Transit Tech Company Via Raises $110M At $3.5B Valuation

Feb 13, 2023•almost 3 years ago

Amount Raised

$110 Million

New Yorkinformation technology & servicesTransportationSoftware

Investors

Ion Crossover PartnersRiverpark VenturesPlanven Entrepreneur VenturesCf Private EquityJanus HendersonPitangoExor N.V.83 North

Description

On-demand shuttle service and transit tech company Via has raised another $110 million, bringing the company’s total funding to around $1 billion. The fresh capital pushes Via’s valuation up to $3.5 billion at the same price per share as the company’s previous financing in November of 2021.

Company Information

Company

Via Transportation

Location

10 Crosby Street, 2nd Floor

New York, New York, United States

About

Via Transportation is a technology company that provides efficient and smart transportation solutions. It specializes in on-demand transit services to enhance urban mobility. The company uses sophisticated algorithms to optimize routes for shared rides. Via is dedicated to improving transportation accessibility in cities worldwide.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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