LocoMobi
LocoMobi World is a privately held smart city technology company that sells AI-powered parking management and vehicle access control hardware and cloud software to municipalities, commercial buildings, and condominiums across the US and Canada.
- Company typePrivate
- Founded2010
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What LocoMobi does
LocoMobi World Inc. is a privately held smart city technology company headquartered in Mississauga, Ontario, with additional offices in Vancouver, British Columbia and Los Angeles, California. The company develops and sells AI-powered parking management and vehicle access control solutions that integrate proprietary enterprise hardware (sensors, gates, access control devices) with cloud-based software, distributed through direct enterprise field sales to municipalities, commercial buildings, condominiums, construction developers, and mixed-use developments across the US and Canada. Pricing is quote-based and offered on an a-la-carte, modular basis.
The core platform is the NVIDIA-powered AI Portal, which processes real-time vehicle and people movement data for intelligent decision-making and predictive analytics around congestion and bottlenecks. The product portfolio includes WorldStream (municipal parking with congestion pricing, variable rates, and automated enforcement), Condopark (residential condo parking management), Passagepass (access control), and the 2025-launched MOBI autonomous robot. The revenue model blends one-time hardware sales with recurring cloud software subscriptions.
The company has raised approximately $14M in disclosed venture funding across three rounds between 2012 and 2015 from investors including Andreessen Horowitz, QueensBridge Venture Partners, Fontinalis Partners, and WindSail Capital Group, and acquired Discount Park and Ride in December 2015. With 11-50 employees and no disclosed revenue or subsequent funding round, LocoMobi operates as a small, self-sustaining niche vendor in the broader smart city and intelligent transportation systems market.
LocoMobi firmographics
Firmographics- Name
- LocoMobi
- Legal name
- LocoMobi World Inc.
- Website
- https://locomobi.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- LocoMobi World is a privately held smart city technology company that sells AI-powered parking management and vehicle access control hardware and cloud software to municipalities, commercial buildings, and condominiums across the US and Canada.
- Ownership category
- akta.pro rank
LocoMobi industry classification
Industry- Product category
- Smart City Parking Technology
- NAICS
- Motor Home Manufacturing (336213), Taxi and Ridesharing Services (48531), Travel Trailer and Camper Manufacturing (336214)
- SIC
- Trucking (No Local) (4213), Motorcycles, Bicycles & Parts (3751)
- akta.pro primary industry
- Corporate Mobility & Ground Transport Management (THALANAI)
- akta.pro secondary industry
- Sportbike Motorcycle Rentals (THADAHAD)
Keywords
Where LocoMobi is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
LocoMobi business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Supply Chain, Marketing or Sales, Operations
Revenue model
- Enterprise Hardware Sales: Sale of enterprise-grade hardware solutions for vehicle access control, parking management, and security systems including sensors, gates, and access control devices
- Cloud-based Software Subscriptions: AI-powered cloud software offerings delivered on a subscription basis including the AI Portal, mobility network optimization, and analytics platform
- A-la-carte Solutions: Modular solution offerings allowing clients to select specific hardware and software components based on their requirements, from on-street to off-street parking options
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
LocoMobi product offering
Product offeringCore offering
LocoMobi World is an AI-powered smart city transportation technology company that sells enterprise hardware and cloud-based software for parking management and vehicle access control. Its core platform combines an NVIDIA-powered AI Portal with modular solutions (WorldStream for municipalities, Condopark for condominiums, Passagepass for access control, MOBI autonomous robot) sold a-la-carte to municipalities, commercial buildings, condominiums, and mixed-use developers across the US and Canada.
Product overview
LocoMobi World is an AI-powered Smart City technology company offering a platform-plus-modules architecture combining cloud-based software with enterprise hardware. The core offering centers on the AI Portal (powered by NVIDIA) and WorldStream municipal parking solution, complemented by add-on modules including Condopark for condo parking management, Passagepass for access control, and MOBI autonomous robot. The portfolio spans commercial buildings, condominiums, municipalities, construction & development, and mixed-use multi-dwelling sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- AI Portal NVIDIA-powered AI portal that analyzes and processes vast amounts of mobility data in real time to enable intelligent decision-making, traffic management, and predictive analytics for congestion and bottlenecks. Offered to municipalities, commercial buildings, and developers.
- WorldStream / WorldStream AI Municipal parking solution offering congestion pricing, variable rates, and automated enforcement capabilities for smart city applications, available for municipalities of all sizes from small to large.
- Condopark Automated parking management solution for residential condominium properties that optimizes operations, improves tenant satisfaction, and streamlines management tasks through AI-powered automation.
- Passagepass Access control solution that secures every access point while helping businesses unlock hidden revenue opportunities through automated enforcement at parking and building access points.
- MOBI Autonomous Robot Autonomous robot built for real-time decision making, designed to transform robotics across industries with smart machine capabilities.
- Enterprise Hardware Solutions Proprietary enterprise-grade hardware for vehicle access control and parking management, including sensors, gates, and access control devices, ranging from on-street to off-street options.
Companies that use LocoMobi
Customer profileSegments5 records
Ideal customer profiles5 records
LocoMobi technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature5 records
LocoMobi partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- NVIDIAcoreNVIDIA provides GPU computing capabilities powering LocoMobi World's AI Portal. This technology enables real-time analysis and processing of vast amounts of mobility data, supporting intelligent decision-making and predictive analytics for congestion management. NVIDIA's AI infrastructure is foundational to the company's smart city technology offerings.
Scale indicators2 records
Recent moves6 records
Expansion highlights3 records
LocoMobi competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
LocoMobi social profiles
Digital presenceLocoMobi financial estimates
Financial estimateRevenue estimate
Valuation estimate
LocoMobi leadership team
Management profileNumber of profiles
Profiles3 records
LocoMobi funding detail
Funding detailFunding overview
Funding rounds3 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LocoMobi M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LocoMobi
What does LocoMobi do?
LocoMobi World is an AI-powered smart city transportation technology company that sells enterprise hardware and cloud-based software for parking management and vehicle access control. Its core platform combines an NVIDIA-powered AI Portal with modular solutions (WorldStream for municipalities, Condopark for condominiums, Passagepass for access control, MOBI autonomous robot) sold a-la-carte to municipalities, commercial buildings, condominiums, and mixed-use developers across the US and Canada.
Is LocoMobi a public or private company?
LocoMobi is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was LocoMobi founded?
LocoMobi was founded in 2010. It employs 11 to 50 people.
Where is LocoMobi based?
LocoMobi is headquartered in Toronto, Canada, in the North America region.
How does LocoMobi make money?
Three revenue lines are on record. Enterprise Hardware Sales are the primary driver. The others are cloud-based Software Subscriptions and A-la-carte Solutions.
Does LocoMobi have an API?
No public API is recorded for LocoMobi.
What industry is LocoMobi in?
LocoMobi's product category is Smart City Parking Technology. Its primary akta.pro industry code is THALANAI, Corporate Mobility & Ground Transport Management, with a secondary code of THADAHAD, Sportbike Motorcycle Rentals. Its NAICS code is 336213 and its SIC code is 4213.