Capstone Partners (IMAP USA) advised TripShot Inc.— a software platform revolutionizing commuter transportation through powerful fleet management tools—on its sale to Transit Technologies, a portfolio company of Greater Sum Ventures and PSG Equity.
TripShot, founded in Silicon Valley, has been at the forefront of the mobility revolution since 2008. The company’s journey from a startup to serving some of the most renowned Silicon Valley Fortune 500 clients and private-sector transportation fleets highlights their commitment to tackling complex mobility challenges. This acquisition will integrate an enhanced product set into Transit Technologies’ already impressive suite of AI-powered SaaS mobility solutions, enhancing both companies’ ability to serve, connect, and optimize both public and private transit networks for current and future clients.
The synergy between TripShot’s fleet solutions and Transit Technologies’ market-leading platforms for fixed route, demand response, safety and compliance, and non-emergency medical services will contribute significantly to the companies’ shared mission to meet the evolving demands of modern transportation.
Transit Technologies is a transportation software platform at the forefront of revolutionizing mobility, connecting communities, empowering individual journeys, and eliminating the transit equity gap. Since its inception, the company has been dedicated to blending powerful technology to optimize routes, ensure timely schedules, and empower riders, drivers, and fleet managers with safe and innovative mobility and transit operations solutions.