M&A Uber has acquired Routematch to expand its public transport services
Public transport operators worldwide are developing more efficient, accessible and fairer public transport networks. Innovative products and solutions are essential to meet the high demands of future mobility.
Uber has been partnering with public transportation agencies around the world since 2015 to build more efficient, accessible, and equitable public transportation networks for the millions who depend upon them. Their shared vision of making individual car ownership a thing of the past has inspired innovative products and first- and last-mile solutions in cities across the globe. And while they’ve made a lot of progress more is needed, especially during these current times of COVID-19.
Uber announced that they have acquired Routematch, an software provider serving more than 500 transit agency partners in urban, suburban, and rural communities around the world.
Combining powerful technology with service
Routematch has partnered with large and small transit agencies, starting locally in the U.S. and expanding globally. With some of the longest-tenured relationships in the industry, the company is a trusted partner to deliver accessible and inclusive technologies for riders of all abilities. The mission of Routematch is creating sustainable mobility ecosystems that leave no person behind.
The acquisition brings together Uber’s expertise in on-demand, global mobility technologies with Routematch’s proven capabilities across paratransit, payments, fixed-route tools, and trip planning services. Both companies strive to create new innovations that make it easier for agencies to offer their passengers the right transport solutions through an expanded suite of technologies.
Challenges for existing public transportation systems
Public transportation will always be a vital artery that connects people to their cities and towns. There are many challenges that were not present decades ago when services and systems with fixed routes were created. The aim of the two companies is to develop integrative transport software for transport operators that can help to create more value for drivers, companies and communities.
Ideas, products and findings are to be brought together from the collective expertise of the teams. The objective is to find new ways in which technologies can improve the end-to-end experience of road users and further enhance accessibility for those who need it.