Avego provides integrated software and hardware to improve passenger-transport efficiency. Its products combine GPS devices, mobile phones and Internet technologies, and include Shared Transport, a real-time ridesharing application, and Futurefleet™, an end-to-end, real-time management system for passenger transport operators. Customers include cities, governments and public transport operators in the United States, China and the UK, as well as thousands of individual consumers and private transport operators. Founded in 2007, Avego maintains offices in the United States (Washington, Silicon Valley and San Diego), Ireland (Kinsale and Dublin) and China (Dalian and Shenzhen). The company previously raised $4.5m in seed capital and has now completed a $5.6m Series A venture funding round. Avego intends to use the Series A proceeds to continue global expansion and product development.

Total raised

$6M

Funding rounds

2

Latest round

Series A

Latest activity

Jan 2011