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Via Raises $400 Million at Company Valuation of $2.25 Billion

Via operates transportation services in more than 90 locations wordlwide, offering various modes of operation in different places

Hagar Ravet 23:3430.03.20
Ridesharing company Via Transportation Inc. announced on Monday that it raised $200 million in a Series E round led by Milan-listed Exor N.V. According to one person familiar with the matter who spoke to Calcalist on condition of anonymity, the company raised $400 million at a company valuation of $2.25 billion.

 

The round was also participated by Shell Ventures, Macquarie Capital, Mori Building, Hearst Ventures, Ervington, 83 North Ventures, and Planven Ventures.

Via co-founders Daniel Ramot (left) and Oren Shoval. Photo: PR Via co-founders Daniel Ramot (left) and Oren Shoval. Photo: PR

Founded in 2012, Via operates transportation services in over 90 locations and more than a dozen countries, offering various modes of operation in different places, including on-demand shuttles and ridesharing services. With the new round, the company has raised $787 million to date, according to Pitchbook data.

 

In December, Via announced it will open a research and development center in Jerusalem, and that the company intends to hire 50 additional developers and engineers for the new center.