Via News
75 articles
growth-positive
A Fresh Look at Via Transportation (VIA) Valuation Following Recent Share Price Gains
Via Transportations shares rose by 2.7% on Tuesday, drawing investor attention despite a lack of major news. The companys share price has recently outperformed its year-to-date performance, indicating growing momentum. Investors are debating whether the company is trading at a discount or if its growth outlook is already priced in. Vias price-to-sales ratio of 10.2x is significantly higher than the industry average, suggesting a premium is being paid for its growth prospects. However, with annual net losses and a 6.6% intrinsic discount, any slowdown in revenue growth could alter the narrative. The stock is currently trading above its estimated fair value according to a DCF model.
growth-positive
Via Renewables, Inc. Announces Dividend on Preferred Stock
Via Renewables, Inc., an independent retail energy services company, announced a quarterly cash dividend of $0.67151 per share on its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock. The dividend will be paid on January 15, 2026, to holders of record as of January 1, 2026. The company has transitioned from the Three-Month LIBOR to the Three-Month CME Term SOFR as the benchmark rate for its Series A Preferred Stock, following the end of LIBOR publication. Via Renewables operates in 21 states, offering residential and commercial customers alternative energy choices. The announcement is seen as growth-positive, reflecting the companys stable financial position and commitment to shareholder returns.
growth-positive
CEO: AI and defense demand are remaking the space economy
The space economy is experiencing sustainable growth in 2025, driven by defense demand, AI breakthroughs, and commercial traction. Space Capitals latest report shows $5.8 billion invested in Q3, with $49 billion over the past 12 months. The focus has shifted from speculative investments to dual-use capabilities, with significant investment in national security applications. The Space Forces budget is expected to increase significantly, boosting investment in satellite manufacturing and defense-centric capabilities. Venture capital firms are leading the investment activity, indicating a durable market. Googles launch of AlphaEarth Foundations marks a significant development in integrating AI with space-based data.
InvestmentCustomersPartners
growth-positive
Via to Announce Third Quarter 2025 Financial Results on November 13, 2025
Via Transportation, Inc. announced that it will release its third quarter 2025 financial results on November 13, 2025, before the U.S. financial markets open. The company will also host a conference call to discuss these results. Via is a technology company that transforms public transportation systems into dynamic networks using data and demand. Its platform is used by hundreds of cities in over 30 countries to improve transit systems. The announcement is part of Vias strategy to maintain transparency and comply with disclosure obligations. The company is positioned as a key player in modernizing public transportation globally.
growth-positive
Netflix upgraded, Dollar Tree downgraded: Wall Street's top analyst calls
Jefferies upgraded AMD to Buy from Hold, raising the price target from $170 to $300. This upgrade is driven by OpenAIs plans to purchase six gigawatts of AMD equipment, which significantly changes AMDs AI narrative. The acquisition of such a large volume of equipment by OpenAI is expected to positively impact AMDs growth, reflecting the companys strong position in the AI technology market. The upgrade suggests confidence in AMDs potential for continued momentum and growth in the AI sector.
Customers
growth-negative
Examining Via Transportation (VIA) Valuation as Share Momentum Weakens in the Tech Sector
Via Transportations shares have recently slipped, reflecting a broader trend of mixed performance among tech stocks. The companys current price-to-sales ratio is 9.6x, which is significantly higher than the average in the US software sector. This premium valuation suggests optimism about future revenue growth, but it also raises concerns about whether the stock is priced for aggressive expectations. Despite the high valuation, continued losses and limited visibility into revenue growth present challenges for bullish expectations. Investors are weighing the potential for future growth against ongoing risks, questioning whether the current share price represents an undervalued opportunity or if the market has already accounted for the companys prospects.
growth-positive
EquiDeFi Reports Uptick in Dealmaking Activity in Private and Reg A+ Offerings Tracking Recent IPO Upswing - 4 New Deals Launched in September
EquiDeFi, a leader in digital offering technology, announced the launch of new stablecoin and cryptowallet infrastructure, alongside new Plaid Accreditation Channel. The company facilitated four new private capital raises totaling approximately $100 million, using its platform for private offerings. Six companies went public, raising $4.4 billion, signaling a rebound in IPOs. EquiDeFi is also developing an AML/KYC Authentication token for secure crypto wallets, expected in 2026, to enhance regulatory confirmations. The company is leveraging identity management and smart contracts to streamline the accreditation and KYC process, aligning with web3 standards.
Product StageInvestment
growth-negative
RideCo Statement in Response to Via Transportation Press Release
RideCo, a leader in on-demand transit solutions, is responding to a legal challenge from Via Transportation, Inc. The court has reduced Vias damages claim by over 85% and invalidated one of its patents. RideCo has already removed the feature in question from its microtransit services and plans further design changes to avoid patent infringement. The litigation affects only a small part of RideCos business, with its main operations in paratransit and other microtransit services continuing to grow. RideCo remains committed to innovation and legal compliance, and will appeal the decision while maintaining service quality.
growth-positive
Market Chatter: Goldman Sachs Launches Liquid IPO Basket to Track Recent Listings
Goldman Sachs has launched a new financial product called the Liquid IPO Index through its trading desk. This index is designed to track the performance of initial public offerings (IPOs) in the market. The introduction of this product is seen as a growth-positive move for Goldman Sachs, as it expands its offerings in the financial services sector. The Liquid IPO Index is expected to provide investors with a new tool to gauge the performance of IPOs, potentially attracting more clients to Goldman Sachs trading services. The launch of this index indicates that the product is in the released stage.
