Add-on Acquisition • Software

Via Transportation Acquires Remix

On March 10, 2021, Via Transportation acquired software company Remix for 100M USD

Acquisition Context
  • This is Via Transportation’s 2nd transaction in the Software sector.
  • This is Via Transportation’s largest (disclosed) transaction.
  • This is Via Transportation’s 1st transaction in the United States.
  • This is Via Transportation’s 1st transaction in California.

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M&A Deal Summary

Date March 10, 2021
Target Remix
Sector Software
Buyer(s) Via Transportation
Deal Type Add-on Acquisition
Deal Value 100M USD

Target Company

Remix

San Francisco, California, United States
Remix is a collaborative mapping platform for transportation planning and decision-making. Remix empowers cities to play a central role in their transportation future — helping planners explore new concepts, make informed decisions with data, and rally people around their vision — so that ultimately cities are safe, accessible and equitable for everyone.
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Buyer Overview 1

Buyer

Via Transportation

New York, New York, United States

Category Company
Founded 2012
Sector Internet Software and Services
Revenue 338M USD (2024)
DESCRIPTION

Via Transportation pioneered the TransitTech category by using new technologies to power public mobility systems, optimizing networks of dynamic shuttles, buses, wheelchair accessible vehicles, school buses, and autonomous vehicles around the globe. Building efficient, equitable, and sustainable transportation network for all riders, including those with limited mobility, those without smartphones, and unbanked populations. Via was founded in 2012 and is based in New York City.


Deal Context for Buyer #
Overall 2 of 4
Sector: Software 2 of 2
Type: Add-on Acquisition 2 of 4
State: California 1 of 1
Country: United States 1 of 2
Year: 2021 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-01 Fleetonomy

Tel Aviv, Israel

Fleetonomy is a developer of advanced fleet management software. Fleetonomy’s AI-based solutions are powering fleet owners, auto manufacturers, and mobility service providers to maximize their fleets by rolling out customized ridesharing, dynamic shuttle routes, on-demand rental, and car subscription services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-16 Citymapper

London, United Kingdom

Citymapper is a premier journey planning app and transit technology company. Citymapper plan journeys using a combination of public transit, walking, cycling, scooters, taxis, and other locally available options. Citymapper was founded in 2012 and is based in London, United Kingdom.

Buy -