Via follows Reddit in filing privately for a public listing before the end-of-year market freeze. Both companies should debut in early 2022. Last month Via announced a $130M round that pushed the on-demand shuttle and software company to a $3.3B valuation. We suppose that that was a pre-IPO round, in retrospect.
Via said TransitTech revenue more than doubled year on year to exceed an annual run rate of $100M. The software platform is used by more than 500 partners, including Los Angeles Metro. Via employs 950 people and to date, the company has raised $800M.