Diligence memo · auto-generated · as of July 2, 2026
Token Transit, Inc.
Token Transit, Inc. has raised $4.1M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Token Transit, Inc. operates in Govtech / Public Sector, based in SAN FRANCISCO, CA, USA. Complete fare payment platform for public transportation
Sub-sector tags: Fintech, GovTech, Transportation, fintech, mobility.
Capital & rounds (filed)filed
Token Transit, Inc. has raised $4.1M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $4.1M on 2019-10-17.
Most recent recorded round closed around 2019-10-17.
Valuation (modeled)modeled
Provath models Token Transit, Inc. at approximately $86M (range $5.8M–$468M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Last raise 6.7 yr ago; this sector typically re-raises about every 9 months.
Only one round on record and long silent — often defunct, acquired, or gone quiet.
Comparablesmixed
Capital scale ranks ahead of 85% of Govtech / Public Sector peers (46 compared).
Modeled value ranks above 93% of those peers.
Closest niche peers: SimpleCitizen, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.