United Bus Technology Inc.
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United Bus Technology Inc. - overview
Established
2015
Location
McLean, VA, US
Primary Industry
Telecoms
About
United Bus Technology Inc. focuses on delivering innovative ticketing solutions for transportation operators, facilitating efficient sales and enhanced passenger experiences through advanced technology. United Bus Technology Inc. provides integrated ticketing solutions tailored for transportation operators.
Founded in 2015 and headquartered in McLean, US, the company has completed one deal with DYNC Atlantic Investment leading a Series A round that raised USD 4. 00 mn on August 8, 2017. The funding has allowed UBT to continue refining its offerings and expand its market reach. The founder's specific background is not available at this time.
United Bus Technology (UBT) specializes in a comprehensive ticketing solution designed for transportation operators and passengers. Their core offerings include a robust Point-of-Sale (POS) system, ticket validation services, inventory control, and real-time reporting capabilities, which enhance operational efficiency and passenger experience through contactless payments and dynamic pricing models. UBT serves a diverse clientele including intercity bus operators, local commuter services, airport shuttles, and tour operations across North America and beyond. United Bus Technology operates on a subscription-based revenue model supplemented by transaction fees from ticket sales.
Clients access UBT's services through monthly subscriptions that include the ticketing platform and associated mobile applications. The monthly cost for maintaining their mobile applications is set at USD 100 per app, depending on client retention. UBT also provides native 4G LTE POS handheld devices and a variety of payment options, supporting efficient ticket sales and operational management for transportation operators. United Bus Technology plans to leverage the USD 4.
00 mn raised in the Series A funding to enhance its product offerings and expand into new geographic markets. The company aims to develop upcoming features for their ticketing solutions, although specific product launch dates have not been disclosed. Furthermore, UBT is targeting expansion into additional North American markets by 2025, focusing on increasing operational capabilities and customer outreach.
Current Investors
DYNC Atlantic Investment
Primary Industry
Telecoms
Sub Industries
Hardware, Software, Internet Service Providers
Website
www.unitedbustech.com
Company Stage
Series A
Total Amount Raised
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