Transit

Transit is a mobile startup founded in 2013 in Canada, aiming to simplify local travel in over 500 cities worldwide. The company's slogan "We make life better without a car in 500+ cities" reflects its mission. Transit's app provides comprehensive information on nearby transport options, departure times, trip planning, and disruption notifications, all presented in an easy-to-read format with bright colors. Moreover, the platform integrates various sustainable transport modes such as bikeshare, scooters, carshare, and ridehail to offer users the most efficient travel options.

Transit's recent significant achievement includes a $17.50M Series B investment on November 5, 2018. The investment was made by a notable group of investors including Real Ventures, Accel, InMotion Ventures, Alliance Innovation Lab Shanghai, and Prestige Jaguar Land Rover. This demonstrates a strong vote of confidence from a diverse set of investors in Transit's potential to revolutionize the transportation and travel industry.

The company operates in the Mobile, Transportation, and Travel and Tourism sectors, showcasing a broad market scope. With its innovative approach to urban mobility and strong investor backing, Transit appears poised for continued growth and influence in the global transport landscape.