On-demand shuttle startup Via hits $2.25 billion valuation on latest funding round led by Exor â€“ TechCrunch
On-demand shuttle startup Via has hit a $2.25 billion valuation following a Series E funding round led by Exor, the Agnelli family holding company that owns stakes in PartnerRe, Ferrari and Fiat Chrysler Automobiles.
The Series E funding round, which included other investors, totaled $400 million, according to a source familiar with the deal.
Exor invested $200 million into Via as part of the round, both companies said in an announcement.
When the company first launched in 2012, there was little interest from cities in the software platform, according to co-founder and CEO Daniel Ramot .
However, there has been some promise with its partnerships business, Ramot said.
Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.
Advertise with us to boost your article, content pience, product, event, conference discovery to our readers which includes founders, startup enablers, investors and every key stakeholders from global startup eco-system.