Masivo Capital

What Masivo Capital does

Masivo Capital S.A.S is a Colombian private limited company that operates mass public bus transportation under concession contracts awarded by the Bogotá transit authority (Transmilenio/SITP). Founded in 2012 and headquartered in Bogotá, the company runs zonal, feeder (alimentación), and complementary routes across two SITP concession zones — Kennedy and Suba Oriental — using a fleet of approximately 1,200 vehicles deployed across 6 depots. The fleet spans diesel (Euro IV/V), natural gas (GNCV), and electric powertrains, and includes South America's first electric bus deployed in the SITP system (2015/2016). Cumulatively the company has mobilized over 1.3 billion passengers and traveled nearly 700 million kilometers over 12 years of operation, and reports a headcount in the 1,001–5,000 range.

The company's technology stack centers on fleet operations rather than customer-facing software: an FMS (Fleet Management System) installed in Padrón Gas vehicles, anti-evasion butterfly turnstiles, isolated driver cabins, and internal digital tools including SIMCAP (fleet/operations management), Simulador Unidad Lógica (driver training), the webMasivo employee self-service portal, and an Integrated Management System (SIG). On the social side, the Consultorio Móvil mobile consultation office — run in partnership with Fundación Universitaria Los Libertadores — delivers free legal, psychosocial, and accounting services to over 20,000 community members, and is complemented by the Gestión Social and Corazones en Movimiento community programs.

Masivo Capital's revenue model is concession-based: compensation is set by the SITP/Transmilenio regulatory framework on per-passenger and per-kilometer terms, with fares collected through the integrated ticketing system rather than priced by the operator. Customer acquisition is driven entirely by the regulatory framework directing transit users into the SITP system, and the company's primary contractual counterparty is the Bogotá government transit authority — a single-buyer concentration that is central to understanding its risk profile. The company is currently operating under Ley 1116 business reorganization, confirmed by the Superintendencia de Sociedades in 2019, with multiple reform filings (including notices in 2017 and 2024) and an active restructuring process overseen by Colombian authorities.

Name

Masivo Capital

Legal name

Masivo Capital S.A.S

Website

https://masivocapital.co

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Masivo Capital S.A.S is a Bogotá-based SITP concessionaire operating zonal, feeder, and complementary bus routes across the Kennedy and Suba Oriental zones with ~1,200 vehicles, 6 depots, and 50+ routes, serving commuters under Transmilenio's regulated framework.

Ownership category

akta.pro rank

Headquarters

HQ city

Bogotá

HQ country

Colombia

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Public Transit Concession Revenue: Masivo Capital generates revenue through government concession contracts with the SITP (Sistema Integrado de Transporte Público) in Bogotá. The company operates zonal, feeder (alimentación), and complementary routes under Transmilenio's regulatory framework. Revenue is derived from per-passenger/per-kilometer compensation structures set by the regulatory authority, supplemented by fare revenues collected through the integrated ticketing system.
2. Social Services and Community Programs: The company operates community-facing social programs including a mobile consultation office providing free legal, psychosocial, and accounting services. While these programs are non-revenue generating, they strengthen community relationships and support the company's social license to operate under its concession agreements.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

Masivo Capital operates mass public passenger bus transportation under SITP (Sistema Integrado de Transporte Público) concession contracts in Bogotá, Colombia. The company runs zonal, feeder (alimentación), and complementary bus routes across the Kennedy and Suba Oriental concession zones using a fleet of more than 1,200 diesel, natural gas (GNCV), and electric vehicles managed from six depots. It also delivers complementary social services including a mobile consultation office and community engagement programs.

Product overview

Masivo Capital is a public transportation operator in Bogotá, Colombia operating SITP bus routes under two concessions (Kennedy and Suba Oriental). The company's primary offering is mass transit bus services, with supporting internal digital tools including the webMasivo employee portal, SIMCAP fleet management system, and the Simulador Unidad Lógica for training. The company also provides social responsibility services through its mobile consultancy (Consultorio Móvil) and community engagement programs (Gestión Social). The fleet consists of approximately 1,200 vehicles including gas, diesel, and electric buses operating zonal, feeder, and complementary routes.

