Moovit App Global
Latest round
- Series D
Last raised
- Feb 2018
Total raised
- $100M
Investors
- 11
About Moovit App Global
Moovit App Global Ltd.Founded in 2012 by Roy Bick and Yaron Evron, Moovit App Global Ltd. operates from its headquarters in Tel Aviv-Yafo, Israel. The company focuses on developing a mobility app that enhances public transportation experiences. In May 2020, Moovit was acquired by Intel Corporation for USD 900 mn, marking a significant transition in its operational strategy.Moovit provides an urban mobility app designed to streamline public transit navigation across over 112 countries, delivering users real-time information, detailed schedules, maps, and step-by-step directions for various transportation modes including buses, trains, trams, and subways.Moovit generates revenue through a multi-faceted business model that includes B2B partnerships and direct-to-consumer sales. Its primary revenue streams are subscription services for municipalities and transit agencies, integrating Moovit’s technology into their frameworks, alongside collaborations with local transportation authorities that enhance public transit offerings. The company aims to enhance its app's functionalities and incorporate new urban mobility solutions. Additionally, it seeks to penetrate new markets across Europe and Asia by late 2023, further solidifying its presence in the global mobility sector.
Who invested in Moovit App Global
11 investors across 2 rounds
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Questions about Moovit App Global
Who invested in Moovit App Global?
Moovit App Global has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Moovit App Global raised?
Moovit App Global has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Moovit App Global last raise money?
Moovit App Global's most recent round on record is a Series D, in Feb 2018.
What does Moovit App Global do?
Moovit App Global is a internet company.
Where is Moovit App Global headquartered?
Moovit App Global is headquartered in Tel Aviv-Yafo, Israel.
Which VCs invest in companies like Moovit App Global?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back internet companies at Moovit App Global's stage. Their profiles are linked below.
VCs backing internet startups at Series D
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