16 Facts About Moovit

1.

Moovit is an Israel-based mobility as a service provider and journey planner app.

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2.

Moovit uses both crowdsourced and official public transit data to provide route planning to users as well as transit data APIs to transit companies, cities, and transit agencies.

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3.

Originally called Tranzmate, Moovit was founded as a startup in Israel in 2012 by developers Nir Erez, Roy Bick, and Yaron Evron.

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4.

In 2013, Moovit went on to receive $28 million of funding from venture-capital Sequoia Capital, BRM Group, and Gemini Funds.

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5.

In March 2014, Moovit launched a "community editor" allowing volunteer editors to generate schedule and map data, providing transit data for areas in which no data is officially available to app developers.

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6.

In 2016, Moovit was awarded The Atlas Award by the Ayn Rand Institute.

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7.

In February 2018, Moovit raised another $50 million in its Series-D funding round.

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8.

In May 2020, Moovit was acquired by Intel for $900 million and has integrated with Mobileye.

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9.

Moovit has been named as the official mobility partner for several sporting events and sports teams.

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10.

Moovit was the official mobility app for the 2016 Olympic Games, UEFA Euro 2016, and the 2018 Asian Games.

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11.

Moovit has been named as the official mobility app of AS Roma, Inter Milan, and Olympique de Marseille.

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12.

In October 2019, Moovit began collaborating with Waze to integrate Waze's carpooling service into Moovit's service in the US, Brazil, Mexico and Israel.

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13.

In June 2017, Moovit announced a new tool for city authorities and transport agencies called 'Moovit urban mobility analytics' that uses population movement data and analytics to provide visual insights on public transport.

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14.

In January 2019, Moovit announced TimePro, a cloud-based GPS-based AVL solution for transit agencies.

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15.

In October 2019, Michigan governor Gretchen Whitmer announced that a mobility app will be developed by Moovit, offering autonomous vehicle rides for attendees of the 2020 North American International Auto Show in Detroit in June 2020.

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16.

Moovit publicly apologized and maintained that its team works hard to filter out and remove inaccurate information "as soon as we become aware of them".

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