Tisséo Engineering.

Name

Tisséo Engineering.

Legal name

SMAT – Société de la Mobilité de l'Agglomération Toulousaine (Tisséo Ingénierie)

Website

https://tisseo-ingenierie.fr

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Public Transport Infrastructure Engineering Services

NAICS

Engineering Services (54133), Corporate, Subsidiary, and Regional Managing Offices (551114)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Urban Rail Infrastructure Owners & Asset Management (Track/Power/Signaling) (THAIABAH)

Keywords

• Public transport infrastructure
• Metro engineering
• Tramway construction
• Delegated project management
• Mobility engineering consulting

Headquarters

HQ city

Toulouse

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering and Project Management Services to Public Authorities: Tisséo Ingénierie operates as a Société Publique Locale (SPL) providing engineering and project management services to public transport authorities (Tisséo Collectivités, Toulouse Métropole, SICOVAL). Revenue is generated through fees and contracts for the design, engineering, and oversight of transport infrastructure projects. As a public entity owned by local authorities, its revenue derives from public budget allocations and service fees billed to its public-sector clients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Tisséo Ingénierie is a Société Publique Locale (SPL) that operates as a delegated project owner (maître d'ouvrage délégué) for the Toulouse metropolitan area's public transport infrastructure. The company designs, engineers, manages procurement, and oversees construction of automated VAL metro lines, tramways, urban cable cars, bus rapid transit lines, multimodal exchange hubs, park-and-ride facilities, and maintenance depots on behalf of public shareholders (Tisséo Collectivités, Toulouse Métropole, SICOVAL).

Product overview

Tisséo Ingénierie is a public engineering company (SPL) that designs, builds, and manages urban transport infrastructure for the Toulouse metropolitan area. The company operates a portfolio of integrated transport solutions including automated VAL metro systems (Lignes A, B, and under-construction Ligne C), tramway lines (T1, T2), an urban cable car system (Téléo), bus rapid transit (Linéo), and an airport express connection. Supporting infrastructure includes multimodal exchange hubs (PEM), park-and-ride facilities (P+R), maintenance depots (Garage Atelier), and renewable energy installations (photovoltaic). The company also provides digital tools including the Parlons Travaux application for construction communication and Solutions Connectées for passenger information systems.

Differentiator

Problem solved

Functional benefit

Brands

• Parlons Travaux: Mobile and web application dedicated to information about ongoing construction sites, serving residents, shopkeepers, and users

Products and services

• Métro Ligne A Automated VAL metro line of 12.5 km with 18 stations from Basso Cambo to Balma-Gramont, delivered by Tisséo Ingénierie for Tisséo Collectivités. Upgraded in 2020 to double capacity to 320 passengers per train.
• Métro Ligne B Underground automated VAL metro line of 15.8 km with 20 stations from Borderouge to Ramonville, operational since 2007. Delivered by Tisséo Ingénierie for Tisséo Collectivités.
• Métro Ligne C New 27 km automated metro line with 21 stations from Colomiers Gare to Labège Gare, currently under construction. First metro in France certified HQE Infrastructure Durable. Designed for 200,000 daily passengers at launch, expandable to 600,000.
• Téléo urban cable car First urban cable car in Toulouse and longest in France at 3 km, connecting Oncopole, Rangueil Hospital, and Paul Sabatier University. Built with 3S technology (2 carrier cables, 1 traction cable) providing stability at up to 70m heights. 15 cabins with 1,500 passengers/hour/direction capacity.
• Tramway T1 Tramway line connecting Toulouse to Blagnac and Beauzelle, 14.3 km with 24 stations, operational since 2010.
• Tramway T2 Tramway line connecting Toulouse city center to Toulouse-Blagnac Airport, 2.4 km with 3 stations, operational since 2015.
• Ligne Aéroport Express Direct high-frequency airport express connection between Toulouse center and Toulouse-Blagnac Airport, with launch scheduled for December 2026. €41.3 million budget.
• Linéo bus rapid transit Bus rapid transit lines (Linéo 3, Linéo 5, and others) with dedicated lanes, priority at traffic lights, and modern stations with real-time passenger information.
• Connexion Ligne B (CLB) Extension of Line B metro from Ramonville to Labège, 2.7 km with 2 new stations including a 500m tunnel under Canal du Midi and a 2.2 km viaduct. €250 million budget. Winner of Gold ITA-Awards 2025 for innovation in very low-carbon voussoirs.
• Pôles d'Échanges Multimodaux (PEM) Multimodal exchange hubs connecting metro, bus, train, cycling, carpooling, and park-and-ride facilities along the Ligne C corridor. Four hubs planned with 2,000+ parking spaces.
• P+R Basso Cambo Park-and-ride facility at Basso Cambo with 790 spaces (490 silo + 300 surface), 8 bus stops, 100-bike parking, and electric vehicle charging stations. Opened August 2022.
• Garage Atelier Daturas Maintenance and storage facility for Ligne C metro on 12 hectares with 20,000+ m² of technical buildings, designed to handle 34 metro trains and 59 km of rail tracks. €50 million budget. HQE-certified; uses hydrothermy HVAC from wastewater heat recovery.
• Photovoltaic self-consumption installations Solar photovoltaic installations on the rooftops of Ligne C and CLB infrastructure across 9 sites, producing 4.7 GWh/year of self-consumed renewable energy. €5 million budget.
• Solutions Connectées (SAEIV, video protection, ticketing) Connected transport solutions including SAEIV (exploitation assistance and passenger information systems), video protection, and ticketing systems deployed across the Toulouse public transport network.
• Parlons Travaux mobile and web application Mobile and web application providing real-time construction updates, personalized alerts, and interactive communication with residents, shopkeepers, and users affected by ongoing transport infrastructure construction projects.
• 3ème Site Bus Colomiers Third bus depot in Colomiers, operational since 2015, accommodating 166 buses and 450 employees on a 5.3 hectare site.

