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Moovit

Moovit

Moovit is an israeli live transit app available worldwide.

Moovit is a company that develops a public transportation application. The company was founded in 2012 by Nir Erez, Roy Bick, and Yaron Evron. Moovit aims to provide its users with public transportation information based on real-time data. The company’s headquarters is located in Ness Ziona, Israel, although the service itself is available in more than 2,700 cities across 90 countries worldwide.



Service

Moovit’s primary service is an application that helps users arrive in their destination using public transportation using the best route and public transportation choice available. The application is available in iOS, Android, and through its official website. In February 2019, Moovit added an additional service, which is targeted to city government offices and transit agencies, called Mobility as a Service. It aims to help these entities through the mobility data that they collected from users through their Moovit application.



Funding

Moovit has raised funding through five series, with its most recent being a Series D held in February 2018 that collected $50 million in funds. Since 2012, Moovit has amassed $131.5 million in total capital. Past investors that have financed Moovit are BRM Capital, Hanaco Venture Capital, Vaizra Investments, Sound Ventures, and Intel Capital.

Timeline

January 14, 2015

Moovit raises $50 million in Series C funding round. 

The investment is from Nokia Growth Partners, BMW i Ventures, Keolis, Sequoia Capital, Bernard Arnault Group, Vaizra Investments, BRM Capital and Gemini Partners. That makes the company worth as much as $450 million. 

Funding rounds

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People

Name
Role
LinkedIn

Sarit Gana Melamed

CFO



Leo Chanea

Director, Global Head of Community



Nir Betzalel

VP Research and Development



Nir Erez

Founder, CEO & Board Member



Roy Bick

Founder, VP Operations & Board Member



Samuel Sed Piazza

Director of Partnerships



Yovav (Jay) Meydad

CMO



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News

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February 12, 2019
WebWire
Some of the world's top urban mobility leaders unveiled the world's first comprehensive multi-modal trip planner, a solution to reduce congestion in cities around the world that will enable developers to build richer apps for consumers to get around their cities. Executives from Moovit, a leading Mobility as a Service (MaaS) provider and the world's #1 transit app, TomTom, the location technology specialist, and Microsoft's Azure Maps demonstrated the solution that identifies all of the dr...

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