City: Guizhou
• Started in: 2008
• Founders: Dai Wenjian
• Number of employees: 11-50
• Funding amount: $327,000,000
• Number of funding rounds: 5
• Number of investors: 8

You can find their website here.

141) Etergo

Etergo is a cutting-edge electric mobility startup.

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2014
• Founders: Bart Jacobsz Rosier, Marijn Flipse
• Number of employees: 101-250
• Funding amount: € 20,265,567
• Number of funding rounds: 7
• Number of investors: 2

You can find their website here.

142) Yellow

Yellow is an online micromobility platform that allows users to rent bikes and e-scooters.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2017
• Founders: Ariel Lambrecht, Eduardo Musa, Renato Freitas
• Number of employees: 501-1000
• Funding amount: $125,300,000
• Number of funding rounds: 4
• Number of investors: 7

You can find their website here.

143) Nevomo

Nevomo is the world’s only company capable of gradually implementing hyperloop-inspired ideas as a railway improvement.

Details of the startup:

• Country: Poland
• City: Warszawa
• Started in: 2017
• Founders: Katarzyna Foljanty, Paweł Radziszewski, Przemek Paczek, Łukasz Mielczarek
• Number of employees: 11-50
• Funding amount: € 5,956,513
• Number of funding rounds: 7
• Number of investors: 2

You can find their website here.

144) Car Next Door

Car Next Door is an online marketplace that offers a booking system as well as a variety of in-vehicle technologies to make car-sharing more secure and convenient.

Details of the startup:

• Country: Australia
• City: Pyrmont
• Started in: 2012
• Founders: Chloe Iliffe, David Trumbull, Will Davies
• Number of employees: 101-250
• Funding amount: $17,339,458
• Number of funding rounds: 9
• Number of investors: 10

You can find their website here.

145) ONN Bikes

We’re a micromobility platform that makes first- and last-mile transit easier.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2015
• Founders: Namit Jain, Shanky Munoth
• Number of employees: 101-250
• Funding amount: $791,935
• Number of funding rounds: 3
• Number of investors: 9

You can find their website here.

146) Shanghai ANE Logistics

Shanghai ANE Logistics is a Chinese franchise-based less-than-truckload (LTL) operator.

Details of the startup:

• Country: China
• City: Shangzhou
• Started in: 2010
• Number of employees: 10001+
• Funding amount: $970,000,000
• Number of funding rounds: 7
• Number of investors: 13

You can find their website here.

147) SnappCar

SnappCar is a car-sharing marketplace that offers dependable and easy-to-use vehicles.

Details of the startup:

• Country: The Netherlands
• City: Utrecht
• Started in: 2011
• Founders: Pascal Ontijd, Victor van Tol
• Number of employees: 11-50
• Funding amount: € 24,190,000
• Number of funding rounds: 11
• Number of investors: 6

You can find their website here.

148) Ubco

Utility Electric Vehicles (UEVs) and Portable Power Supplies are designed, developed, and distributed by Ubco, a New Zealand-based technology business.

Details of the startup:

• Country: New Zealand
• City: Otumoetai
• Started in: 2015
• Founders: Anthony Clyde, Daryl Neal, Timothy Allan
• Number of employees: 11-50
• Funding amount: NZ$10,450,000
• Number of funding rounds: 4
• Number of investors: 1

You can find their website here.

149) LEAP India

India Private Limited was founded by a group of experts with diverse backgrounds.

Details of the startup:

• Country: India
• City: Kandivli
• Started in: 2013
• Founders: Sunu Mathew
• Number of employees: 101-250
• Funding amount: $79,714,731
• Number of funding rounds: 6
• Number of investors: 10

You can find their website here.

150) FretLink

Fretlink links chargers to Europe’s largest regional carrier network.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2015
• Founders: Antoine Le Squeren, Paul Guillemin
• Number of employees: 101-250
• Funding amount: $34,361,234
• Number of funding rounds: 3
• Number of investors: 11

You can find their website here.

151) Cleverciti

Cleverciti is a firm that transforms the everyday dread of looking for a parking spot into a predictable and stress-free experience.

Details of the startup:

• Country: Germany
• City: München
• Started in: 2012
• Founders: Konrad Prinz-Dreher, Thomas Hohenacker
• Number of employees: 11-50
• Funding amount: $28,300,000
• Number of funding rounds: 4
• Number of investors: 5

You can find their website here.

152) Shuttle

Shuttle is a firm that serves citizens in Bangladesh with safe and economical transportation.

