Company:TransitScreen

From HandWiki
TransitScreen, Inc.
Industry
  • Information Services
  • Transportation Demand Management
  • Mobility Information
  • Real Estate Technology
Founders
  • Matt Caywood
  • Ryan Croft
Headquarters
Websitetransitscreen.com
Short description: American software company

TransitScreen is an American technology company that offers software for digital displays, showing real-time transportation arrival data and other local information.[1] As of 2018, TransitScreen has displays in more than 1,000 buildings in 30 cities,[2] including Washington D.C., Boston, and Pittsburgh.[3]

TransitScreen is a SaaS platform, in which the property or business pays to access its software on a monthly, quarterly, or annual basis.

History

The company grew out of Arlington County's Mobility Lab,[4] which measures the impacts of transportation demand management services, in 2011. It incorporated in 2013 as Multimodal Logic, Inc.[5] In January 2015, the company closed its first round of seed funding of $600,000, which came from a number of investors, such as 1776 Ventures and Middle Bridge Partners.[6] In late 2015, an additional $800,000 of seed money was raised[7] In April 2018, a new round of funding was announced and was closed in May 2019 from Vancouver-based TIMIA Capital.[8][9] Shortly thereafter, the company announced that its product is available in South America and Western Europe.[10]

In August 2019, TransitScreen and New York-based commercial real estate digital media amenity company Captivate announced a partnership that will bring TransitScreen's real-time data to Captivate's network of multipurpose display screens.[11]

Products

TransitScreen's displays show real-time arrival information for trains, subways, buses, streetcars, and ferries. They also show real-time availability of local bicycle-sharing systems, carsharing, and vehicle for hire companies.[2] The displays are made to correspond to the specific address where the individual screen is located.[12]

In September 2017, TransitScreen released its MobilityScore rating, which uses historical data to determine how easy it is to get around a given location without a car.[13] It is similar to Walk Score, but measures the mobility and transit accessibility of an address rather than proximity to amenities.[14]

In November 2018, TransitScreen released its mobile application, CityMotion.[15] CityMotion is location-based and shows the user the real-time availability of mobility options nearby. Like TransitScreen, it is a B2B product and is not currently available for individual consumers.

References

  1. ↑ O'Connell, Jonathan (2014-08-13). "Start-up TransitScreen gets lift from D.C. real estate deal". Washington Post. ISSN 0190-8286. https://www.washingtonpost.com/news/digger/wp/2014/08/13/start-up-transitscreen-gets-lift-from-d-c-real-estate-deal/. 
  2. ↑ 2.0 2.1 "How To See All Transportation Options At Once". CityLab. https://www.citylab.com/transportation/2016/12/a-smarter-way-to-visualize-zillions-of-travel-options/511322/. 
  3. ↑ "TransitScreen provides real-time transportation information at City-County Building". Pittsburgh Post-Gazette. http://www.post-gazette.com/news/transportation/2017/06/29/TransitScreen-pittsburgh-city-County-Building-transit-monitor-Uber-Zipcar/stories/201706290184. 
  4. ↑ "Hack Day Resulting in Transit-Screen Excitement - Mobility Lab". Mobility Lab. 2012-11-14. https://mobilitylab.org/2012/11/14/hack-day-resulting-in-transit-screen-excitement/. 
  5. ↑ "Multimodal Logic LLC: Private Company Information - Bloomberg". https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=272336463. 
  6. ↑ "TransitScreen Raises $600,000 To Bring Bright, Shiny Screens To Bus Stops And Subways – TechCrunch". https://techcrunch.com/2015/03/12/transitscreen-raises-600000-to-bring-bright-shiny-screens-to-bus-stops-and-subways/. 
  7. ↑ ."How a D.C. tech darling impressed a real estate giant". http://www.bizjournals.com/washington/blog/techflash/2016/04/how-a-d-c-tech-darling-impressed-a-real-estate.html. 
  8. ↑ TransitScreen. "TransitScreen Closes $3M in Funding from Vancouver-Based TIMIA Capital" (in en). https://www.prnewswire.com/news-releases/transitscreen-closes-3m-in-funding-from-vancouver-based-timia-capital-300842566.html. 
  9. ↑ "TransitScreen is looking to raise millions in new round". https://www.bizjournals.com/washington/news/2018/04/03/transitscreen-is-looking-to-raise-millions-in-new.html. 
  10. ↑ staff, Michelai Graham / (2019-06-12). "TransitScreen is expanding its services to Europe" (in en). https://technical.ly/dc/2019/06/12/transitscreen-is-expanding-its-services-to-europe/. 
  11. ↑ staff, Michelai Graham / (2019-08-27). "TransitScreen is partnering with New York-based Captivate" (in en). https://technical.ly/dc/2019/08/27/transitscreen-is-partnering-with-new-york-based-captivate-public-transit-data/. 
  12. ↑ "Mobile Doorman Presents New App Technology". 12 February 2018. https://www.cpexecutive.com/post/mobile-doorman-presents-new-app-technology/. 
  13. ↑ "MobilityScore Tells You Exactly How Easy A Place Is To Get Around Without A Car". Fast Company. 2017-09-22. https://www.fastcompany.com/40471673/mobilityscore-tells-you-exactly-how-easy-a-place-is-to-get-around-without-a-car. 
  14. ↑ "Can you get by without a car? New tool will tell you based on your exact location". Curbed. https://www.curbed.com/2017/9/22/16349218/transit-screen-mobility-score-tool. 
  15. ↑ "TransitScreen is going mobile — but not for everyone". https://www.bizjournals.com/washington/news/2018/11/09/transitscreen-is-going-mobile-but-not-for-everyone.html. 




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