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New York’s Via acquires London’s journey planning app CityMapper: All details here

admin by admin
March 19, 2023
in Funding News



Via, a New York-based transportation technology company, announced that it has acquired Citymapper, the UK-based premier journey planning app and transit technology company.

Why this acquisition?

The acquisition will accelerate Via’s vision of building an end-to-end digital infrastructure for transit systems.

While Via’s software enables cities and transit agencies to plan and operate their public transit networks efficiently, Citymapper allows transit riders to navigate the urban transport network through an intuitive app, similar to VivaCity. 

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.

Post-acquisition, the Citymapper product will be integrated into Via’s TransitTech platform.

Cities and transit agencies will have access to Via’s software platform which enables them to plan transit networks that are responsive and resilient to rapidly changing needs, operate smart multi-modal transportation systems, and use data to continually enhance performance.

Prior to Citymapper, Via acquired Remix in 2021 and Fleetonomy in 2020.

Helps people transit easily

Founded in 2012, Citymapper helps users in cities plan their journeys – using a combination of public transit, walking, cycling, scooters, taxis, and other locally available options.

Users can plan a trip based on the criteria — transit mode, arrival time, trip duration, cost, etc.

Citymapper’s technology and algorithms, which incorporate real-time public transit data and take into account information on disruptions and delays, enable users to experience a seamless journey.

“The team at Citymapper has spent a decade building some of the greatest technology in urban mobility, with the mission to make cities easier to navigate and urban transportation more efficient, sustainable, and accessible,” says Citymapper founder and CEO Azmat Yusuf. “We share this vision with Via, and through this acquisition, can expand Citymapper to a larger audience, make our technology available to cities and transit agencies, and extend the positive impact on the communities we serve.”

Optimises public transport

Founded in 2012, Via is a transport company that offers public mobility solutions for transit agencies, school districts, cities, and corporations.

The US company uses technology to develop public mobility systems — optimising networks of buses, shuttles, wheelchair-accessible vehicles, school buses, autonomous vehicles, and electric vehicles around the globe.

“We have the utmost respect for the world-class product and user experience that Azmat and his team have built,” said Via co-founder and CEO Daniel Ramot. “By bringing our teams together, we see an exciting opportunity to deliver Citymapper’s capabilities to cities and transit agencies all over the world, so that they can create the most user-friendly and relevant transit experience for their communities.”

The post New York’s Via acquires London’s journey planning app CityMapper: All details here appeared first on Tech Funding News.



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