Product Stage
growth-positive
Waymo and Via Struck Robo-Taxi Deal. Tesla Is Falling Behind.
Waymo has entered into a partnership with Via to advance their robo-taxi services. This collaboration follows Waymos recent announcement with Lyft to deploy self-driving taxis in Nashville. The partnership is seen as a strategic move to enhance Waymos position in the autonomous vehicle market, especially as Tesla appears to be lagging behind in this sector. The deal is expected to bolster Waymos growth and market presence, leveraging Vias expertise in transportation solutions. This development highlights the competitive landscape in the self-driving car industry and Waymos proactive approach to securing partnerships that can accelerate its technological and market advancements.
Partners
growth-positive
Waymo-Via Deal Puts Robotaxis Inside Chandler Transit This Fall
Via Transportation, Inc. has announced a strategic partnership with Alphabet Inc.s Waymo to integrate fully driverless ride-hailing into public transit networks, starting with Chandler, Arizona. This collaboration allows public agencies to incorporate Waymos autonomous vehicles into their existing systems using Vias software, providing a seamless experience for riders. The partnership aims to enhance public transit by offering cutting-edge technology and improving accessibility. Vias software, already supporting networks in over 30 countries, will now include Waymos autonomous fleet, potentially increasing efficiency and safety. The announcement led to a 5% increase in Vias share price.
Partners
growth-positive
Waymo and Via Announce Strategic Partnership to Advance AVs in Public Transit
Via, a leader in technology for government transit systems, has partnered with Waymo, an autonomous driving technology company, to integrate Waymos autonomous ride-hailing service into public transit networks using Vias software. This strategic partnership aims to enhance mobility, reduce operating costs, and improve safety outcomes for public transit riders. Chandler, Arizona, will be the first city to implement this framework, incorporating Waymos service into its Chandler Flex microtransit service. Vias technology, which powers transit systems in hundreds of cities worldwide, will enable the seamless integration of Waymos vehicles into existing fleets, allowing for real-time route adaptation based on passenger demand. This collaboration sets a precedent for other cities to adopt similar models, promoting sustainable and accessible transportation systems.
Partners
growth-positive
Via, Waymo Team Up to Bring Robotaxis to Public Transit Systems
Via Transportation has partnered with Alphabets Waymo to integrate robotaxis into public transit systems, beginning with a suburb of Phoenix. This collaboration aims to enhance public transportation by leveraging Waymos autonomous vehicle technology. The partnership is expected to be growth-positive for Via, as it expands its service offerings and taps into the growing demand for innovative transit solutions. The initiative marks a significant step in the integration of autonomous vehicles into everyday public transport, potentially setting a precedent for future collaborations in the industry.
Partners
growth-positive
Via Awarded Ongoing Royalties and Supplemental Damages Against RideCo in Patent Infringement Lawsuit
Via Transportation, Inc., a leader in microtransit, has been awarded a 10% running royalty on all future U.S. sales of RideCo, Inc.s infringing products by the U.S. District Court for the Western District of Texas. This decision follows a unanimous trial victory where RideCo was found to have infringed on three of Vias patents related to virtual bus stop technology. The court also awarded supplemental damages for pretrial infringement. RideCos attempts to overturn the verdict were rejected, and the court held open the possibility of enjoining RideCo from selling its infringing product if they fail to make royalty payments. Vias Chief Legal Officer, Erin Abrams, emphasized the importance of this ruling in protecting their intellectual property and innovation.
growth-negative
Via Renewables Announces a Redemption of 287,294 Shares of Its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock
Via Renewables, Inc., an independent retail energy services company, announced the redemption of 287,294 shares of its 8.75% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Stock. The redemption price is set at $25.00 per share, plus accumulated and unpaid dividends, with the redemption date set for October 15, 2025. The shares are issued in book-entry form through The Depository Trust Company, and Equiniti Trust Company will act as the transfer agent for the redemption process. The announcement includes forward-looking statements regarding various business aspects, including cash flow, growth prospects, and financial position. The redemption is part of the companys financial strategy, but it may have a growth-negative impact due to the outflow of cash.
growth-positive
"Via’s IPO comes at a turning point for tech. The pendulum is swinging away from incremental SaaS toward companies tackling humanity’s biggest challenges through hard infrastructure," writes Lior Prosor, a Founding Partner at Hanaco Ventures.
Via Transportation recently went public with an IPO, marking a significant milestone for the company. The IPO highlights Vias transition from a consumer-facing shared shuttle app to a comprehensive platform for public transit, addressing inefficiencies in a $500+ billion industry. With a run-rate of over $450 million in annual recurring revenue and a growth rate exceeding 30% year over year, Via is well-positioned for long-term growth. The company maintains its R&D and product core in Israel, with over 500 engineers contributing to its technology. This strategic decision has fostered resilience and loyalty among its teams. Vias IPO reflects a broader shift in the tech industry towards companies addressing substantial infrastructure challenges.
Public Trading
growth-positive
Best-Performing Leveraged ETF Areas of Last Week
The article discusses the recent performance of the U.S. stock market, highlighting a positive trend despite challenging economic indicators. The S&P 500, Dow Jones, and Nasdaq Composite all saw gains, driven by hopes of a Federal Reserve rate cut and resilience in corporate strength. The University of Michigans Survey of Consumers showed a decline in consumer sentiment, while inflation rates increased, driven by higher gasoline and food prices. Job growth was lower than expected, with notable gains in healthcare and social assistance sectors, but losses in wholesale trade and manufacturing. Overall, the market remained buoyant, supported by the ongoing tech boom and reduced trade tensions.
growth-positive
Via Announces Pricing of Initial Public Offering
Via Transportation, Inc., a leading provider of technology for public transit networks, announced the pricing of its initial public offering (IPO) of 10,714,285 shares of Class A common stock at $46.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol VIA on September 12, 2025. The offering includes 7,142,857 shares offered by Via and 3,571,428 shares by selling stockholders, with an option for underwriters to purchase an additional 1,607,142 shares. The IPO is managed by a consortium of financial institutions, including Goldman Sachs and Morgan Stanley. Vias platform is used by cities worldwide to enhance public transportation systems.
