Via, the global leader in TransitTech, recently closed a financing round with a $3.5B valuation, raising $110M to expand its product suite and further its vision of providing the end-to-end digital infrastructure for public mobility. The round was led by 83North and participated in by a mix of new and existing investors. The company’s products are used by over 600 communities worldwide to improve the efficiency of their transportation systems and the funding will be used to accelerate expansion into new markets and verticals, as well as product innovation. Via ended 2022 with an annualized revenue run-rate surpassing $200M, more than double its revenue from the previous financing round. The growth of the TransitTech market has been remarkable and Via plans to continue to play a role in transforming transit in communities globally.
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