Luminii provides CDD to Maven on their investment in Liftango

19 Jan 2022 /

Luminii are delighted to have provided commercial due diligence (CDD) support to Maven on their investment in Liftango, a cloud-based technology platform which enables transport operators to optimise route planning in real-time, based on passenger demand.

Liftango’s technology centres around its three core products, on-demand bus (ODB), fixed-route shuttles and carpool. The ODB and fixed-route cloud-based platform allows public and corporate transport operators to manage their services on a single platform. This unique offering is a first for fleet operators and provides their passengers with a more personalised service whilst optimising vehicle scheduling and routing to improve fleet efficiency.

Maven led a GBP5.5 million funding round for Liftango, a cloud-based technology platform which enables transport operators to optimise route planning in real-time based on passenger demand.

"Luminii are delighted to have supported Maven on this transaction. This is yet another deal that helps to further strengthen our credentials in the TMT and software sectors. We wish Maven and Liftango's management team continued success for the future." - Lushani Kodituwakku, Managing Director, Luminii Consulting

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  • We engaged Luminii for Commercial Due Diligence support on one of our recent investments and we were highly impressed with their high-quality report, professionalism, and flexibility. Luminii were able to address our key questions and due diligence requirements against a tight deadline. They conducted a robust primary research programme, consisting of referencing and surveys and we appreciated their timely updates throughout our engagement. Luminii's team is highly collaborative, showcased by how they worked with us as well as the Management team, other advisors, and our lenders, which we appreciated. We would not hesitate to recommend their services and look forward to working with them again in the future.

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  • Luminii Consulting proved themselves to be a highly flexible and dedicated team who delivered a high quality CDD report in a complex tech sector. They were able to cover a wide scope across multiple geographies to a strict deadline and provided us with the required insight and strategic advice to make an informed decision. We appreciated their effort and enjoyed working with the Luminii team.

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  • Lushani and her team at Luminii delivered a high quality CDD report that exceeded our expectations. We were particularly pleased with the post deal recommendations and informed opinions contained within the report. We wouldn't hesitate to use Luminii's services again on future projects.

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  • We engaged Luminii Consulting for a very targeted piece of commercial diligence in a very short timeframe. Luminii produced an outstanding report exactly on scope in what is a niche market segment. Moreover they managed to produce it in a very short period of time which was essential to getting the deal done.

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