Transit App
Latest round
- Series B
Last raised
- Nov 2018
Total raised
- $23M
Investors
- 6
About Transit App
Transit App, Inc.Founded in 2013 in Montreal, Canada, Transit App, Inc. develops mobile applications that enhance public transit navigation.Transit offers a comprehensive mobile application designed to facilitate urban transportation for users navigating public transit systems. The core product provides real-time data on nearby transportation options, including buses, subways, and bikeshare programs, allowing users to view local transit schedules without the need for extensive searches. The app also incorporates a feature called 'GO crowdsourcing,' enabling users to share real-time information regarding transit conditions, such as delays or service changes, thereby enhancing the overall commuting experience. The service aims to address the unpredictability of public transit systems by providing immediate feedback and information directly from users, improving operational efficiency in collaboration with transit agencies.Transit generates revenue through a combination of subscription services and partnerships with transit agencies. The app is free for general users, but it also offers premium features through a subscription model named 'Royale,' enhancing user experience with advanced functionalities. The firm collaborates with transit agencies to provide tailored solutions that can include branding opportunities, fare purchasing capabilities, and localized data management. Revenue from these partnerships is structured around service agreements, allowing Transit to maintain a focus on developing new features rather than relying on traditional advertising.'s growth initiatives, which include the development of new features and expansion into additional urban markets. The company aims to enhance its application offerings and improve user experience, with strategic plans for market penetration in regions with developing public transit infrastructure over the next few years.
Who invested in Transit App
6 investors across 2 rounds
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Questions about Transit App
Who invested in Transit App?
Transit App has 6 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 Transit App raised?
Transit App has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Transit App last raise money?
Transit App's most recent round on record is a Series B, in Nov 2018.
What does Transit App do?
Transit App is a software company.
Where is Transit App headquartered?
Transit App is headquartered in Montreal, Canada.
Which VCs invest in companies like Transit App?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Transit App's stage. Their profiles are linked below.
VCs backing software startups at Series B
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