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Moovit

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This is an old revision of this page, as edited by JayMeydad (talk | contribs) at 14:31, 22 March 2018 (The company changed its website from moovitapp.com to moovit.com). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Moovit
Developer(s)Moovit Inc
Stable release
5.14 (iOS)
5.14 (Android)
5.0 (Moovit on Web)
Operating systemAndroid, iOS, Mobile Web
TypeGPS navigation software
LicenseSoftware and Maps: Proprietary
Websitehttps://www.moovit.com

Moovit is the world's largest transit data and mobility analytics company and the #1 transit app. By combining information from public transit operators and authorities with live information from its user community, Moovit offers transit riders a real-time picture, including the best route for the journey. Named Best Local App by Google in 2016[2] and one of Apple’s Best Apps of 2017[3], Moovit is available for free on iOS, Android and the Web in more than 2,000 cities, across 80 countries, and can be used in 44 languages[4]. More than 100 cities, global events and partners, including Rio de Janeiro for the 2016 Olympics[5], AS Roma[6] and UEFA have made Moovit their official transit app. In 2017 Moovit launched its Smart Transit Suite[7] of products to help cities, governments and transit operators improve urban mobility in their cities.

Overview

Moovit offers real-time public transit information and GPS navigation across transit modes, including buses, ferries, rapid transit (metro/subway/underground, etc), trains, trams, and trolleybuses. Users can access a live map, and view nearby stops and stations based on their current GPS location, as well as plan trips across transportation modes based on real-time data.[8] The application differs from traditional public transit applications as it is community-driven and integrates official public transit data from transit operators with real-time data collected from users via crowdsourcing.[9] In March 2014, Moovit became the first provider to create transit data for areas in which no data is officially available (or where local transit agencies do not offer it to app developers) by creating a "community editor" and allowing volunteer editors to generate schedule and map data[10] to be loaded into the Moovit app. In January 2018, they had over 250,000 "Mooviters" all around the world.

By riding with the Live Directions feature active, users can passively and anonymously transmit their speed and location data to Moovit. Moovit then integrates this crowdsourced data with public transit schedules to improve trip plan results based on current conditions, and share this data with the user community.[11] In addition to passively sharing data, users can actively send reports including reasons for delays, overcrowding, satisfaction with their bus driver, and wifi availability.[12] Moovit amasses up to one billion anonymous data points a day to add to the world’s largest repository of transit data.

Moovit is available in more than 2,000 cities across 80 countries around the world including New York, Barcelona, Bogota, Cape Town, Istanbul, London, Los Angeles, Madrid, Mexico D.F., Paris, Rio de Janeiro, Rome, São Paulo, Santiago de Chile, Sydney, Tel Aviv, and Toronto.[13] The app is free for mobile Android, iOS, and Windows devices.[14]

Moovit uses data from OpenStreetMap, a collaborative project to create a free editable map of the world based on the Open Database License.[citation needed]

The company released their first annual Global Public Transit Usage Report in December 2016.

In June 2017, the company released a new product called Moovit Insights providing public transit ridership and usage statistics for over a hundred cities around the world.

On February 21, 2018, Moovit raised $50 million in Series D funding led by Intel Capital.[15]

Awards

Moovit has received several awards including:

  • MTA App Quest 2013 Popular Choice Award[16]
  • Best App at the Smart Cities Expo World Conference 2013[17]
  • One of the top ten Most Promising Start Ups by Ernst and Young[18]
  • The 2014 GeekTime Awards for Best Mobile Startup & Best Startup Overall[19]
  • Atlas Award for Best Israeli Start-Up 2017[20]
  • GeekTime Geek Award 2016 for Best Mobile Startup[21]
  • Google Play award for Best Local App 2016 in USA, Canada, Middle East & North America, and Hong Kong[22]
  • Apple App Store "Best of 2017" in the Sustainability category[23]

Moovit was selected by the City Hall of Rio as the official transit app of the Rio 2016 Olympics[24] and collaborated with the UEFA EURO 2016 Fan Guide App to help football fans get around during the EURO 2016 football competition.[25]

Company

The Moovit app was created by Moovit Inc,[26] a company founded in 2012 by Nir Erez, Roy Bick, and Yaron Evron.[27] Uri Levine, Founder and Former President of Waze, is a board member.[28] The company raised $3.5 million in its first round of funding from Gemini Funds and BRM Capital.[29] In Q2 of 2012 the company launched Beta, and by Q4 launched worldwide. In 2013, Moovit received Venture-capital backing of $28 million from Sequoia Capital, BRM Group, Gemini Funds.[30] In Q1 of January 2015, the company raised its $50 million Series-C round from Bernard Arnault, BMW i Ventures, BRM Capital, JV, Gemini Partners, Keolis, Nokia Growth Partners, Sequoia Capital, and Vaizra Partners.[31] In November 2015, Moovit received funding from Sound Ventures.[32] Moovit raised $50 million in its Series D financing in February 2018 led by Intel Capital. All Moovit’s earlier investors participated, including Sequoia Capital, BMW iVentures, NGP, Sound Ventures, BRM, Gemini, Vaizra, Vintage, and newcomer Hanaco. The infusion of capital brings Moovit’s funding to $133 million.[33]

