Incorporated in 2014 by Grégoire Bonnat and Ziad Khoury, Padam is a pioneer in Mobility-as-a-Service and a fast-growing turnkey AI-powered technology provider that operates on-demand transport (microtransit) services. Padam’s white label platform, Padam Live, is a software that is rebranded by public transportation operators to integrate microtransit services. Currently, cities in France and the United Kingdom, such as Orleans and Bristol, are actively using Padam’s solutions.
This Series A fundraising will allow Padam to strengthen its position as the first-choice partner for demand responsive public transportation operators. Both companies have agreed to maintain confidentiality regarding financial details of the deal. Siemens has made a significant investment in Padam.