Technology company routeRank providing IT solutions for travel and mobility is acquired by Netcetera – Venturelab




08.07.2022 17:21, Guillaume Tinsel






As part of the strategic merger, the two companies will provide IT solutions for multimodal mobility worldwide. The routeRANK technology company established in 2006 provides multimodal mobility portals as an IT service. Unlike other solutions, they address the entire door-to-door journey by integrating all the modes of transport concerned and their numerous multimodal combinations. In 2007, routeRank won Venture Kick, participated in Venture Leaders Technology and was shortlisted for the TOP 100 Swiss Startups Awards in 2011 and 2012. We interviewed CEO Jochen Mundinger about his entrepreneurial journey and challenges.

Through fully controlled subsidiaries, Netcetera offers its customers IT services and digital products. This includes the development and implementation of individualized software specified for the needs of its customers (custom software). Clients come from the finance and transport sectors as well as the media and healthcare sectors. With the acquisition of routeRANKNetcetera strengthens its transport offer.

Jochen Mundinger, who remains president and CEO of routeRANK, said: “I am delighted with the opportunity the acquisition will provide for our continued growth. There is a strong complementarity between the technical profiles of the two companies as well as a strong compatibility in terms of corporate culture. We will benefit from Netcetera’s existing structure, resources and channels. This will also allow us to better support our customers. »

Oliver Aeschlimann, Head of Product & Market Strategy Digital Enterprise says: “With this strategic expansion of our portfolio in the field of intelligent mobility, we are able to provide our customers with new and comprehensive solutions. From door-to-door multimodal route planning, travel information provision and ticketing, we can cover the full range of mobility services. The flexibility, speed and accuracy of the routeRANK platform allows us to expand our offering for transport companies as well as for our customers’ corporate mobility based on their needs, such as minimizing CO2 emissions.

“We have been impressed with the achievements of routeRANK, and are delighted to have the routeRANK team join the Netcetera Group,” said Gabriele Brechbühl, Managing Director of Digital Business at Netcetera. “The new Lausanne site also gives us access to IT talent from French-speaking Switzerland. We are happy to be an employer in French-speaking Switzerland and to be able to offer a pleasant workplace.”

In 2007, routeRank won Business Kicktake part in Company-Leading Technologyand was selected for the TOP 100 Swiss startups in 2011 and 2012.

We interviewed CEO Jochen Mundinger about his entrepreneurial journey and challenges.

Jochen, how will the acquisition by Netcetera help you achieve your vision?
This will help us grow more and do it faster. Netcetera has already put in place structures, resources and channels that we should have put in place. The two companies are complementary in terms of technical training and there is a complementarity in terms of corporate culture. This will also allow us to better support our customers and increase our impact to make mobility more sustainable.

You won Venture Kick in 2007. How did that help lay the foundation for your growth and accomplishments today?
Venture Kick was an important first step. It has contributed funding, directly through the grant and indirectly by encouraging additional investors, as well as providing additional credibility and visibility in general.

You also participated in Venture Leaders in 2007 and were selected for the TOP 100 Swiss Startups Awards in 2011 and 2012. What effect has this had on your fundraising strategy?
Venture Leaders helped learn about funding and other startup topics. I also met a number of relevant people there, in Switzerland and abroad.

When and what was your inspiration to found routeRank?
In 2006, I was planning a conference trip. Once too many times, it just took me too long to put it all back together. As a mathematician, I saw the underlying problem of planning multimodal routes, according to different priorities like price, travel time and CO2 emissions, and it was clear to me that I wanted to build a solution for this.

What advice would you give to potential software entrepreneurs starting their business in Switzerland today?
Just do it.

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The technology company routeRANK (2006) provides multimodal mobility portals as an IT service. Unlike other solutions, they address the entire door-to-door journey by integrating all modes of transport… Read more









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