About

For Mass Transit Providers that struggle to create value through data we created TransiTool a two-sided platform that assists Mass Transit Providers (TPs) to standardize, analyze and publish transport data while providing a digital twin to inform passengers, gather data and offer seamless connection between TPs and Passengers. The initial idea of TransiTool was created after the participation of the team in European Horizon projects where we analyzed the needs of big transport operators like OASA, Fertagus, NS and TMB. TransiTool was incorporated in late 2023 while already having 2 customers- small transport operators in Greece. In the next year, we target to close more than 25 customers in Europe and achieve at least 1 million € in sales. We have an open call for angel investing pre-seed funding of 200 k€ with the aim to expand our leads to sales and participating in big transportation events in Europe (IT-Trans, TRA, Autonomy Paris, Move, World Passengers Festival).

Solution & Product

TransiTool enables services for Operators and Passengers through the interaction and exchange of data between them. Passengers retrieve better information on Mass Transit and create data for TPs which analyze them leading service optimization and better information. TransiTool is a web application that provides various features and tools to Mass Transit Providers in order to standardize, manage, analyze and share transport data. TransiTool consists of a network map where all the transport network can be uploaded and visualized. Network map offers edit options to change the network (i.e. create new routes, stations, trips). Network maps visualizes validated GTFS and NETEX transport data. The user can publish transport data on its own publication page and choose whether he wants to download or share this page with third parties like Google Maps or any other map. At the same time, The user can analyze its network and get valid accessibility and other transportation metrics for the existing network. Moreover, TransiTool offers a variety of APIs to connect data to third party apps.

Innovation & Scalability

TransiTool uses open transportation standards to create interconnectivity between transportation data, creating potential for deeper analysis, combination of different means of transport. The aim is to create seamless mobility in cities, creating a digital twin for passengers. TransiTool is a data management software fully scalable that aspires to be the center of all transport data in Europe.

Traction & achievements

TransiTool already has 5 customers and will reach 25 customers in 2024. We are working with transport Operators in Greece, Romania and Dublin.

Team & Why Us

CEO Zoi Papacharalampous, 33 years old, with more than 10 years of experience in entrepreneurship. As a Civil Engineer she has created her own construction company and managed projects of millions (company is up and running with a new management team). In 2017 decided to switch careers by pursuing an MBA from HEC Paris, one of the most prestigious MBAs globally, where she started working as a Business Consultant for startups. Sustainability and livable cities are her passion and that’s where TransiTool was created together with Alexandros Papacharalampous. CTO and product manager Alexandros E. Papacharalampous, 35 years old is a Transport Engineer specialized in transportation data analysis and transportation engineering research. In 2016, he founded AETHON Engineering which is working on research and innovation projects for smart cities, sustainable mobility, public transport, logistics. Through AETHON, TransiTool was created as a spinoff of the research transport projects. He is the founder and creator of TransiTool. He is working closely with Zoi (his sister) in forming TransiTool from an idea to a business. TransiTool was created by us and TT team of developers and cloud architects, Vasilis Zisiadis- Cloud architect , Jason Plymenos- Transportation & data engineer and Anesti Merdani- Full Stack developer.

Funding Needs

We are raising pre-seed round of 200 k euros to prove our Business Model and Go to Market Plan. We need these funds to upscale our sales strategy, participate in big transportation events in Europe and convert leads into clients.