The Routing Company
Founded by MIT researchers and rideshare industry veterans, TRC is a global on-demand vehicle routing and management platform that partners with cities to power the future of public transit. Leveraging proprietary and unrivaled artificial intelligence, TRC delivers routing from multiple points of demand to one vehicle while enabling greater transport equity, accessibility, cost efficiency, and sustainability. Its leading product, the Pingo™ app, offers on-demand or advance trip requests and can operate in on-demand, flex, fixed, or paratransit mode.
The Routing Company
Founded by MIT researchers and rideshare industry veterans, TRC is a global on-demand vehicle routing and management platform that partners with cities to power the future of public transit. Leveraging proprietary and unrivaled artificial intelligence, TRC delivers routing from multiple points of demand to one vehicle while enabling greater transport equity, accessibility, cost efficiency, and sustainability. Its leading product, the Pingo™ app, offers on-demand or advance trip requests and can operate in on-demand, flex, fixed, or paratransit mode.
TL;DR
Product: Pingo platform for on-demand, flex, fixed-route, shuttle, and paratransit operations
Founded by: Alex Wallar and Menno van der Zee
Employees: 36
Known funding: $20,000,000 total (Series A Mar 21, 2022)
Operational scale: Reports millions of trips across 50+ global deployments
Company Overview
Problem Domain
Public transit and on-demand shared mobility routing and operations
Industry
Transportation / Mobility Software
Funding Track Record
5000000.00
Company stated total capital then ~ $6.175M
15000000.00
Investor Signal
“Backers include climate- and deep-tech focused investors such as The Engine, Animal Capital, Galvanize Climate Solutions, and Systemiq Capital”