Transreport, the UK’s fastest-growing accessibility technology company, has secured £10m in funding from VCTA members Puma Private Equity and Pembroke VCT, to help expand its flagship Passenger Assistance technology.
The funding, led by Puma, will enable Transreport to further connect its Passenger Assistance technology to anyone who needs assistance whilst travelling, facilitating quicker and easier use of public transport.
Mark Lyons, Investment Director, Puma Private Equity, added: “Our participation represents Puma’s largest single private equity investment to date which highlights the strength of our belief in the Transreport team and their mission.”
Fred Ursell, Investment Director at Pembroke VCT, commented: “This investment is a testament to our confidence in Transreport's unique approach and ability to redefine industry standards. We are proud to be part of Transreport's journey and look forward to working alongside Jay, Waleed and the team at this pivotal time of growth.”
Transreport secures £10m in funding from Puma Private Equity and Pembroke VCT