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All posts tagged "gometro"

  • SA startup GoMetro to be part of ICO run by UK internet of mobility company

    Smart mobility startup GoMetro will be part of a UK initial coin offering (ICO) run by internet of mobility company Tsio Protocol, says the Cape Town based startup's founder Justin Coetzee. Coetzee told Ventureburn on Tuesday that GoMetro's new flex platform will form part of Tsio Protocol's minimum viable ecosystem and that the ICO will take place "towards the end of March". "They're raising it and we're part of their consortium," said Coetzee. "If they are successful in their fund raise, they will be integrating their token into our system," he said. It follows the announcement by Coetzee in November last year of plans to trial GoMetro's new...

  • Funding your startup: Ventureburn lists the SA investors delivering [2018 update]

    For entrepreneurs wanting to find early-stage funding, this is the article for you. As there is generally a veil of secrecy surrounding funding and startups, there is often smoke and mirrors in the industry, with many claiming to be "investors".  Ventureburn has sifted through the South African landscape and brought you the investors that are putting the money where their mouths are, and investing in the startup industry. Make sure to keep checking back on this article. We will constantly be updating it with new funds as the startup space grows in South Africa. Also, with your comments and suggestions we hope...

  • Watch these guys — here are the SA startups to look out for in 2018

    Tech startups that focus on solving problems using data analysis top Ventureburn's list for the 12 South African tech firms to watch in 2018 - be they transport, agriculture, transport, or finance. Fintech, will continue to be the hottest sector -- with half the startups on the list hailing from the sector. The list also includes two startups using cryptocurrency as part of their solution. Aerobotics is definitely a startup to watch. This Cape Town based aerial data analytics platform provides analytics for drone users (mainly in the agricultural sector). In November Google revealed that the startup was one of 24 selected to join the fifth...

  • Here are the nine winners of the AfricArena innovation challenges

    The winners of the nine innovation challenges that took place over the two-day AfricArena conference in Cape Town have been announced. Startups shortlisted to pitch in the challenge finals duked it out in live pitch battles at the conference's Battle Arena, in front of different panels of expert judges and investors. Winning startups did not take home any prize money. Rather, AfricArena stated in a press release today that the winning startups have the chance to develop establish long-term relationships with corporates, and secure coveted partnerships. Winners also received a year-long subscription to due diligence dashboard YueDiligence. AfricArena innovation challenge winners will work with the respective challenge sponsors The...

  • Tritech Media invests 20% holding in GoMetro

    Media technology company, Tritech Media, has announced today the investment of a 20% holding of smart mobility company, GoMetro. The remaining shares of GoMetro are currently held by its founders, a VC firm, 4Decades Capital which represents the former CEO of Rand Merchant Bank, Mike Pfaff; chief investment officer Derek Prout-Jones. AngelHub Ventures, representing former FNB CEO, Michael Jordaan also retain remaining shares. GoMetro's propriety mobility platform aims to simplify transport operations especially within and around congested areas, such as Sandton. "This is such a great strategic acquisition for our group," said CEO and founder of Tritech Media, William Kirsh in a...

  • GoMetro Traffic wants to help on your holiday journey

    Just in time for the holiday season, GoMetro Traffic is an app designed for users travelling on roads. It is a spin-off of South African railway notification app, GoMetro. "We observed that other traffic applications are focused on navigation, and require a user to keep their GPS on all the time in order to receive traffic information. Obviously, this kills battery life and can overheat your phone," says Justin Coetzee of GoMetro in a recent press release. He goes on to say, "Our app doesn’t waste battery life because we don’t use your GPS to send contextual traffic alerts, rather using...

  • WhereIsMyTransport releases innovative public transport app in Tshwane

    Backed by a fresh new website and Knife Capital's Grindstone accelerator programme, South African startup WhereIsMyTransport (WIMT) is today releasing its urban transportation and journey planner app called Findmyway to commuters in Tshwane, South Africa. Based on live data from participating transport operators in the city, the app gives users various routes and modes they can take, arranged by cost or travel time. Read more: These are Grindstone’s 13 tech startups for 2015 Findmyway also includes an interface where commuters can communicate directly with government about delays, accidents, or service delivery, and cities can make announcements to update users about road conditions...

  • GoMetro launches Email My Boss button for commuters stuck on trains

    The buzzing sound of murmuring voices in the train builds up to a mix of conversations. Often when the train gets stuck, you can, among the noise, hear a commuter trying to tell his/her boss that they are going to be late for work that day. Calling in, of course, only works for those who have the airtime to call. GoMetro, the public transport app, is trying to make this process a lot easier for commuters by introducing a new feature called Email My Boss. The feature allows commuters who are stuck on a delayed train to send an email...

  • GoMetro launches low-cost data mobi site in all 11 official SA languages

    Transport data startup GoMetro has just launched a new mobi site designed with the emerging world, specifically South Africa, in mind. GoMetro Mini, as it's called, is designed for older mobile phones and will provide public transport information in each of the country's 11 official languages. Apart from enabling users to choose from Sepedi, Xhosa, Zulu, Sotho, Tswana, Venda, Tsonga, Ndebele, Swati & Afrikaans to get train and bus times for all major cities in SA, the site is also optimsed to use the minimal amount of data. GoMetro CEO Justin Coetzee, “Over the last 2 years, we have noticed GoMetro...

  • GoMetro relaunches as SA’s social network of transport

    In celebration of National Transportation Month in South Africa, data and transport startup GoMetro relaunched this week. Apart from the additional social elements, the startup's updated product now include information regarding major bus services like Cape Town's MyCiti and Golden Arrow as well as Johannesburg's Gautrain and Rea Vaya. GoMetro's new app -- GoMetroApp -- is referred to as the Community for Commuters where people provide each other with information including crowdsourced updates about transport in South Africa. Whereas the original GoMetro.co.za provides train delay updates and Metrorail schedules, GoMetroApp.com is designed to work with all major modes of public transport...