Public Trading
growth-positive
Gemini Stock Pops in Volatile Debut. It’s Another Win for the Winklevoss Twins.
Gemini Space Station, a crypto brokerage firm run by Cameron and Tyler Winklevoss, experienced a significant surge in its stock price during its initial public offering (IPO). The stock price increased by 45% to nearly $41 per share after trading began, following the IPO pricing at $28 per share, which was above the expected range. This successful debut marks another achievement for the Winklevoss twins in the cryptocurrency space.
Public Trading
growth-positive
NYSE Content Advisory: Pre-Market Update + Via prices IPO above range at $46
Via Transportation has successfully priced its Initial Public Offering (IPO) above the expected range at $46 per share, marking a significant milestone as it begins trading on the New York Stock Exchange (NYSE). This event is part of a broader market trend where equities are experiencing mixed movements, with the Dow reaching a record high and the S&P 500 seeing gains. The IPO is expected to positively impact Via Transportation, which collaborates with cities and governments to enhance public transit through technology. The event coincides with broader economic indicators, such as a rise in consumer prices and signs of a cooling labor market.
Public Trading
growth-positive
Crunching the numbers on this week's IPO performances
Gemini Space Station, along with Black Rock Coffee Bar, is set to begin publicly trading, joining a series of IPOs in 2025. The article highlights the performance of recent IPOs, including companies like Klarna, Figure Technology Solutions, and others. Geminis stock saw a 17% increase from its IPO price, indicating a positive market reception. The article also discusses the broader IPO market trends, noting a resurgence in IPO activity after a downturn in 2022. However, it cautions investors about the typical post-IPO price declines, suggesting potential buying opportunities at lower prices.
Public Trading
growth-positive
Via Transportation raises $493m in Wall Street IPO
Via Transportation, an Israeli smart public transport and mobility solutions company, successfully raised $493 million in an initial public offering (IPO) on the New York Stock Exchange. The company sold 10.7 million shares at $46 each, surpassing its expected pricing range, and achieved a valuation of $3.65 billion. The IPO was led by major investment banks including Goldman Sachs and Morgan Stanley. Via, which began as a shared transport app, now provides software solutions to urban transport authorities, enhancing public transport systems. The company operates in hundreds of cities across 30 countries and reported a revenue increase of 27% in the first half of 2025. Despite a net loss, the IPO marks a significant milestone for Via.
PIPE/PO
growth-positive
The Israeli smart public transport and mobility solutions company plans to issue shares at a price between $40 and $44.
Via Transportation, an Israeli smart public transport and mobility solutions company, is preparing for an initial public offering (IPO) on the New York Stock Exchange. The company plans to issue 10.7 million A-type shares priced between $40 and $44, aiming to raise between $286 million and $314 million. Existing shareholders will also sell shares, bringing the total potential raise to between $428 million and $471 million. The IPO, led by major investment banks including Goldman Sachs and Morgan Stanley, could value Via at $3.2-3.5 billion. Via, founded in 2012, has evolved from a shared transport app to a provider of software solutions for urban transport systems, operating in hundreds of cities across 30 countries.
Public Trading
growth-positive
Shares priced at $40–$44 apiece would bring in $471 million for the company and investors.
Via Transportation, a transit technology company, is planning an IPO with a target valuation of up to $3.5 billion. The company aims to raise $471 million by offering 10.7 million shares priced between $40 and $44 each. The IPO is part of a broader recovery in the IPO markets, driven by strong tech earnings and potential interest rate cuts. Vias financial performance has improved, with revenue growth and reduced losses. The company provides technology for optimizing public transit systems and has 689 customers in over 30 countries. Major shareholders include Daniel Ramot, 83North, and Pitango. Wellington Management is interested in purchasing up to $100 million worth of shares.
Public TradingInvestmentCustomers
growth-positive
Israeli transit-tech firm eyes Wall Street listing after hitting $338 million revenue in 2024 and cutting losses by over 20%.
Via, an Israeli transit-tech firm, is planning an IPO in New York after achieving significant financial improvements. The company reported a revenue of $337.6 million in 2024, a 36% increase from 2023, and reduced its annual losses from $117 million in 2023 to $90.6 million in 2024. Vias platform offers comprehensive solutions for public transportation, serving 689 customers across 30 countries. The company was last valued at $3.5 billion in a 2023 fundraising round led by 83North. Major shareholders include Daniel Ramot, Arnon Dinur, Pitango, and 83North. Vias market potential remains vast, with its current customer base representing only 1% of its target market.
Public TradingCustomersInvestment
growth-positive
אחרי הפסד של מיליארד דולר, ויה מקווה שהאוטובוס שלה יעבור בוול סטריט
Via, a company co-founded by Daniel Ramot and Oren Shoval, is preparing for an IPO. Despite a significant loss of one billion dollars, Via is optimistic about its future on Wall Street. The company has reported revenues of 380 million dollars but is currently experiencing negative cash flow. Vias journey from academic beginnings to entrepreneurship highlights its commitment to innovation and growth in the transportation sector. The IPO is seen as a strategic move to bolster its financial standing and expand its market presence.
