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Moovit Stock
Public transportation navigation
About Moovit Stock
Moovit is a real time app with everything you need to ride public transit smarter. By combining transit data with live inputs from the crowd, Moovit gives commuters a complete real-time snapshot of what their trip will be like and suggests the fastest, most comfortable routes. Launched in 2011, Moovit is revolutionizing the public transit experience across more than 90 cities including New York, LA, London, Rome, Madrid, Sao Paulo, Mexico City, and Tel Aviv.
Moovit capitalizes on 'crowd wisdom' to dramatically transform the public transportation user's experience by both saving time and reducing uncertainty. By using Moovit's free mobile application, users can plan trips, receive and share real-time transportation information and easily navigate to their destination of choice.
Save time by avoiding jammed and delayed routes. Find out on which vehicles you can find available seats. Track arriving buses & trains on the live map. Choose route based on all public transport methods available. Discover new routes you were never aware of. Navigate easily with detailed point-to-point directions. Receive real time updates such as arrival time notification, or get off at the next station alerts. Easily share your route and communicate with friends along the way
You anonymously share your public transport vehicle location and speed simply by riding with the app open during your trip. You can also choose to actively contribute relevant reports such as overcrowding on the bus, an accident that causes delays or an inaccurate station location on the map. By doing so, you join together with the community to create the best real time public transport data and extract much more from the existing public transport infrastructure.
Investors
BMW i Ventures
Fair, Graphcore, Carbon, ChargePoint, Proterra, Turntide Technologies, Trifacta, Nauto, Shift, Kodiak Robotics
Sequoia Capital
Market Kurly, Robinhood, Airbnb, Instacart, Tokopedia, Stripe, DoorDash, Rappi, CoinSwitch Kuber, UiPath
Funding History
April 2012 | $3.5M |
---|---|
December 2013 | $28.0M |
January 2015 | $50.0M |
Management
Cofounder and CEO
Nir Erez
Cofounder
Roy Bick
Board Member (Sequoia Capital)
Gili Raanan
Press
Forbes - Nov, 19 2019
TechCrunch - Feb, 21 2018
TechCrunch - Jan, 14 2015
Pando Daily - Dec, 18 2013
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