Ridango, a Tallinn, Estonia-based supplier of public transportation software program, obtained an funding from Bregal Milestone.
The quantity of the deal was not disclosed.
The company6 intends to make use of the funds to speed up its natural and inorganic development
Based in 2009 by CEO Erki Lipre, Ridango gives clever transportation software program for public transport authorities, municipalities, cities, and personal transport operators. It has constructed an built-in automated fare assortment and operations management software program platforms, serving greater than 150 clients in over 25 nations throughout 5 continents. The corporate’s software program gives end-to-end transit administration companies, from account-based ticketing to contactless financial institution card acceptance, real-time passenger info, and computerized car location operations administration to ship higher transit companies, extra correct real-time visibility, and improved passenger satisfaction.
Following accelerated buyer exercise in Sweden, together with buyer wins from Västtrafik, Sörmlandstrafiken, and Västmanlandstrafiken, Ridango will function from its new European headquarters in Sweden; its R&D hubs in Estonia and Slovenia; and its regional gross sales and advertising hubs following buyer wins within the Center East (UAE, Qatar, and Saudi Arabia) and APAC (Singapore and Hong Kong).
FinSMEs
21/03/2025
