Moovit
Company

Last deal

$50M

Amount

Series D

Stage

21.02.2018

Date

3

all rounds

$131.5M

Total amount

date founded

Financing round

General

About Company
Moovit is a leading Mobility as a Service (MaaS) provider and the creator of the world's #1 transit app.

Industry

Sector :

Subsector :

Keywords :

Also Known As

TranzMate, Moovit App Global Ltd.

founded date

01.02.2012

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

With more than 300 million users, Moovit combines information from public transit operators and live reports from its community to offer real-time travel information and the best routes for journeys. It generates up to four billion anonymous data points daily, making it the world's largest repository of transit data. Moovit also has a network of over 500,000 local editors who help map out and maintain local transit information. Additionally, Moovit offers AI-powered MaaS solutions for governments, cities, transit agencies, and private companies to optimize operations and reduce congestion. It is part of Mobileye and is accelerating the adoption of autonomous transportation with MoovitAV robotaxi services.
Legal Names

Legal name

Moovit App Global Ltd.
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M&A Details
1

Transaction name

Acquired by

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announced date

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price

$900M

Financials

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3

Number of Funding Rounds

$131.5M

Money Raised

Their latest funding was raised on 21.02.2018. Their latest investor BRM Capital. Their latest round Series D

Date 
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Investors 
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Lead 
21.02.2018
11
$50M
03.11.2015
14.01.2015
3
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People

Founders
3
Yaron Evron
Yaron Evron

Yaron Evron

Yaron brings to moovit 20 years of international experience in the transport field, both in Israel and in the USA.He is the owner of 'Yaron Evron Engineering Ltd' – a traffic and transport engineering consulting firm. Yaron has led many traffic and transport projects for the Israel Public Works Department, Israeli Ministry of Transport, numerous government and privately-held companies and various municipalities. Amongst his specialty areas are traffic and transport management in highways and freeways, junction and interchange design, traffic signal design, traffic impact studies, and traffic information systems. Yaron holds a B.Sc. and M.Sc in Civil Engineering, as well as an MBA, from the Technion - Israel Institute of Technology.

current job

Moovit Rehovot
Moovit Rehovot

organization founded

1

Yaron Evron

Nir Erez
Nir Erez

Nir Erez

Nir brings to moovit his extensive entrepreneurial experience. He is a Co-Founder and Co-Owner of Eyron, a holding group of software companies and a seed investment group. Nir was the founder and CEO of ActionBase Corporation, a U.S.-based enterprise software company that was acquired in 2003. He was also the founder, COO and a board member at OptimalTest, a leading software company that provides a revolutionary solution to the semiconductors testing world. Prior to moovit, Nir led the investment arm of Eyron Group focused on early-stage software companies. Nir holds a B.Sc. in Physics from Bar-Ilan University and is a graduate of the Israeli Defense Forces (IDF) Computer Science Academy.

current job

Moovit
Moovit

count Of Investments

2

Nir Erez

Roy Bick
Roy Bick

Roy Bick

Roy brings to moovit his extensive software experience as a software developer and R&D manager in local and worldwide organizations. Roy is our "all-around" player, orchestrating the communication between the technical and the product teams. He is also responsible for keeping moovit at the cutting edge of technology, combining software, hardware and transport infrastructure. Roy holds a B.Sc. in Computer Science from Ben-Gurion University and an MBA from the Technion – Israel Institute of Technology.

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Moovit

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1

Roy Bick

Employee Profiles
42
Irena Mail

Irena Mail

Head Of Engineering

Yoann Benhacoun

Yoann Benhacoun

Partnerships Manager France

Uli Gal-Oz

Uli Gal-Oz

VP Business Development

Dikla Bilsky

Human resources business partner

Ziv Kabaretti

VP Products

Akiva Avros

Marketing and brand designer

Christine Amogan

Talent acquisition consultant, north america

Yovav Meydad

Yovav Meydad

Chief Growth & Marketing Officer

Activity

Recent News
2