Via Transportation: Technology for Modern Urban Mobility

When people hear the term “shared transportation,” most imagine Uber, Bolt, or Lyft. Less well-known, however, is the American company Via Transportation, which demonstrates that the future of mobility doesn’t have to be only about mobile apps—it can also be about better-functioning public transit. The company develops software that helps cities and municipalities organize shared transportation—whether it’s school buses, city minibuses, or specialized transit for seniors and people with disabilities.

Their platform allows vehicles to operate as flexibly as taxis, while remaining affordable and efficient. The result is transportation that is greener, more accessible, and tailored to the real needs of residents. Demand for such solutions is growing as cities worldwide seek ways to tackle traffic congestion, reduce emissions, and offer citizens alternatives to private transportation.

Today, Via already works with over 400 cities in 30 countries, making it one of the global leaders in so-called “smart mobility.” Its business model differs from most sharing-economy startups because the majority of revenue comes from long-term contracts with cities and public institutions. This provides more stable income and less reliance on the consumer sentiment of end users. In 2024, the company reported revenue of $337.6 million, a 35.6% increase compared to 2023. Losses decreased to $67.3 million (from $85.6 million in 2023), indicating that Via is gradually moving toward profitability and that its model is viable.*

The company plans to go public on the New York Stock Exchange (NYSE) at the end of September 2025, where it will trade under the ticker VIA. The underwriters will include Goldman Sachs, Morgan Stanley, Allen & Company, and Wells Fargo Securities, with Deutsche Bank, Guggenheim, and others also participating in the syndicate. The expected IPO size is estimated between $100 million and $500 million, although the exact number of shares, price range, and allocation for retail investors have not yet been disclosed. Some existing shareholders, including funds such as 83North, Pitango, and Exor, are also likely to participate in the sale. The company’s last private valuation in 2023 was $3.5 billion.*

Via may be an attractive option for those seeking investments linked to sustainability and modern urban infrastructure. It combines technological expertise, strong global reach, and a stable business model, making it an interesting alternative in the shared mobility sector.

https://www.govtech.com/biz/via-transportation-is-knocking-at-the-door-of-an-ipo

*Past performance is not indicative of future results.