With a combination of enterprise software, mobile apps, and SaaS, UFT, a Luxembourg-based company, is revolutionising the European public transportation industry. The startup is redefining the concept of ride sharing, making it more accessible, efficient, and impactful for individuals and communities. By developing and commercialising on-demand ridesharing technology for transit operators and authorities, UFT is poised to disrupt how we look at public transport.
Acquired by Cube4T8, UFT’s end-to-end SaaS platform has been embraced by Europe’s largest operators and transport authorities, highlighting the viability and value of their technology. This innovative system utilises a proprietary matching and routing algorithm that optimises the allocation of fleet demand, thus considerably enhancing fleet productivity and reach. From public transport to school transport and taxi sharing, UFT’s platform is vehicle and use case agnostic making it versatile and resilient.
- UFT’s platform optimises fleet allocation and demand, resulting in enhanced productivity and reach.
- The system is vehicle and use case agnostic, making it adaptable across various mobility services, improving mobility access for all.
- Operators report a 20-30% increase in productivity due to the automation of their workflow by the UFT platform, which reduces excess fleet capacity, cuts fixed costs and emissions.
- UFT already has customers in Luxembourg, Austria, Italy and Portugal and is actively expanding.
What sets UFT apart in the crowded startup landscape is its commitment to both efficiency and inclusivity. Its system is designed to serve various mobility services, being vehicle and use case agnostic. It caters to public transport, paratransit for persons with reduced mobility, school transport, and taxi sharing among others. This broad approach to mobility ensures that no group is left out, including the mobility impaired, school children, and those who rely on public transport.
Moreover, UFT’s system allows operators to automate their workflow. With a few mouse clicks, operators can manage their fleet more efficiently, resulting in significant cost and emission reductions. By helping to cut fixed costs and limiting distance driven, operators have reported a 20-30% increase in productivity due to the introduction of the UFT platform.
As the need for efficient, accessible, and sustainable transportation continues to grow, UFT and its technology stand at the forefront of this transformation in the European transportation industry. By actively expanding its customer base across Europe, UFT is positioning itself as a leading force in public transportation modernisation.
With the support of Cube4T8, a Luxembourg-based mobility company, UFT’s technology is set to play an essential role in the future of public transportation. UFT was founded by Jean-Luc Rippinger and Nicolas Back, two engineers dedicated to improving mobility services to the point that people prefer them over their private car. This commitment to convenient mobility combined with the reduction of per capita greenhouse gas emissions positions UFT as not just a startup to watch, but a company providing essential solutions to Europe’s transportation needs. You can connect with UFT via their website www.uft.lu and LinkedIn page here.
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