TransportTech 50 firm Citymapper has been acquired by New York-based Via.
The London-based company, founded in 2012, has built a journey-planning app for major cities which combines public transit, walking, cycling, scooters, taxis, and other locally available options.
The technology, which incorporates real-time public transit data and takes into account information on disruptions and delays, has been used by more than 50 million people in more than 100 cities.
Users can plan a trip based on the criteria – transit mode, arrival time, trip duration and cost – that matter most to them, and Citymapper’s app will help them select the best option and navigate their travel in real time.
Via’s software enables cities and transit agencies to efficiently plan and operate their public transit networks. It says that 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.
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“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,” said 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.”
Via co-founder and CEO Daniel Ramot added: “We have the utmost respect for the world-class product and user experience that Azmat and his team have built.
“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.”
Via’s acquisition of Citymapper follows its successful acquisitions of Remix in 2021 and Fleetonomy in 2020.