Funding

Via Raises $27M For its Ride Sharing Service

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What does Via do?

Via, is an on-demand transit startup. This transportation service is smarter than the subway, better than the bus and definitely cheaper than a taxi. With this ride sharing service you do not have to worry about a cab during the rush hours of the day.

Via is changing the way people move around cities. With Via app, a luxury rise which can be booked from your phone will cost you a little more than the bus but less than a taxi. Its revolutionary technology lets passengers share their ride, it is on demand transportation on a mass scale which is eco friendly.

How much Via was funded?

Via raises $27 M in Series B funding on April 2nd, 2015 from Expansion Venture Capital, Ervington Investments, 83North, Pitango Venture Capital and Hearst Ventures.

Previous funding

  • $10.1M / Series A on March 26th, 2014 from RiverPark Ventures and Expansion Venture Capital

What is next for Via?

The funding has been raised to take Uber on specific area, the ridesharing services for people living in urban areas.

Some of the latest fund will be used to expand its services across more of Manhattan, which is the only place where Via is available currently. It has also plans to move into more new cities. The company’s first targets are Washington and Chicago, which are dense places.

More about Via

Via was founded in 2012 by Oren Shoval and Daniel Ramot. This on demand transit service offers a shared ride in premium vehicles for just $5 plus tax per ride. All you need to do is book your ride on your phone through the Via app, get picked up in  your corner in a SUV by a professional chauffeur, share your ride with other going the same way and save cash and reduce your carbon foot print on the planet.

Rides are only $5 plus tax when you prepay or $7 plus tax when you pay per ride.

 

 

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