Details of the startup:

• Country: Bangladesh
• City: Dhaka
• Started in: 2018
• Founders: Jawwad Jahangir, Reyasat Chowdhury
• Number of employees: 251-500
• Funding amount: $1,316,462
• Number of funding rounds: 4
• Number of investors: 4

You can find their website here.

153) Ezyhaul

Ezyhaul is a South Asian technology business focusing on revolutionizing the road freight market.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2016
• Founders: Mudasar Mohamed, Raymond Gillon
• Number of employees: 101-250
• Funding amount: $21,840,000
• Number of funding rounds: 3

You can find their website here.

154) Freightwalla

Freightwalla is an international forwarder that provides online solutions, such as rapid quotations, to assist you manage your supply chain.

Details of the startup:

• Country: India
• City: Mumbai
• Started in: 2015
• Founders: Bharat Thanvi, Punit Java, Sanjay Bhatia
• Number of employees: 11-50
• Funding amount: $4,000,000
• Number of funding rounds: 3
• Number of investors: 6

You can find their website here.

155) Immotor

Immotor is a company that creates and sells portable and personal transportation solutions.

Details of the startup:

• Country: China
• City: Shenzhen
• Started in: 2016
• Founders: Daniel Huang, Peter Jiang
• Number of employees: 101-250
• Funding amount: $64,322,549
• Number of funding rounds: 6
• Number of investors: 17

You can find their website here.

156) Aviasales

Aviasales.ru is a website that allows you to look for airline tickets online.

Details of the startup:

• Country: Thailand
• City: Phuket
• Started in: 2007
• Founders: Konstantin Kalinov
• Number of employees: 251-500
• Funding amount: $10,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

157) Zypp

Zypp is an e-scooter sharing and rental platform that helps businesses with last-mile mobility, delivery, and campus rentals.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2017
• Founders: Akash Gupta
• Number of employees: 51-100
• Funding amount: $2,500,000
• Number of funding rounds: 3
• Number of investors: 6

You can find their website here.

158) Dida Chuxing

Dida Chuxing is a taxi and carpooling service that specialized in Dida Chuxing.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2014
• Number of employees: 51-100
• Funding amount: $630,000,000
• Number of funding rounds: 5
• Number of investors: 9

You can find their website here.

159) Urbvan

Urbvan is a mobile app-based mass transit mobility network that connects inner-city commuters in a smart way.

Details of the startup:

• Country: Mexico
• City: Mexico City
• Started in: 2016
• Founders: Joao Matos Albino, Renato Picard
• Number of employees: 11-50
• Funding amount: $11,192,728
• Number of funding rounds: 5
• Number of investors: 9

You can find their website here.

160) Chazki

Chazki is in charge of urban logistics, your private delivery service, and express shipments for e-Commerce, businesses, and individuals.

Details of the startup:

• Country: Peru
• City: Lima
• Started in: 2015
• Founders: Gonzalo Begazo, Luis Miguel Frisancho
• Number of employees: 11-50
• Funding amount: $7,900,000
• Number of funding rounds: 3
• Number of investors: 3

You can find their website here.

161) GetHenry

GetHenry is a solution for last-mile delivery and courier service accessibility.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2018
• Founders: Luis Orsini-Rosenberg, Nikodemus Seilern
• Number of employees: 1-10
• Funding amount: $1,016,337
• Number of funding rounds: 5
• Number of investors: 3

You can find their website here.

162) Surve Mobility

Europe’s No. 1 for intelligent shared mobility operations is Surve Mobility.

Details of the startup:

• Country: Germany
• City: Berlin
• Started in: 2017
• Founders: Christian Lang, Paul Stuke, Philipp Anders
• Number of employees: 251-500
• Funding amount: € 5,000,000
• Number of funding rounds: 4
• Number of investors: 4

You can find their website here.

163) InstaMotion Retail

InstaMotion is an automotive startup that offers an online transaction platform for buying new and secondhand cars.

Details of the startup:

• Country: Germany
• City: Munich
• Started in: 2015
• Founders: Darius Ahrabian
• Number of employees: 11-50
• Funding amount: € 24,000,000
• Number of funding rounds: 1
• Number of investors: 4

You can find their website here.

164) SWAT Mobility

A tech business established in Singapore that specializes in demand-responsive shared transportation, making commuting easier for everyone.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2015
• Founders: Arthur Chua, Jarrold Ong, Nicholas Jachowski, Shijing SJ Lin
• Number of employees: 51-100
• Funding amount: $12,263,720
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

165) GetTransfer.com

GetTransfer.com offers the most affordable transfers and chauffeured car rentals.