Differentiator

Problem solved

Functional benefit

Products and services

• SITP Zonal Bus Routes (Kennedy & Suba Oriental) Urban public bus services operated on mixed lanes within the Kennedy and Suba Oriental SITP concession zones in Bogotá, using Bus (50 passengers), Buseta (40 passengers), and Padrón (80 passengers) vehicles to connect neighborhood stops across 30 zonal routes in Kennedy and 14 in Suba Oriental.
• SITP Feeder (Alimentación) Bus Routes Feeder bus services that connect residential areas to Transmilenio portals and intermediate stations, operating 15 routes in Kennedy and 4 in Suba Oriental from approximately 4:00 AM to 12:30 AM daily.
• SITP Complementary Bus Routes Complementary bus services serving pedestrian access areas near Transmilenio trunk stations, with 11 routes in Kennedy (including 8-10 Mundo Aventura and TC30) and 12 in Suba Oriental.
• Consultorio Móvil (Mobile Consultation Office) Free legal, psychosocial, and accounting advisory services delivered to community members via two fully equipped mobile consultation vehicles, operated in alliance with Fundación Universitaria Los Libertadores and serving approximately 20,000 people in areas surrounding Masivo's operational zones.
• Gestión Social (Social Management Program) Community engagement program including educational interventions at schools, senior center activities, and civic culture and system awareness training in neighborhoods near Masivo's depots and routes.

Quantifiable outcome

• Over 1.3 billion passengers transported in 12 years of operation
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

One partnership is on record.

• Fundación Universitaria Los LibertadorescoreStrategic or Co-development PartnerMasivo Capital has formed an alliance with Fundación Universitaria Los Libertadores to provide free legal, psychosocial, and accounting advisory services to the community through two fully equipped mobile consultation vehicles. The partnership leverages specialized professionals from the university to deliver privacy-confidential consultations, benefiting over 20,000 community members and contributing to socioeconomic growth in the areas surrounding Masivo's operational zones.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tranzit S.A.S: Bogotá SITP zonal/feeder bus concessionaire operating under the same Phase III integrated public-transit framework as Masivo Capital. Directly comparable on concession model, fleet operations, and customer (Transmilenio).
• GMovil S.A.S: SITP Bogotá concessionaire operating zonal bus services in another zone of the city. Same regulatory regime, same per-km compensation model, and same Transmilenio counterparty as Masivo.
• Express del Futuro: SITP Bogotá concessionaire providing zonal and feeder bus services. Direct competitor in the same concession structure, with comparable fleet size and operating model.

Regional players

• MIO (Masivo Integrado de Occidente) — Cali: Cali's BRT/mass transit bus operator, structurally analogous to Bogotá's SITP/Transmilenio model. Comparable on integrated mass-transit operations, fleet management, and government concessionaire model, but serving a different Colombian city.
• Transmetro (Barranquilla): Mass transit bus operator in Barranquilla under a similar concession framework. Comparable in operating model (urban bus mass transit, municipal concession) but in a different Colombian city.
• Metrolínea (Bucaramanga): Metropolitan mass transit bus system in Bucaramanga. Operates under a comparable Colombian municipal-concession model for urban bus routes, but in a different geography.

Broad incumbents

• Keolis: French global public transit operator (subsidiary of SNCF) running bus, tram, and metro networks under public-service contracts. Directly comparable on concession-based urban bus operations and municipal customer base.
• Transdev: Global multi-modal public transit operator (bus, tram, metro) active across Europe, North America, and LATAM. Comparable business model (contracted/operated transit services for public authorities) and customer type (municipal/transit authorities).
• ComfortDelGro: Singapore-listed global land-transport group with bus, taxi, and rail operations across multiple geographies. Comparable as a large multi-modal public/private transit operator with similar concession-driven bus services.
• FirstGroup plc: Major UK- and US-headquartered bus and rail operator, with significant contracted and regulated transit operations. Comparable on operating model (concession-based bus services for public authorities) and fleet scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/masivo_capital
• YouTubeyoutube.com/channel/UC3vYlMqbW-exKYC-THOh_ig
• Facebookfacebook.com/masivocapital
• Instagraminstagram.com/masivo_capital
• TikToktiktok.com/@masivocapitalsas
• LinkedInlinkedin.com/company/masivocapital

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Masivo Capital