Washington, United States
Split, a Washington, DC and Helsinki, Finland-based transportation tech startup founded in 2014, focused on facilitating efficient and sustainable movement of people in major urban areas. The company was committed to enhancing urban mobility and reducing the collective carbon footprint through innovative transportation solutions.
In November 2014, Transdev led an $11.00M funding round investment in Split, marking a significant milestone for the startup in terms of financial backing. This investment underlined the confidence of notable industry players in Split's potential to revolutionize urban transportation.
Notably, in June 2017, Split achieved a significant feat as it was acquired by MOIA, a subsidiary of the Volkswagen Group. This acquisition positioned Split within MOIA, where it became the driving force behind the development of ride-pooling innovations, marking the startup's integration into a major player in the automotive industry.
This acquisition showcased the recognition of Split's technological prowess and innovation within the transportation sector. The integration into MOIA further validated the potential and value that Split brought to the table, underscoring its significance within the industry.
For further insights and in-depth information regarding Split's acquisition by MOIA, the following resources provide comprehensive details: Medium - An Incredible Ride Volkswagen Group - News article
Split's journey, from its inception to acquisition, reflects the convergence of technological innovation and sustainable urban mobility solutions, positioning it as a noteworthy player in the transportation tech landscape. The acquisition by MOIA marked a significant chapter in Split's trajectory, solidifying its impact and potential within the industry.
