Via, a global start-up that provides digital infrastructure to power public mobility, has raised a Series E financing worth $200M. The round was led by EXOR, a diversified holding company controlled by the Agnelli family which holds stakes in Ferrari, Fiat Chrysler Automobiles, CNH Industrial and Juventus FC.
The financing values Via at $2.25B and will enable it to develop efficient, accessible, and equitable public mobility.
Via’s emergency services and transit network optimization expertise are being utilized across the world in locations as diverse as Berlin, Ohio, and Malta, to support communities impacted by Covid-19.
Via Co-founders, Oren Shoval and Daniel Ramot, say: “Especially in these difficult times, we greatly value EXOR’s commitment to Via’s vision of a dynamic, data-driven public mobility system that provides more cost-effective and equitable transport to communities everywhere. During this emergency period, we are proud to apply our technology and operational expertise to assist cities with optimizing transit networks, transporting essential workers, and delivering goods and services to individuals in need.”
John Elkann, Chairman and Chief Executive Officer of EXOR adds: “At this uniquely challenging moment it is more important than ever to work determinedly for the innovative and sustainable future beyond these difficult days. Partnering with Daniel and Oren and their outstanding team to support the development of their powerful problem-solving technology confirms our strong and positive engagement with them and underlines EXOR’s continuing commitment to building great companies for a better tomorrow.”
Available in more than 70 cities in 20 countries, Via is the world’s leading provider of technology-enabled public mobility solutions. To date, the Via platform has provided over 70 million rides around the world.