Announced

Investment consortium-backed Via to acquire Remix for $100m.

Synopsis

Investment consortium-backed Via Transportation, a TransitTech provider, agreed to acquire Remix, the San Francisco-based startup that developed mapping software used by cities for transportation planning and street design for $100m in cash and equity. Via is backed by Exor, as well as Macquarie Capital, Mori Building, Broadscale Group, Ervington Investments, Hearst Ventures, Planven Ventures, Pitango and RiverPark Ventures. “We share a vision for working alongside our partners to create transit systems that are equitable, accessible, and efficient for riders and cities alike. Together, we have ambitious plans to invest in and expand the Remix product suite to offer enhanced capabilities for planning and bus scheduling and operations,” Daniel Ramot and Oren Shoval, Via Co-Founders.

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