Quantifiable outcome

• Reduction of 90,000 motorized daily trips through Ligne C at full operation
• +3 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature7 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Bessac (VINCI Construction)coreTechnology or Integration · 1 January 2025Bessac, part of VINCI Construction, was the lead contractor for tunnel construction on the Connexion Ligne B project. The partnership produced very low-carbon concrete voussoirs using the Exegy L+C3 formulation with metakaolin. Bessac also renovated the 'Clémence Isaure' tunnel boring machine at Saint-Jory. Other consortium members included GTM and Soletanche Bachy.
• PREGA (Labège)coreTechnology or Integration · 1 January 2025PREGA manufactured the very low-carbon concrete voussoirs for the Connexion Ligne B tunnel at its Labège facility, for the Bessac-led consortium.
• POMA Group (Altiservice, Bouygues TP Régions France, Systra, Seti, Séquences)coreTechnology or Integration · 1 January 2022Groupement POMA was responsible for the design, construction, and maintenance of the Téléo cable car. The consortium included POMA (cable system manufacturer), Altiservice (maintenance), Bouygues TP Régions France (construction and civil engineering), Systra (GC/pylon/station design studies), Seti (technical building and VRD), and Séquences (architectural integration).
• AlstomcoreTechnology or Integration · 1 January 2022Alstom manufactures the metro rolling stock for the Toulouse network (VAL systems) and the trainsets for the Ligne C metro. Line C trainsets are being tested at Alstom's Valencienne facility.
• Tisséo CollectivitéscoreStrategic or Co-development PartnerTisséo Collectivités is the primary public transport authority and main contracting client of Tisséo Ingénierie. As the owner of the transport network, it delegates project management to Tisséo Ingénierie for infrastructure projects.
• SICOVALcoreStrategic or Co-development PartnerSICOVAL (Communauté d'agglomération du sud-est toulousain) is a key partner, with Tisséo Ingénierie providing site mediation services for SICOVAL's development operations. Tisséo Ingénierie also manages the Connexion Ligne B project, which serves the SICOVAL territory including Labège.
• Toulouse MétropolecoreStrategic or Co-development PartnerToulouse Métropole is the metropolitan authority that, along with Tisséo Collectivités, is the principal shareholder and client of Tisséo Ingénierie. The company serves as delegated project owner for major transport infrastructure serving the metropolitan area.
• Brest Métropole and Grand Besançon MétropoleminorStrategic or Co-development PartnerA joint procurement of 22 tram trainsets was made in partnership with Brest Métropole and Grand Besançon Métropole. Tisséo received 6 rames dedicated to the Ligne Aéroport and 3 rames to reinforce the T1 tram line.
• Femmes en MouvementminorOthersTisséo Ingénierie supports Femmes en Mouvement, an association promoting gender equality and inclusion, as part of its broader social commitment agenda.
• AïdaminorOthersTisséo Ingénierie supports Aïda, an association engaged in social and cultural inclusion, as part of its CSR commitments.

Scale indicators12 records

Expansion highlights4 records

Broad incumbents

• Keolis: Major global public transit operator owned by SNCF; operates metro, tram, and BRT networks and provides engineering/AMO services for transit authorities — comparable in transit mandate though focused on operations rather than delegated project ownership.
• Transdev: Global public transit operator with a French presence, providing operations, maintenance, and engineering support for metro, tram, and BRT networks. Comparable in serving French public transport authorities, though broader and more operational than Tisséo's engineering focus.
• RATP Dev: International transit operator and engineering subsidiary of RATP Group; operates and supports metro, tram, and BRT networks globally, with overlapping expertise in transit infrastructure commissioning and oversight.

Direct peers

• Egis: French engineering group operating across transport infrastructure (rail, metro, urban transit), buildings, and project management; provides AMO and delegated project-owner services comparable to Tisséo Ingénierie's mandate for major transit programs.
• Semitan: Société d'Économie Mixte operating the Nantes public transit network on behalf of local authorities; similar SPL/Mixte public-sector delegated-management structure for urban transit, with comparable governance and revenue model.
• Transamo: French engineering subsidiary of SNCF/Keolis/Transdev focused on transit project management assistance (AMO) for public transport authorities — directly comparable in delegated project-owner role for metro, tram, and BRT projects.
• Setec: Independent French engineering consultancy active in urban transit, rail, and infrastructure project management; competes for similar delegated project-management and engineering mandates from public transport authorities.
• Systra: Engineering consultancy specializing in rail and public transport infrastructure; already a partner on Téléo (station/pylon design studies) and operates as a delegated project owner / AMO for transit authorities in France and internationally. Closely comparable in mission and client base to Tisséo Ingénierie.
• Artelia: Major French engineering and project management group serving mobility, buildings, energy, and infrastructure; provides AMO and project-owner services for metro, tram, and urban transit authorities comparable to Tisséo's scope.

Others

• Île-de-France Mobilités: Public transport authority for the Paris region that commissions and oversees major transit infrastructure; comparable as a French public-sector counterpart contracting and overseeing similar delegated project-owner arrangements, though larger and jurisdictionally distinct.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/smat

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

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 Tisséo Engineering.