Ryan family sinks €2m into transport firm

Ryan family sinks €2m into transport firm

Galway travel tech specialist CitySwifter specialises in providing innovative tech data for public transport companies that improves the efficiency and service quality of urban transport systems

A fund backed by the family of Ryanair pioneer Tony Ryan is powering a €2 million investment in Galway travel tech specialist CitySwifter as it gears up for its next expansion phase.

The major funding round is led by Irelandia Investments which is run by Declan Ryan, along with venture firm Act, former Cartrawler boss Mike McGearty and other Irish transport entrepreneurs.

McGearty has been appointed chairman of CitySwifter and Irelandia’s investment director Michael Lynch has...

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