The Israeli Company of Smart Public Transport and Mobility solutions through transport and investors selling shares have raised $ 493 million in an initial public offer (OPI) in the New York Stock Exchange (NYSE). The company will begin to quote today using the ticket.
Via sold around 10.7 million shares to $ 46 each, above its price range of $ 40 to $ 44 per share, giving an assessment of $ 3.65 billion.
The OPI was directed by the Goldman Sachs, Morgan Stanley, Allen & Company, Wells Fargo Securities, Deutsche Bank and Guggenheim Securities, as well as other Oppenheimer, Needham and William Blair investment banks.
Via was founded in 2012 by Israeli businessmen Daniel Ramot and Ears Shoval, and began as a transport application as Uber. Over the years, the company revolved to provide software solutions to the urban transport authorities to rationalize public transport systems and connect passengers with collection points and attend employment, health and education services.
Via technology allows the authorities to replace obsolete systems with dynamic platforms based on data and demand, which reduces operating costs, improves the experience of passenger trip and increases the number of public transport users.
The company currently works in hundreds of cities in 30 countries and is considered one of the main actors in the field of intelligent transport.
According to its financial report, the company had income of $ 205.8 million in the first half of 2025, 27% more than the corresponding period last year. The net loss was $ 37.5 million compared to a net loss or $ 50.4 million in the corresponding period last year.
Posted by Globes, Israel Business News – Y.globes.co.Il – on September 12, 2025.
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