Israeli smart transportation company and transportation solutions By transportation Investors who sell shares collected $ 493 million in an initial public offer (IPO) on the New York Stock Exchange (NYSE). The company will start trading today using VIA Ticker.
About 10.7 million shares were sold at $ 46 each, above the pricing range between 40 to 44 dollars per share, with an assessment of $ 3.65 billion.
The public subscription was presided over by the subscribers, Goldman Sachs, Morgan Stanley, Allen and Companish, Wales Vargo Cicuritz, Deutsche Bank, Jojenheim Securities as well as other investment banks Obenheimer, Nidham, and William Blair.
VIA was established in 2012 by Israeli entrepreneurs Daniel Ramot and Urin Shufal, and they began as a common transfer dish like Uber. Over the years, the company has controlled the provision of software solutions for urban transport authorities to simplify public transport systems and link passengers to capture points and provide health and education services.
Via’s technology allows authorities to replace old systems with dynamic platforms based on data and demand, which reduces operating costs, improves passenger trip experience and increases the number of public transport users.
The company is currently working in hundreds of cities in 30 countries and is considered one of the major players in the field of smart transport.
According to its financial report, the company achieved revenues of $ 205.8 million in the first half of 2025, an increase of 27 % over the corresponding period of last year. The net loss amounted to 37.5 million dollars compared to a net loss of 50.4 million dollars in the corresponding period of last year.
Posted by Globes, Israel Business News – En.globes.co.il – on September 12, 2025.
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