CompaniesSoftware & AIMasabi Group Limited
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Company intelligence · Prepared from public filings

Masabi Group Limited

ACTIVENo. 04260927Incorporated 27 Jul 2001Londontransit ticketing software
Register data as of 27 Aug 2026
36 filings read · view all sources ↓
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Raised, filed rounds
£45.9m
Priced rounds
9
Peak step-up
1.3x
Peak implied valuation
£59.0m
Last allotment
Feb 2022
Exhibit 1

Implied valuation at each priced allotment, 2009 to 2022

Implied post-money, GBP · price per share beneath each point · from SH01 filings
£10.0m£100.0m201020122014201620182020202225 Feb 2010: £1.8m implied post-money at £50.31 per share25 May 2012: £14.1m implied post-money at £258 per share20 Nov 2012: £18.1m implied post-money at £284 per share8 Mar 2013: £18.4m implied post-money at £288 per share21 Jun 2014: £21.4m implied post-money at £288 per share20 Oct 2015: £33.4m implied post-money at £344 per share15 Feb 2020: £32.3m implied post-money at £144 per share28 Feb 2022: £59.0m implied post-money at £143 per share£1.8m£50.31/sh£14.1m£258/sh£21.4m£288/sh£33.4m£344/sh£32.3m£144/sh£59.0m£143/shDown round: priced 58% below the prior round
Source: Companies House, forms SH01 filed by Masabi Group Limited; Tero analysis. Each point is one filed allotment; click any point to open the underlying filing.
Exhibit 2

Funding rounds, as filed

AllottedShare classPrice / shareRaisedImplied post-moneyStep vs priorSource
28 Feb 2022SERIES D1, SERIES D4, SERIES D5, ORDINARY£143£28.5m£59.0m· 1.0xSH01 ↗
15 Feb 2020Series C Preferred£144£4.0m£32.3m▼ 0.42xSH01 ↗
20 Oct 2015Ordinary, A Ordinary, B Ordinary£344£7.7m£33.4m▲ 1.2xSH01 ↗
21 Jun 2014Ordinary, A Ordinary£288£2.5m£21.4m· 1.0xSH01 ↗
8 Mar 2013Series B Preference£288£520k£18.4m· 1.0xSH01 ↗
20 Nov 2012Series B Reference, Ordinary£284£1.3m£18.1m▲ 1.1xSH01 ↗
25 May 2012Series B Preference£258£1.2m£14.1m▲ 5.1xSH01 ↗
25 Feb 2010Ordinary£50.31£50k£1.8m▲ 50.3xSH01 ↗
28 Sept 2009Ordinary£1.00£278firstSH01 ↗
Total, 9 priced rounds£45.9m
Source: Companies House filing history, company 04260927. Every row links to the filed document it was read from. Prices and share counts as filed; implied post-money is price per share times shares in issue after the allotment.
Methodology
Notes. Raised is the sum of shares allotted times price per share across priced allotments filed on form SH01. Peak step-up is the highest price per share divided by the first priced round. Implied post-money is price per share times shares in issue after the allotment: an approximation that ignores class rights and unexercised options. Allotments classified as option-scheme or nominal issues are excluded from the trajectory.
Primary documents
Every figure on this page is read from a document filed at Companies House and links to it. The full record is public: filing history of Masabi Group Limited at Companies House ↗. Tero retains an archived copy of each parsed filing. Information, not investment advice.