Event: 2020 Phocuswright Europe
Founded Year: 2017
HQ: Barcelona, Spain
Principal(s): Boyd Cohen, Ph.D., CEO; Josep Sanjuas, Ph.D., CTO; Victor Lopez, Ph.D., Director Software Engineering; Adrian Ulisse, CBO
Funding: >€1M from Techstars, Blockasset, Centrality and B4Motion
Product Description: Iomob is building technology to enable integrated mobility experiences. In a world of increasing fragmentation of mobility options, Iomob integrates all providers in a single, unified platform. Iomob's platform includes upstream and downstream API layers that enable and simplify the integration with mobility services. Our platform features proprietary routing engines that can build travel plans that combine options according to end-user preferences, and facilitates bookings and payments of selected mobility services. This technology is packaged as SDKs that B2B clients can leverage to integrate functionality in native apps (or other solutions). Iomob's platform is a global B2B plug-and-play Mobility as a Service open marketplace.
Business Model: Iomob generates revenue from:
1) Software license to enterprise transport and travel clients
2) Commissions from private mobility services transactions
3) Mobility Data Marketplace (being funded by EU H2020)
Competitors: Trafi, SkedGo, Kyyti Group
Competitive Edge: Iomob is the first open Mobility as a Service platform that facilitates interoperable, roaming mobility throughout Europe and beyond.
Market Opportunity: A growing number of organizations are interested in offering seamless access to mobility services for their customers and employees. Rail operators and transit authorities are key clients for Iomob, but the range of customers we have open conversations with include airlines, travel agencies, energy companies, insurance companies, OEMs and more. Estimates suggest that by 2030, the global market for Mobility as a Service (MaaS) will reach $9.4B.
Early Customers: Renfe (Spanish rail), London North Eastern Railway (LNER), Skanettrafiken (Swedish transit authority), Wellington (NZ)