Public Trading
growth-positive
Via Files Registration Statement for Proposed Initial Public Offering
Via Transportation, Inc., a leading provider of technology for public transit networks, has filed a registration statement with the SEC for a proposed initial public offering (IPO) of its Class A common stock. The company plans to list its shares on the New York Stock Exchange under the ticker symbol VIA. The offerings size and price range have not been determined yet. The IPO is subject to market conditions, and there is no assurance of its completion. Vias platform is used by cities and transit agencies worldwide to enhance public transportation systems, making them more efficient and cost-effective.
Public Trading
growth-negative
ההפסד השנתי של חברת טכנולוגיית התחבורה בסוף 2024 עדיין משמעותי ועומד על כ-90 מיליון דולר - ירידה של 23% מ-116 מיליון דולר ב-2023 ● בגיוס ההון הפרטי האחרון של ויה, בפברואר 2023, עמד שווי החברה על 3.5 מיליארד דולר
Via Transportation, an Israeli transportation technology company, is preparing for a potential IPO after filing a confidential prospectus. Despite a significant annual loss of $90 million in 2024, down from $116 million in 2023, the companys revenue increased from $248.8 million in 2023 to $337.6 million in 2024. The company has raised close to $900 million since its inception in 2012, with a valuation of $3.5 billion as of February 2023. Major shareholders include Exor, 83North, Pitango, and Calvin. Vias business model has shifted from operating ride services in major cities to providing smart transportation management systems for municipal authorities and other institutions.
Public TradingInvestment
growth-positive
/PRNewswire/ -- Via Transportation, Inc. ("Via"), a leading provider of technology to power public transit networks, today announced that it has filed a...
Via Transportation, Inc., a leading provider of technology for public transit networks, has filed a registration statement with the SEC for a proposed initial public offering (IPO) of its Class A common stock. The company plans to list its shares on the New York Stock Exchange under the ticker symbol VIA. The offering is subject to market conditions, and the number of shares and price range have not been determined yet. The IPO is being managed by several major financial institutions, including Goldman Sachs, Morgan Stanley, and others. Vias platform is used by hundreds of cities across more than 30 countries to enhance public transportation systems.
Public Trading
Transit-tech firm Via reveals revenue gains in US IPO filing
growth-positive
The Israeli transport solutions company has given no details of the size of the offering, but last time it raised money was at a company valuation of $3.5 billion.
Via Transportation, an Israeli public transport and mobility solutions company, has confidentially filed a prospectus with the US SEC for an IPO on Wall Street. This marks Vias second attempt at a flotation after a previous attempt in 2021 was abandoned due to unfavorable market conditions. The company, which operates in 35 countries using a smart algorithm for efficient transportation systems, last raised funds at a valuation of $3.5 billion. If successful, Via will be the second Israeli company to IPO in the US this year, following fintech company eToro. The IPO market has shown signs of revival in 2025.
Public Trading
growth-positive
Public transit tech firm eyes Wall Street debut after shelving earlier offering.
Via Transportation has confidentially filed a draft prospectus with the SEC for an IPO, aiming to go public after previously shelving an offering. The company, valued at $3.5 billion in its latest funding round in February 2023, raised $110 million. Via provides digital infrastructure for public mobility, operating in over 650 cities globally. The company acquired UK-based Citymapper for $100 million and has raised a total of $1 billion since its inception. Vias technology is used in major cities and entire regions, enhancing public transit solutions. The IPO details, including the number of shares and price range, are yet to be determined.
Public TradingInvestmentAcquisitionCustomers
growth-positive
Transit software startup Via confidentially files for an IPO | TechCrunch
Via, a transit software startup known for its on-demand shuttle service, has confidentially filed for an initial public offering (IPO). The company, which initially struggled to gain interest from cities, has grown significantly and now provides transit software to over 650 cities worldwide. Vias dynamic routing algorithm, which uses real-time data, has been a key factor in its success. The company last raised $110 million in 2023, bringing its total funding to $1 billion and its valuation to $3.5 billion. The IPO filing marks a significant step in Vias growth trajectory.
Public TradingInvestment
growth-positive
/PRNewswire/ -- Via Transportation, Inc. today announced that it has confidentially submitted a draft registration statement on Form S-1 with the Securities...
Via Transportation, Inc. has confidentially submitted a draft registration statement on Form S-1 with the SEC for a proposed initial public offering (IPO) of its common stock. The number of shares and the price range for the offering have not been determined yet. The registration statement will become effective after the SECs review, subject to market conditions. This announcement is in accordance with Rule 135 under the Securities Act of 1933. The move indicates Vias intention to go public, which could potentially enhance its growth and market presence.
Public Trading
growth-positive
With successful investments in Israeli companies like Via and Ibex, the Swiss fund strengthens its regional presence amid plans for a fourth fund.
Planven, a Swiss venture capital fund, is expanding its operations in Israel by appointing Eran Westman as Managing Partner for its local operations. The fund, which has invested in Israeli companies like Via and Ibex, is planning to raise a new fund of over $100 million. Planven currently manages $300 million across three funds, focusing on early-stage investments in sectors such as cybersecurity and medicine. The appointment of Westman, who has extensive experience in driving company growth and managing investments, marks a significant step in strengthening Planvens regional presence. The funds strategy includes targeting companies with initial revenue streams and expanding its investment portfolio in Israel and Europe.
