Padam revenue is $4.5 million

How Padam hit $4.5M Revenue

Launched in 2014, Padam began exposing the need for flexible, shared and cheap public transport in the City of Paris. Along the way, Padam developed a masterful algorithm to make demand-responsive transportation more competitive than fixed lines in specific areas. Today, Padam's SaaS infrastructure lets Public Transit Operators explore new mobility models, and make existing ones easier, friendlier and more fluid. Switching a transit system to Padam's platform transforms software expenses into variable costs. Operators can innovate in mobility without having to invest heavily in their infrastructure. Using Live ©, Access © or Lab ©, they can take advantage of Padam's expertise to access mobility modules where and when their territory needs them, delivering results faster and at a lower cost. After a Series A investment by Siemens Mobility, Padam licenses its highly reliable, scalable, and transformative platform globally, empowering thousands of travelers around the world.