Details of the startup:

• Country: Cyprus
• City: Larnaca
• Started in: 2014
• Founders: Alexander Pershikov, Alexander Sapov, Arie Kravtchin
• Number of employees: 101-250
• Funding amount: $8,950,000
• Number of funding rounds: 6
• Number of investors: 3

You can find their website here.

166) Blue Bird Group

Blue Bird Group is an Indonesian transportation firm that operates throughout the country.

Details of the startup:

• Country: Indonesia
• City: Jakarta
• Started in: 2001
• Number of employees: 5001-10000
• Funding amount: $30,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

167) LOGIVAN

LOGIVAN is a digital platform that assists businesses in rapidly and simply locating trucks.

Details of the startup:

• Country: Vietnam
• City: Hanoi
• Started in: 2017
• Founders: Linh Pham
• Number of employees: 1-10
• Funding amount: $7,850,000
• Number of funding rounds: 6
• Number of investors: 6

You can find their website here.

168) ADQ

ADQ is a holding corporation that owns a number of large businesses.

Details of the startup:

• Country: United Arab Emirates
• City: Abu Dhabi
• Started in: 2018

You can find their website here.

169) TheLorry.com

TheLorry.com is a website that allows you to reserve a lorry quickly and easily. In less than 30 seconds, you can get at least five quotes and hire a vehicle.

Details of the startup:

• Country: Malaysia
• City: Selangor
• Started in: 2014
• Founders: Nadhir Ashafiq
• Number of employees: 11-50
• Funding amount: $7,350,000
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

170) Hardt Hyperloop

Hardt creates a system for commuting long distances that is fully emission-free, safe, and accessible to all.

Details of the startup:

• Country: The Netherlands
• City: Delft
• Started in: 2016
• Founders: Marinus Van Der Meijs, Mars Geuze, Sascha Lamme, Tim Houter
• Number of employees: 11-50
• Funding amount: € 6,850,000
• Number of funding rounds: 4
• Number of investors: 10

You can find their website here.

171) Yolobus

Yolobus provides intercity bus and mobility services, ensuring that passengers have a pleasant and safe travel.

Details of the startup:

• Country: India
• City: Gurgaon
• Started in: 2019
• Founders: Danish Chopra, Mukul Shah, Shailesh Gupta
• Number of employees: 101-250
• Funding amount: $4,100,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

172) Mate.bike

Mate.bike designs and manufactures one-of-a-kind, enjoyable, and cheap electric bicycles to alleviate traffic congestion, climate change, and health concerns.

Details of the startup:

• Country: Denmark
• City: Copenhagen
• Started in: 2016
• Founders: Christian Adel Michael, Julie Kronstrøm Carton
• Number of employees: 11-50
• Funding amount: $26,606,978
• Number of funding rounds: 4
• Number of investors: 1

You can find their website here.

173) Polymath Ventures

Polymath Enterprises is a Digital Venture Group that creates and expands revolutionary technology ventures for Latin America’s middle class from the ground up.

Details of the startup:

• Country: Colombia
• City: Bogotá
• Started in: 2011
• Founders: Carlos Fernandez de la Pradilla, Wenyi Cai
• Number of employees: 11-50
• Funding amount: $9,425,000
• Number of funding rounds: 4

You can find their website here.

174) ComfortDelGro

ComfortDelGro is a land transportation company with roughly 46,600 buses, taxis, and rental cars in its fleet.

Details of the startup:

• Country: Singapore
• City: Singapore
• Started in: 2003
• Number of employees: 10001+
• Funding amount: $25,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

175) REVEL

We believe that owning a car can be convenient, cost-effective, and environmentally friendly.

Details of the startup:

• Country: Spain
• City: Madrid
• Started in: 2020
• Founders: Daniel Marcos, Enrique de Mateo Arduán
• Number of employees: 11-50
• Funding amount: € 500,000
• Number of funding rounds: 2

You can find their website here.

176) Bynd

Bynd creates a carpooling platform for individuals and businesses.

Details of the startup:

• Country: Brazil
• City: Sao Paulo
• Started in: 2014
• Founders: Abraão Barros, Gustavo Gracitelli, Leonardo Liborio
• Number of employees: 1-10
• Funding amount: R$1,185,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

177) e.GO Mobile

e.GO Mobile AG is a company that designs and manufactures electronic automobiles.

Details of the startup:

• Country: Germany
• City: Aachen
• Started in: 2015
• Founders: Günther Schuh
• Number of employees: 251-500
• Funding amount: € 30,000,000
• Number of funding rounds: 1
• Number of investors: 4

You can find their website here.

178) Everoad

The number one digital road freight forwarder in Europe.

