Modeshift Achieves Major Milestones in 2024, Expands Global Footprint and Connects Communities Through Innovative Transit Solutions

BOSTON--(BUSINESS WIRE)--Modeshift, a leading provider of contactless fare collection systems, is celebrating a year of remarkable growth and expansion. In 2024, the company strengthened its position as an agile and innovative alternative to legacy systems, achieving significant milestones that underscore its commitment to modernizing transit systems and enhancing rider experiences.

2024 highlights include:

• Expanded to over 50 transit agencies worldwide, marking a pivotal growth milestone.
• Entered two new international markets: Canada and Macedonia, expanding its cutting-edge transit technology to a larger global audience.
• Enabled over 88 million trips, enhancing mobility for over almost 1.4 million riders worldwide.
• Welcomed new U.S. customers, including:
  • Marin Airporter (California)
  • Butler Transit Authority (Pennsylvania)
  • Crawford Area Transit Authority (Pennsylvania)
  • IndiGO (Pennsylvania)

Pennsylvania emerged as a focal point of Modeshift’s growth in 2024, with a total of 10 transit agencies across the state now using its advanced digital fare collection and mobility solutions. With Modeshift’s innovative capabilities, the platform supports the creation of seamless and unified travel experiences, empowering agile agencies to drive forward regionally-connected travel solutions and enhance rider experiences statewide.

“Modeshift’s technology is transforming how transit agencies operate and connect with riders,” said Tim Geibel, Executive Director of Crawford Area Transit Authority. “By adopting the Modeshift platform, we are not only modernizing our services but also laying the groundwork for a truly regional transit system in Pennsylvania down the road. This collaboration is a game-changer for enhancing mobility, efficiency and sustainability in our state.”

“2024 was a landmark year for Modeshift. Our expansion to over 50 transit agencies and entry into new markets like Canada and Macedonia reflect the growing demand for innovative transit solutions worldwide,” said Miroslav Katsarov, CEO of Modeshift. “We’re particularly proud of our work in Pennsylvania, where our technology is enabling agencies of all sizes to set new standards for connectivity and rider experience. Modeshift is committed to empowering transit agencies across the globe with the tools they need to create efficient, sustainable and rider-focused systems.”

For more information, visit www.modeshift.com.

About Modeshift

Modeshift, Inc. is a technology company that helps transit agencies modernize their user-facing technology and the underlying infrastructure to improve efficiency, increase ridership and provide adequate, sustainability-oriented service. It is the only all-in-one digital mobility infrastructure platform that also gives the transit industry the tools to reduce their carbon emissions and aim for sustainability.

Our core product is Account-based Fare Collection System, based on the Microsoft Azure cloud and delivered as a service (Software as a Service – SaaS). Modeshift also provides other subsystems which complete the stack of hardware and software needed to operate a modern transit system such as Mobile ticketing, AVL/CAD and real-time passenger information.