Via, a New York-based TransitTech company, acquired Citymapper, a UK-based journey planning app.
The amount of the deal was not disclosed.
Citymapper empowers transit riders with the ability to navigate the urban transport network through intuitive and beautifully designed apps. By integrating Citymapper into its platform, Via will be able to connect all elements of a transit system, offering a unified solution for cities, transit agencies, and riders.
Founded in 2012 and led by CEO Azmat Yusu, Citymapper enables users across the world to plan their journeys – using a combination of public transit, walking, cycling, scooters, taxis, and other locally available options. It has been used by more than 50M users in over 100 cities. Users can plan a trip based on the criteria — transit mode, arrival time, trip duration, cost, etc. — that matter most to them, and the app will help them select the best option and navigate their travel in real time. Its technology and algorithms, which incorporate real-time public transit data and take into account information on disruptions and delays, enable a journey-planning experience that offers the most accurate and timely recommendations.
Led by CEO Daniel Ramot, Via uses new technologies to develop public mobility systems — optimizing networks of buses, shuttles, wheelchair accessible vehicles, school buses, autonomous vehicles, and electric vehicles around the globe. Via combines software innovation with service design and operational expertise to improve the way the world moves, providing technology in 600 communities and more than 35 countries and counting.
FinSMEs
16/03/2023