MagicBus · Dec 2022
MagicBus announced its participation in the SWTA 2023 conference and webinar series, highlighting its dynamic vanpool and shuttle management platform, booth presence, route crowdsourcing, scheduling, and fleet analytics.
Public company, workplace, funding, and market signals
MagicBus is a Los Angeles-based B2B SaaS company that helps transit agencies, employers, and other organizations manage vanpools with seat booking, route crowdsourcing, dynamic scheduling, and reporting. Public sources show a small team and mission-driven culture; some third-party databases conflict on historical founding/funding details, so unsupported items are left null.
Primary product
Dynamic vanpool management SaaS platform (MagicRide rider app, route crowdsourcing, and reporting dashboard)
Founded
2016
Headquarters
Los Angeles, California, United States
Team size
1-10
Work style
Flexible
Industry
Software Development
Sub-industry
Vanpool and commuter transportation software
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Offices
Business model
Stage
Series A
Latest round
Series A · Nov 2019
Founders
Ray Wu
Investors
Public careers content emphasizes Customers First, Find & Solve Problems, Mission Driven, Lean & Scrappy, Accountability and Flexibility, Learn & Be Curious, and Develop Each Other. The company says it works across time zones and is flexible on when/how people work as long as they collaborate and get things done.
Work style
Flexible
Compensation
No public compensation bands or salary figures were found on the official website.
Pricing
Sales-led demo / quote-based SaaS; no public pricing page found.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$10M
Estimated monthly visits
5.4K
MagicBus · Dec 2022
MagicBus announced its participation in the SWTA 2023 conference and webinar series, highlighting its dynamic vanpool and shuttle management platform, booth presence, route crowdsourcing, scheduling, and fleet analytics.
MagicBus · May 2022
The UCLA case study says MagicBus increased seat utilization by 28%, added 36 new routes, and generated more than $2,000 per vehicle per year in additional revenue.
MagicBus · Nov 2021
Founders Chris UpJohn and Jason Kraft describe the company’s origin, its pivot from operating vans itself to a peer-to-peer SaaS model, and investment from Y Combinator and Eric Ries.
MagicBus · May 2021
MagicBus says its booking app has facilitated rides for more than 10,000 riders and that the average rider stays 14 months, supporting its UX-led product claim.
TechCrunch · Jan 2016
Early coverage described MagicBus as a Y Combinator-backed startup building scheduled, WiFi-enabled Bay Area shuttle transportation.