Transportation Startup Via Makes $100 Million Bet on Mapping Company
- Date: 03/09/2021
Via Transportation Inc. has acquired mapping software maker Remix for about $100 million, Via’s chief executive said in an interview,…
Imagine public transit that picks you up near your home or work and takes you to your destination quickly and without unnecessary stops or transfers, guaranteeing you arrive at your destination by the time you pick. And, not only is it more responsive to rider demand, it costs taxpayers less, and reduces environmental impact.
Sioux Area Metro (SAM), the transit agency in Sioux Falls, South Dakota is working to make transit service more efficient to benefit riders and to help reduce the financial burden on the agency during the economic recession.
The innovative solution the agency is trying will “shift fixed route service to corner-to-corner on-demand service” using the existing bus fleet. They are partnering with a Canadian company called Pantonium, which provides the technology to create this new rider experience.
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