InvestmentManagement Changes
growth-positive
Via prevails against RideCo as Virtual Bus Stop technology patents are upheld by the USPTO
The USPTO Patent Trial and Appeal Board has upheld patents for the Virtual Bus Stop technology invented by Via, a global leader in TransitTech. The technology is the foundation for efficient, on-demand dynamic routing for shared ride vehicles. Via has been developing this proprietary technology since 2012. The rulings mean that Via will continue to defend its intellectual property and proceed with patent infringement litigation against RideCo, which Via claims has used its patented technology without a license. Via seeks damages and injunctive relief against RideCo.
CustomersPartners
growth-positive
TransitTech unicorn Via acquires UK's Citymapper for $100 million | CTech
Israeli TransitTech startup Via has acquired UK-based journey planning app and transit technology company Citymapper. The acquisition will allow Via to integrate Citymapper into its platform and offer a unified solution for cities, transit agencies, and riders. The cost of the acquisition is estimated to be around $100 million. Via raised $110 million at a $3.5 billion valuation last month. Vias software helps cities and transit agencies plan and operate their public transit networks, while Citymapper provides intuitive apps for transit riders to navigate urban transport networks. All of Citymappers employees will join Via as a result of the acquisition.
Acquisition
growth-positive
TransitTech unicorn Via raises $110 million at $3.5 billion valuation | CTech
Via, an Israeli TransitTech company, has raised $110 million at a valuation of $3.5 billion. The funding will be used to expand its product suite and further its vision of providing end-to-end digital infrastructure for public mobility. The round was led by 83North, with participation from new and existing investors. Via ended 2022 with an annualized revenue run-rate of over $200 million, doubling since its previous financing round. The company is ready to go public but is waiting for the right timing. Vias products are used by over 600 communities globally to improve access to efficient and sustainable public transportation.
InvestmentExpand
growth-negative
Bubble and TikTak ridesharing to halt operations
Ridesharing services Bubble and TikTak in Tel Aviv and Jerusalem are closing down at the end of December. The Ministry of Transport has accepted the request to not extend the trial service under the current subsidy terms. The resources will be allocated for expanding scheduled public transport. Passengers with remaining journeys will be reimbursed. Bubble was operated by Dan bus company and Via, while TikTak was a partnership between Egged and Via. The closure is a growth-negative impact on the company.
PartnersCustomers
N/A
https://www.masstransitmag.com/alt-mobility/shared-mobility/car-sharing/press-release/21273588/via-transportation-via-launches-public-ondemand-shared-rides-in-chandler
The article discusses the use of a security service by www.masstransitmag.com to protect against online attacks.
growth-positive
Israel's Largest Supermarket Chain To Use Via Tech To Manage Distribution
Shufersal, the largest retail group in Israel, has partnered with Via to digitize its middle mile delivery process and create an efficient digital distribution system. Vias software platform will be integrated into Shufersals distribution system, allowing for real-time planning, optimization, tracking, and monitoring of deliveries. The partnership aims to reduce operating costs, improve communication, and streamline the distribution system. Shufersal sees this transformation as a step towards becoming a leader in digital experience. Via, known for its ride-share platform, is entering the logistics space for the first time. The partnership signifies a global market shift in the world of logistics operations.
Partners
growth-positive
Israeli transport solutions co Via files for Wall Street IPO
Israeli transport solutions company Via has submitted a draft registration statement for a proposed IPO of its common stock on Wall Street. The number of shares and their price have not been disclosed. Via operates transport services through an app and smart systems, and despite recent closures, its revenue has risen by tens of percentages over the past year to about $100 million.
Public TradingCustomers
growth-negative
הרכב האוטונומי הגיע לקצה הצוק - ונתן גז כלכליסט
The article discusses the decline of the ride-sharing industry and the failure of autonomous vehicles to revolutionize transportation as once predicted. It highlights the case of Via, a ride-sharing company that recently announced the cessation of its services in New York. The article argues that the business model of ride-sharing companies is falling apart after a decade of operation, with companies retreating from many areas around the world and shedding billions of dollars in market value. It also criticizes the industrys unfulfilled promises of improving environmental quality and reducing traffic congestion.
CustomersManagement Changes
growth-negative
ויה הודיעה לנהגיה על הפסקת שירות הנסיעות המשותפות שלה בניו יורק כלכליסט
ויה, an Israeli transportation company, has announced the suspension of its ridesharing services in New York due to the impact of the COVID-19 pandemic. The company will no longer operate as a direct provider of ridesharing services but will offer more efficient management of public transportation. This decision comes after the companys ridesharing business was severely affected by the outbreak. ויה aims to focus on providing comprehensive public transportation services to municipalities. In November, the company raised $130 million, valuing it at $3.3 billion. ויה develops smart public transportation technologies and serves over 500 customers in 38 countries.
CustomersExpand
growth-positive
TransitTech company Via raises $130 million at $3.3 billion valuation
Israeli TransitTech company Via has completed a $130 million Series G funding round at a post-money valuation of $3.3 billion. The funding round was led by Janus Henderson and included participation from other investors. Via plans to use the proceeds for its preparations to go public. The company is experiencing significant growth and expanding in many markets. Via provides smart public transport solutions and holds more than 50% of the market in which it operates. The global TransitTech category is expected to grow to $1.35 trillion by 2025. Via has also acquired mapping software maker Remix in a $100 million cash and equity deal.
InvestmentPublic Trading
growth-positive
לראשונה בבית חולים בישראל: שירות הסעות דיגיטלי New-Tech OnLine
שיבא-BUS, the internal transportation service of the Sheba Medical Center, will become an on-demand flexible service using Vias smart transportation technology. The partnership aims to improve the internal transportation service and make it flexible and smart. The Via technology will be used to provide real-time information on the שיבא-BUS route and allow users to request rides as needed. The collaboration between Sheba Medical Center and Via will enhance the transportation experience for patients, visitors, and staff. The partnership aligns with Israels vision for healthcare and upgrades the internal transportation system at Sheba Medical Center.
