GlobeSherpa's smart transit

| Print |  Email
Articles - April 2013
Monday, April 01, 2013

 

BY LINDA BAKER

0413 FOB Launch Globesherpa
Nat Parker, CEO of GlobeSherpa
// Photo by Sierra Breshears

In many parts of Europe and Asia, mobile tickets and payments for transit are ubiquitous. Not so in the United States, where only two public transit agencies use mobile ticketing systems: MBTA Commuter Rail in Boston and New York Waterway. Now Nat Parker, chief executive of GlobeSherpa, a Portland-based mobile ticketing startup, aims to spread the smart payment gospel. The company has developed a platform that allows riders to buy tickets on their smartphones. The system also lets fare inspectors check for and validate tickets and gives transit agencies access to real-time sales and purchasing data. Another plus: Consumers can buy the e-tickets as a group, a useful feature for everyone from families to fans attending Blazer games. After launching in 2010, GlobeSherpa is now beta testing the platform on TriMet buses and expects to debut the system citywide on buses, MAX and commuter trains in June. A next step is to integrate the platform with local merchants. Consumers can also use the software to purchase parking spaces, Parker says. GlobeSherpa is in conversation with other transit agencies nationwide, and Parker says many U.S. cities are eager to catch up with the rest of the world, at least in the smartticketing arena. “Wherever you can reduce cash, you stand to create a very big efficiency and save money. We’re bullish on mobile payments.”

COMPANY: GlobeSherpa

PRODUCT: Mobile ticketing services

CEO: Nat Parker

HEADQUARTERS: Portland

LAUNCHED: 2010

TRUTH TELLER: “Security is the No. 1 issue in designing mobile payment software; it’s got to be rock solid and secure. The user experience is No. 2. It has to be easy to use and fun. Anyone using a TriMet ticket today has pretty much the exact opposite experience.”

BACK OFFICE: Raised $500,000 in seed round led by TIE, Portland Seed Fund and Alliance of Angels. Landed $1.3 million in Series B Funding. Employs nine people, mostly software engineers, with plans to hire a director of business development and sales associates.

 

More Articles

4 winners and losers in the Kitzhaber scandal

The Latest
Thursday, February 12, 2015
021315-govorno-thumbBY JACOB PALMER | OB DIGITAL NEWS EDITOR

Examining the governor's rapid fall from grace in a "bizarre" and "unprecedented" saga.


Read more...

How a Utah-based essential oils company cornered the Oregon market

March 2015
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR

Multilevel marketing, health claims and zyto scanner biofeedback machines: How dōTERRA thrives in Oregon. 


Read more...

Nuclear fingerprints

March 2015
Tuesday, February 24, 2015
BY LINDA BAKER | OB EDITOR

At Oregon State University, a 21st century version of the bad dream — nuclear terrorism — is alive and well. This winter, the Department of Nuclear Physics and Radiation Health Physics created a new interdisciplinary graduate emphasis in nuclear forensics, a Sherlock Holmes-sounding program that aims to identify how and where confiscated nuclear and radiological materials were created.


Read more...

Taking the lead in boosting Oregonians’ health and strengthening our economy

Contributed Blogs
Thursday, January 08, 2015
0108-injection-thumbBY CAMBIA HEALTH SOLUTIONS & OREGON BUSINESS COUNCIL | OP-ED

Businesses have a significant stake in the health of Oregonians. In fact, we cannot succeed without it. By committing to using our companies as levers for good health, we invest in our people, our business, our quality of life and our economy. 


Read more...

Money Talks

March 2015
Saturday, February 21, 2015
BY LINDA BAKER | OB DIGITAL NEWS EDITOR

Will community banks survive the digital age? Three CEOs peer into banking's crystal ball.


Read more...

Convention Wisdom

February 2015
Monday, January 26, 2015
BY KIM MOORE

After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.


Read more...

Tweeting Portland's State of the City address

News
Friday, January 30, 2015
Screen Shot 2015-01-30 at 3.08.19 PMBY JACOB PALMER | OB DIGITAL NEWS EDITOR

For those who were working, here are a few highlights of Charlie Hales' State of the City address.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS