LocoMobi World Inc. Named 14th in the 25 Top-Funded PropTech Startups in Canada

February 22, 2021

Toronto, ONProptech’s 2021 Inaugural Report has named LocoMobi World the 14th Top-Funded Startup in Canada. LocoMobi World was also ranked in the top ten for commercial storage and logistics. PropTech is a collective of real estate professionals, technologists, city builders, and entrepreneurs who believe technological innovation can change the built world for the better. PropTech’s 2021 comprehensive report examines the Canadian PropTech landscape, including the key players, emerging trends, and insights into how the Canadian real estate industry is transforming and building resilience.

“With Toronto being the fastest growing city and the largest technology hub in North America, LocoMobi World is well-positioned for success. We are contributing to the evolution of smart city technology in the parking and transit sectors and connecting people everywhere they travel,” said Grant Furlane, Founder and CEO. “Seeing our brand in many pages and categories in the report is exciting and only reaffirms our strong position in the marketplace.”

Grant FurlaneCEO, LocoMobi World Inc.

About LocoMobi World Inc.

LocoMobi World Inc. is a cloud-based Smart City technology company specializing in parking, tolling, transit, storage, asset tracking, and threat management solutions. The Worldstream cloud portal is the first fully distributed cloud infrastructure management system. In addition, LocoMobi World provides pioneering technology to government, institutional and parking management clients throughout North America and has a growing platform of transportation infrastructure patents. LocoMobi provides a full line of products including Pay-On-Foot Kiosks, Pay-On-Exit Stations and Barrier Gates for Commercial and Residential Facilities. LocoMobi World Inc. has reinvented how people travel throughout the transportation infrastructure in terms of parking, curbside, drive-thru and security.

LocoMobi’s leading cloud-based License Plate Recognition (LPR) system offers a refined approach for revenue control, virtual permitting, violation and citation management, toll road management, managed traffic lanes, gated lane environments, as well as residential multi-level condominium building parking control and access. Our Smart City technology is connecting vehicles anywhere they travel.

For more information, please visit our website or call Grant Furlane at 416.898.3455.

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