Customers
growth-positive
Via acquires Remix to create the first end-to-end TransitTech solution for cities and transit agencies
Via has announced the acquisition of Remix, a collaborative mapping platform for transportation planning. The acquisition brings together technology solutions to support multimodal planning and operating on-demand and fixed route transit. Via is a leader in TransitTech, providing digital infrastructure for public mobility systems. Remix, founded in 2014, works with local governments across the globe to design transportation systems. The acquisition allows Via and Remix to help cities and agencies respond to changing demands and be flexible, resilient, and responsive. The acquisition represents a growth-positive impact on Via.
Partners
Transportation Startup Via Makes $100 Million Bet on Mapping Company
growth-positive
Israel's Via teams up with insurance giant Sompo to battle car accidents caused by the elderly in Japan
Japanese insurance giant Sompo and Israeli ridesharing company Via have launched a new transport service in Japan aimed at reducing car accidents involving the elderly and traffic congestion. The service, called NORAZA, allows the elderly in the city of Chino to order smart AI-based transport services. The project is part of a Japanese government initiative to incentivize the elderly to give up their driving license. The app will enable residents to travel freely and quickly for various purposes. The payment for the service will be made through a local virtual currency. Via, which raised over $400 million at a valuation of $2.25 billion, operates in 100 cities worldwide. Sompo is the second largest insurance company in Japan and has invested over $20 million in Israeli startups since 2018.
PartnersCustomers
growth-positive
"Customers expect on-demand services and mobility companies need to keep up"
Via has acquired Fleetonomy, a fleet management system, as part of its move into the logistics arena. The acquisition aligns with the rise of on-demand systems and the expectation for data-driven solutions in public transit and general logistics platforms. The COVID-19 pandemic has accelerated the need for accurate on-demand services and optimized fleet management. Via and Fleetonomy envision a future where customers expect a certain standard from companies that have successfully pivoted in a turbulent year. The acquisition allows Via to adapt its services to new demand patterns and provide better opportunities for people to safely leave their homes. The article highlights the shift from conventional ride-sharing services to logistics and the potential for on-demand solutions in public transit systems.
PartnersAcquisition
growth-positive
Via acquires Israeli startup Fleetonomy
Via Transportation Inc. has acquired Israeli startup Fleetonomy for an estimated $15-25 million. Fleetonomy offers a cloud-based fleet management product for smart transport and has raised $5 million in funding. Via provides ridesharing systems in 100 cities worldwide and allows shared transport services on flexible routes. The acquisition is expected to have a positive impact on Vias growth.
Acquisition
growth-positive
Via set to acquire Israeli fleet management company Fleetonomy
Via Transportation Inc. is set to acquire Fleetonomy Ltd., a car fleet management startup based in Tel Aviv. The acquisition is estimated to be worth several tens of millions of dollars. Via will integrate Fleetonomys vehicle and driver management technology, allowing it to enter the logistics and delivery sector. This is Vias first acquisition and it provides an opportunity to collaborate with leading automotive companies that Fleetonomy already works with, such as Jaguar, Land Rover, and Audi. Via raised $400 million in March, with half of it coming from Exor at a valuation of $2.25 billion.
Acquisition
growth-positive
Reaching less than 50% its capacity, Via's Tel Aviv shuttle service gets another year on the road
The Israeli transportation ministry has approved Vias ride-sharing service Bubble for an additional year, recognizing the importance of monitoring public transportation passengers during the pandemic. Bubble, operated in collaboration with public transit company Dan Bus Co., covers a specific area in Tel Aviv and allows passengers to book rides through a dedicated app. The service has seen a decrease in passengers due to Covid-19 but has attracted more active users, particularly older people looking for an affordable alternative to taxis. Via aims to provide software to public transportation operators and manage transportation systems. Intel considered acquiring Via but chose to acquire Moovit instead. Vias valuation is now $2.25 billion.
Customers
growth-positive
Via's shared transit venture launches free service to Madrid hospitals
ViaVan, a joint venture between Daimler AG’s Mercedes-Benz Vans and ridesharing company Via Transportation Inc., has launched an on-demand public transit bus service for trips to and from hospitals in Madrid. The service, which will operate seven days a week until the end of August, is offered in collaboration with the city’s mayor’s office, its public transportation provider Empresa Municipal de Transportes de Madrid (EMT), and the Madrid City Council. The service is free of charge and is designed to complement existing fixed-line transit services provided by EMT.
PartnersCustomers
growth-positive
Smart Public Transportation Is Crucial to Getting Life Back on Track, Says Via Co-Founder
Via Transportation Inc. has launched public transportation services for essential workers during the COVID-19 crisis. The company operates transportation services in over 90 locations and has raised a total of $787 million in funding. Via is in talks with cities about the post-COVID-19 period and believes that its digital system can help manage the demand for public transportation. The reduced traffic on the roads presents an opportunity to examine how public transportation can replace private vehicles and improve efficiency. In Israel, Via operates an on-demand shuttle service called Bubble in collaboration with Dan Bus Co. Vias services are seen as essential for economic recovery and transitioning back to normalcy.
