Liftango receives private equity backing | Growth Capital | Maven
Summary
Additionally, Liftango’s carpool platform helps larger employers and academic institutions to internally match drivers and passengers in real-time to minimise their carbon footprint, reduce parking congestion and create a safe and convenient shared transport experience to and from offices or campuses. The funding enables Liftango to reinforce its position as one of only a small number of established global DRT providers, offering innovative solutions for both public and private sector organisations to create more efficient, cost-effective and environmentally friendly transport provisions. This investment will help the business take advantage of the commercial opportunities in the transport sector, by recruiting several key sales and marketing staff as it looks to scale its operations in Europe and across North America. We are seeing a notable shift towards DRT solutions as organisations across the world seek to address parking, congestion, zoning and environmental issues attributed to transport. Our technology platform helps cities and organisations provide more convenient and reliable passenger trips and reduce their spending on costly parking infrastructure.