Spare

Vancouver-based Spare has secured a contract with TransLink to modernize HandyDART, Metro Vancouver’s door-to-door accessible transit service handling more than 1.2 million annual trips. The deal replaces decades-old systems with a digital platform enabling online booking, real-time tracking, and service updates.

TransLink CEO Kevin Quinn called HandyDART a lifeline central to its Customer-First Plan. Spare’s software unifies registration, dispatch, routing, and reporting, improving oversight and performance. CEO Kristoffer Vik Hansen said technology strengthens rider independence. The partnership may guide other agencies. Spare raised $42 million Series B in 2024.

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Vancouver-based Spare has successfully closed its Series B funding round, raising $42 million. Led by Inovia Capital, with participation from Kensington Capital and Nicola Wealth, this funding will help Spare meet the growing demand for innovative transit solutions, particularly in the paratransit sector.

Spare’s AI-driven platform is used by major transit agencies, including Dallas Area Rapid Transit and Bay Area Rapid Transit, to modernize services. The new capital will support Spare’s global expansion and platform development. CEO Kristoffer Vik Hansen expressed gratitude to Inovia for their ongoing support since Spare’s inception in 2015.

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