CustomersPartners
growth-positive
On-demand shuttle startup Via hits $2.25 billion valuation on latest funding round led by Exor
On-demand shuttle startup Via has raised $400 million in a Series E funding round, led by Exor. The funding round has brought Vias valuation to $2.25 billion. Via plans to use the funds to expand its partnerships and its software services business. The companys software platform is used by over 100 partners, including cities and transportation authorities. Despite the challenges posed by the COVID-19 pandemic, Vias partnerships business has shown promise. Existing partners have adapted the software to meet new needs during the pandemic. Vias long-term investor, Exor, sees a promising future for the company in the on-demand dynamic shuttle service market.
InvestmentExpand
growth-positive
Smart ridesharing co Via raises $400m
Via Transportation Inc. has raised a Series E financing round at a company valuation of $2.25 billion. The financing round was led by Exor NV, which invested $200 million. Other investors include Shell Ventures, Macquarie Capital, Mori Building, and existing investors. Via has developed a dynamic transportation system that uses algorithms to adapt ridesharing routes to passenger needs. The company operates in 100 cities worldwide using various business models. Vias technology is used in Tel Aviv with the Bubble service, and they also win tenders to operate bus routes in some cities. Vias cofounders expressed their commitment to providing accessible, affordable, and environmentally-friendly transit. The financing round will support the development of Vias technology and their vision of a dynamic, data-driven public mobility system.
Investment
growth-negative
Berlin Municipality to halt Via ridesharing funding - reports
The Berlin municipality coalition partners have decided against allocating money to the BerlKoenig project, a public transport project in which Via Transportation is taking part. The project is likely to close down by the end of April due to the lack of funding. Via Transportation, together with BVG, has been carrying out a pilot in which vehicles collected and delivered passengers according to algorithms. The project aims to provide cost-effective and efficient municipal transport. However, the Berlin ruling coalition has refused to allocate the €43 million annual budget needed for the project. If no other financing is found, the service will be terminated at the end of April.
PartnersInvestment
growth-positive
Via's Tel Aviv Ridesharing Service Competes With Private Cars, Not Buses, Says GM
Bubble, a ridesharing service jointly operated by Via Transportation Inc. and Dan Bus Co., aims to reduce the number of private cars on the road in Tel Aviv. The service, launched in April 2019, offers rides on 10-seater vans through a dedicated app. Bubble is in negotiations with the Israeli government to expand its service to additional cities and towns, or to extend its operational hours. The service currently operates on weekdays, making an average of 4,800 rides per day. Bubbles rush hour is during daily commutes to and from work. The service has already negated over 100,000 individual rides in private cars.
CustomersExpand
growth-positive
Via's Tel Aviv Shuttle Service Bubble Reaches 4,500 Daily Passengers Milestone
Via Transportation Inc.s ridesharing service, Bubble, has reached a milestone of 4,500 daily passengers. The service, in partnership with Dan Bus Co., added 60 vehicles to its fleet, bringing the total to 100 10-seat vehicles. The data, submitted to Israels Ministry of Transport and Road Safety, shows a 30% increase in daily passengers since the beginning of the month. A user survey revealed that 50% of users own a private vehicle, with 34% stating that Bubble replaced a ride on their private vehicle. The service has reduced about 112,000 private vehicle rides since its launch in April. Approximately 60% of users use Bubble to commute to work.
CustomersPartners
growth-positive
Ridesharing Company Via to Open R&D Center in Jerusalem
Ridesharing company Via Transportation Inc. has announced plans to open a research and development center in Jerusalem. The company intends to hire 50 additional developers and engineers for the new center, which is set to open in the first quarter of 2020. Via currently operates a research and development center in Tel Aviv, employing a team of 250. The new center will be run under the leadership of Yoni Colb, a co-founder and former CEO of software company Quickode Ltd.
InvestmentExpand
growth-positive
Hyundai, Via unveil autonomous car ridesharing
Hyundai has unveiled a new pilot project for an on-demand self-driving car ridesharing service called BotRide in collaboration with Via and Pony.ai. The service will allow residents of Irvine, California to order shared rides using a smartphone app. Via provides the ridesharing technology and chooses the flexible routes, while Pony.ai developed the self-driving system. Via, founded in 2012, has raised over $400 million from investors and provides smart on-demand ridesharing services in cities worldwide. The article was published on October 28, 2019.
PartnersExpand
growth-positive
Via to Manage New York's School Bus System
The NYC Department of Education has selected Via Transportation Inc. to manage its school bus system. Via will provide an automated routing system that allows real-time tracking and updates for schools, parents, and students. The system will also allow buses to adjust their routes for flexible pick-up and drop-off stops. Via operates transportation services in multiple locations worldwide and has raised $387 million to date.
PartnersCustomers
growth-positive
Ridesharing Company Via Adds Former U.S. Diplomat to Board
Former U.S. Diplomat Charles H. Rivkin has been appointed to the board of directors of Via Transportation Inc. Rivkins experience in government affairs and public policy will help Via form collaborations with cities around the world.
Management Changes
growth-positive
Riding Around in a Bubble
Via Transportation Inc., in collaboration with Israeli public transportation company Dan, has launched a new on-demand shuttle van service in Tel Aviv. The service, called Bubble, allows users to order rides through an app and is available on workdays between 6 a.m. and 10 p.m. The service charges a flat fee for rides and is significantly cheaper than a taxi. Via plans to expand the service to Jerusalem, Haifa, and additional Tel Aviv suburbs in the upcoming months. The collaboration with Dan Bus Company allows Bubble to use existing bus stops for pick-up and drop-off. The service is seen as a supplement to public transportation and can help alleviate traffic congestion.
