Israeli company Via raises USD 110 million
Israeli public transport software solutions company Via has closed a USD110 million financing round, bringing the total funds raised by Via to more than USD 1 billion.
Valuing the company at USD 3.5 billion, this latest financing was led by 83North, with participation from new and existing investors including Exor N.V., Pitango, Janus Henderson, CF Private Equity, Planven Entrepreneur Ventures, Riverpark Ventures, and ION Crossover Partners.
Via’s products are used by more than 600 communities in 35 countries to expand access to efficient, equitable, and sustainable public transport. The company’s technology enables customers to plan transport networks that are responsive and resilient to rapidly changing needs, to operate smart multi-modal transportation systems, and to use data to optimize performance with a single software platform.
Skadden, Arps, Slate, Meagher & Flom LLP served as counsel to Via.
Read more in Jerusalem Post.