Company | Profile
In an era when the idea of one person, one car is falling by the wayside, Durham, North Carolina-based startup TransLoc is building a series of apps designed to make getting around easier, no matter where you are or what your situation. It has partnerships with Fortune 500 companies, large hospitals, universities, municipalities and is currently operating in over 200 transit agencies in the U.S. and Canada. In 2016, TransLoc launched a new product for "bus hailing,” called OnDemand, which is now operational on more than 20 college campuses. It also raised $8 million from a group of investors, including Marc Benioff, and worked out a partnership with Uber to incorporate the ride-hailing company into its offerings in a few markets.