CustomersPartners
growth-positive
Tel Aviv smart ridesharing begins Monday
Dan and Via will launch the Bubble ridesharing service in Tel Aviv, operating a fleet of 100 minibuses that can be ordered via an app. The service aims to provide a compromise solution between bus routes and individual taxis. Fares will cost NIS 12.50 per journey and NIS 15.00 during peak times, with a 50% discount for senior citizens. The government is subsidizing half the cost of the pilot, estimated at NIS 50 million for the first year. Via operates smart ridesharing services in the US and Europe, and the pilot in Tel Aviv will be the first of four cities in Israel where the service will operate.
CustomersPartners
growth-positive
Dan, Via to launch Tel Aviv ridesharing next month
The article discusses a new experiment in microtransit, specifically ridesharing on demand, that will be conducted by Dan Bus Company in Tel Aviv and Ramat Gan. The estimated cost of operating the first 100 minibuses will be over NIS 45 million a year, with a cost per passenger of NIS 30. The Ministry of Transport will provide a subsidy of 55-60% for the service, with the passenger paying between one half and one third of the cost. The state will also provide a safety net for losses and monetary incentives for exceeding passenger forecasts. The trial aims to reduce the number of cars on the road and congestion. The service will operate through an app-based system, with passengers ordering minibuses and sharing rides. The trial is part of a larger effort to examine the feasibility and integration of microtransit in the public transportation system.
CustomersInvestment
growth-positive
Office Tour: Via Transportation Offices - Tel Aviv
Setter Architects created a transportation-inspired design for ride-sharing company, Via, located in Tel Aviv, Israel. The design concept for Vias offices derived from the world of collaborative transport-sharing, with urban-inspired elements and vibrant colors from the companys branding. The design aims to create a dynamic and efficient workspace that reflects Vias innovative approach to urban transportation.
Partners
growth-positive
Rideshare study shows Via drivers earn the most in NYC
A report commissioned by New York Citys Taxi and Limousine Commission has identified Via as the industry leader in terms of driver earnings and vehicle efficiency in the city. Via drivers earn on average 43% more than Lyft drivers and 35% more than Uber drivers in the New York market. Via is also the only rideshare company in the city to have the majority of its drivers earning above the recommended $17.22 earnings floor. The report also highlighted Vias high utilization rates, meaning drivers spend less time waiting for rides, leading to better earnings and reduced congestion and emissions.
Customers
growth-positive
Daimler and Berlin's Public Transport Operator to Offer Ridesharing
Daimler AGs Mercedes-Benz Vans will collaborate with Berlins public transport operator and ridesharing company Via Transportation Inc. on a ridesharing concept. The pilot project, scheduled to start early next year, will offer on-demand ridesharing in certain districts of Berlin. The projects initial fleet will consist of 50 Mercedes-Benz vehicles, with plans to expand to 300 vehicles. The project is pending regulatory approval.
PartnersCustomers
growth-positive
Via raises $250M led by Daimler to bring its carpooling technology to Europe
Via, a carpooling startup, has raised a strategic investment led by Daimler to expand into Europe and collaborate on other business opportunities. Daimlers Mercedes Benz division is also investing $50 million into a joint venture with Via. The total funding amount is undisclosed, but it is estimated to be $250 million. Vias carpooling service, which offers flat-rate rides starting at $5, is already available in the US through its own platform and partnerships with other transportation providers. The funding will support Vias expansion into Europe, starting with London and Paris, as well as further expansion in the US. Via has also formed licensing partnerships with mass-transit companies Arriva and Keolis. The investment from Daimler will strengthen these partnerships and support the development of new vehicles optimized for carpooling and other on-demand transportation services.
InvestmentPartnersExpand
growth-positive
Transport-on-demand co Via launches in Paris
Israeli company Via has launched its shared transportation services in Paris in partnership with Keolis. Vias technology allows passengers to use the LeCab app to share cars driven by professional drivers. The company aims to alleviate traffic congestion and reduce carbon emissions in Paris by efficiently sharing vehicles. Via plans to establish strategic partnerships in various transportation markets worldwide.
Partners
growth-positive
"We offer a revolutionary public transport solution"
Israeli transportation startup Via has raised $100 million in Series C funding, the largest amount raised by an Israeli startup in 2016. Via operates in New York City and Chicago, offering a ride-sharing service that matches passengers with available seats in vehicles. The funding comes at a time when there is a slowdown in startup investments, but Vias unique solution and potential in the transportation sector attracted a great deal of interest from investors. The company plans to expand to other cities and believes that its service has the potential to revolutionize public transportation. Via offers rides for $5 with a ticket pass, providing an affordable alternative to traditional transportation options.
Investment
growth-positive
http://www.bloomberg.com/news/articles/2016-05-05/via-raising-100-million-fueling-yet-another-uber-rival-in-u-s
Via Transportation Inc. is raising $100 million to expand its presence in the hyper-competitive market for ride-hailing apps. Investors, including Pitango Growth Fund, Roman Abramovich, and Poalim Capital Markets, have already invested $70 million, and the company is in talks to secure another $30 million from strategic investors in the transportation and auto industries. The New York-based startups CEO, Daniel Ramot, declined to comment on the startups valuation.
InvestmentExpand
growth-positive
On-demand transit co Via raises $27m
On-demand transit company Via has closed a $27 million Series B funding round led by Pitango VC. The funding will be used to accelerate the growth of Vias unique transit system for heavily trafficked cities. Vias mobile app connects multiple passengers heading the same way, allowing them to share a chauffeured vehicle at affordable rates. The company currently operates in New York City and has provided over 300,000 shared rides. With the new funding, Via plans to expand its services and enter new markets rapidly. Chemi Peres from Pitango VC has joined Vias board of directors.
Investment