Moovit Carpool

In January 2016, the company launched a carpool service called Moovit Carpool.[34] In Nov 2016, Moovit Carpool was launched in Rome, Italy.[35] In June 2017, Moovit Carpool was launched in São Paulo, Brazil.[36]

See also

References

  1. ^ "moovit.com Traffic Statistics". Alexa Internet. Amazon.com. November 5, 2017. Retrieved November 5, 2017.
  2. ^ "Best Apps of 2016 - Google Play". Retrieved 2018-02-05.
  3. ^ Inc., Apple. "Best of 2017 - App Store - Apple Developer". developer.apple.com. Retrieved 2018-02-05. {{cite web}}: |last= has generic name (help)
  4. ^ "Moovit is the world's #1 transit app". Moovit is the world's #1 transit app. Retrieved 2018-02-05.
  5. ^ "Case Study: Moovit Rio Olympics 2016" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  6. ^ "Moovit unveiled as new AS Roma Global Mobility Partner" (PDF). {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  7. ^ "Solutions for Smart Cities | Moovit". Solutions for Smart Cities | Moovit. Retrieved 2018-02-05.
  8. ^ Kim, Ryan (2012-12-28). "Transit App Moovit Takes a Page from Waze's Crowdsourcing Playbook". GigaOm.com. Retrieved 2013-01-01.
  9. ^ "Moovit Powers Public Transit App with the Wisdom of the Crowd". AllThingsD.com. 2012-12-28. Retrieved 2013-01-01.
  10. ^ "Moovit launches its public transit mapping service in Bangalore". The Next Web. Retrieved 2016-01-10.
  11. ^ Purdy, Kevin (2012-12-28). "Moovit wants to fix your nightmare commute". FastCompany.com. Retrieved 2012-12-28.
  12. ^ Velazco, Chris (2012-12-20). "Social Transit App Moovit Launches in New York City Just in Time to Help All Those Hapless Tourists". TechCrunch.com. Retrieved 2012-12-27.
  13. ^ Dickey, Megan Rose (2014-06-09). "Lyft Just Made It Even Easier To Get A Ride When Public Transportation Screws You Over". Business Insider. Retrieved 2014-06-10.
  14. ^ "Lyft Partners With Moovit As Car-Sharing Battle Continues". Forbes. 2014-06-09. Retrieved 2014-06-10.
  15. ^ Lunden, Ingrid. "Moovit raises another $50M led by Intel for its urban transit app, plans Mobileye collaboration". TechCrunch. Retrieved 2018-02-21. {{cite news}}: no-break space character in |title= at position 82 (help)
  16. ^ http://2013mtaappquest.challengepost.com/submissions/16860-moovit
  17. ^ http://opencities.net/challenges
  18. ^ http://www.prnewswire.com/news-releases/moovit-named-one-of-israels-top-ten-most-promising-startups-of-2013-2014-228175921.html
  19. ^ http://www.geektime.com/2015/01/26/and-the-geek-award-goes-to/
  20. ^ "Ayn Rand-inspired start-up award debuts in Israel, but carries controversy". Retrieved 2016-10-05.
  21. ^ "And the Geek Award 2016 goes to…". Geektime. 2016-01-31. Retrieved 2016-10-05.
  22. ^ "Best Apps of 2016 - Google Play". play.google.com. Retrieved 2016-12-12.
  23. ^ Inc., Apple. "Best of 2017 - App Store - Apple Developer". moovit.me. Retrieved 2017-12-13. {{cite web}}: |last= has generic name (help)
  24. ^ "When the Olympics came to town". Smart Cities World. Retrieved 2016-10-05.
  25. ^ "Transit App Moovit's Collaboration with the UEFA EURO 2016 Fan Guide App Will Help Football Fans Get Around During EURO Competition". SportTechie. 2016-06-03. Retrieved 2016-10-05.
  26. ^ "Moovit App User Licence" (PDF). moovit.com. Retrieved 27 April 2015.
  27. ^ "The Team". moovit.com. Retrieved 2012-12-27.
  28. ^ Kim, Ryan (2012-12-28). "Transit App Moovit Takes a Page from Waze's Crowdsourcing Playbook". GigaOm.com. Retrieved 2013-01-01.
  29. ^ "Public transport trip planning co Tranzmate raises $3.5m". Globes. 2012-04-18. Retrieved 2012-12-27.
  30. ^ https://techcrunch.com/2013/12/18/moovit-raises-28m-from-sequoia-and-others-to-be-the-waze-for-crowdsourced-public-transit-data/
  31. ^ https://techcrunch.com/2015/01/14/moovit-raises-50m-to-scale-its-public-trans-app-goes-up-against-citymapper/
  32. ^ http://tech.eu/brief/moovit-announces-funding-sound-ventures-pushes-china-india/
  33. ^ "Moovit Press Release" (PDF).
  34. ^ "Moovit launches ridesharing services in Israel". Globes. Retrieved 4 January 2016.
  35. ^ "Moovit launched "Moovit Carpool" in Rome". Gemini News. 2016-11-07. Retrieved 2016-11-07.
  36. ^ "Antes do Waze, Moovit lança serviço de carona em São Paulo". Globo. 2017-06-12. Retrieved 2017-06-12.
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