Details of the startup:

• Country: France
• City: Paris
• Started in: 2016
• Founders: Maxime Legardez
• Number of employees: 51-100
• Funding amount: € 17,500,000
• Number of funding rounds: 2
• Number of investors: 10

You can find their website here.

179) Transmetrics

Transmetrics uses predictive analytics and artificial intelligence to optimize logistics planning and asset management.

Details of the startup:

• Country: Bulgaria
• City: Sofia
• Started in: 2013
• Founders: Alexander Petkov, Anna Shaposhnikova, Asparuh Koev, Rado Nikolov
• Number of employees: 11-50
• Funding amount: € 4,820,000
• Number of funding rounds: 9
• Number of investors: 2

You can find their website here.

180) Teld New Energy

Teld New Energy is a network operator for electric vehicle charging stations.

Details of the startup:

• Country: China
• City: Qingdao Shi
• Started in: 2014
• Founders: Yongguang Guo
• Number of employees: 251-500
• Funding amount: CN¥2,753,000,000
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

181) Caocao Chuxing

Caocao Chuxing is a vehicle-sharing firm based in China.

Details of the startup:

• Country: China
• City: Hangzhou
• Started in: 2015
• Founders: Jinliang Liu
• Number of employees: 501-1000
• Funding amount: CN¥1,000,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

182) YH Global

Transport distribution, international freight forwarding, and commerce logistics are all services provided by YH Global.

Details of the startup:

• Country: China
• City: Shenzhen
• Started in: 1997
• Founders: Zhang Quan
• Number of employees: 51-100
• Funding amount: $182,000,000
• Number of funding rounds: 1
• Number of investors: 5

You can find their website here.

183) Shouqi Limousine & Chauffeur

Shouqi Limousine & Chauffeur is a Chinese limo booking app and a subsidiary of the Shouqi Group, which is owned by the Chinese government.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2015
• Number of employees: 501-1000
• Funding amount: $229,903,440
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

184) Uhomes

When international students leave their home countries to study abroad, Uhomes ensures their safety and comfort.

Details of the startup:

• Country: China
• City: Tianjin
• Started in: 2015
• Founders: Yin Jiankun
• Number of employees: 51-100
• Funding amount: $24,375,753
• Number of funding rounds: 3
• Number of investors: 5

You can find their website here.

185) Zongteng Network

Zongteng Network is a provider of eCommerce cross-border shipping and fulfillment services.

Details of the startup:

• Country: China
• City: Shenzhen
• Started in: 2007
• Founders: Zuan WANG
• Number of employees: 1001-5000
• Funding amount: $175,531,179
• Number of funding rounds: 3
• Number of investors: 8

You can find their website here.

186) Mancando

Mancando is an automotive parts provider that provides auto repair shops with car worn components.

Details of the startup:

• Country: China
• City: Guangzhou
• Started in: 2015
• Number of employees: 101-250
• Funding amount: $114,302,119
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

187) Yihang.ai

Yihang.ai is a company that creates self-driving cars.

Details of the startup:

• Country: China
• City: Changchun
• Started in: 2015
• Founders: Yuxing Chen
• Number of employees: 1-10
• Funding amount: $47,152,006
• Number of funding rounds: 4
• Number of investors: 8

You can find their website here.

188) Dianwoda

Dianwoda is a firm that specializes in distribution and short-distance logistics.

Details of the startup:

• Country: China
• City: Hangzhou
• Started in: 2009
• Founders: Xinyu Xie
• Number of employees: 251-500
• Funding amount: $450,008,122
• Number of funding rounds: 5
• Number of investors: 6

You can find their website here.

189) Haoqipei

Haoqipei is a Chinese B2B marketplace for auto repair companies and suppliers of auto parts.

Details of the startup:

• Country: China
• City: Shanghai
• Started in: 2016
• Founders: Alex Chen
• Number of employees: 51-100
• Funding amount: $160,000,000
• Number of funding rounds: 5
• Number of investors: 9

You can find their website here.

FAQs

Is Transportation Business Profitable?

Yes, transportation businesses can be profitable. Many transportation companies make a profit by charging customers for their services. This can include charging for fuel, tolls, insurance, labor, and other related costs. 

Additionally, many transportation businesses also offer additional services such as warehousing, storage, and logistics, which can further increase their revenue stream and profitability.

What Is The Average Investment In Transportation?

The average investment in transportation startups is estimated to be between $1 million and $10 million. Depending on the structure of the investment, the amount could be much higher. Investors typically look for a company with a solid business model, a strong team, and a product or service that has a clear market fit.