Moovit

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Moovit
Moovit logo.png
Developer(s)Moovit Inc
Stable release
5.37 (iOS)
5.40 (Android)
5.0 (Moovit on Web)
Operating systemAndroid, iOS, Mobile Web
TypeGPS navigation software
LicenseSoftware and Maps: Proprietary
Alexa rankIncrease 15,193 (January 2018)[1]
Websitehttps://www.moovit.com

Moovit is a world-class Mobility as a Service (MaaS) solutions provider and a public transit app.

History and fundraising rounds[edit]

Moovit, originally called Tranzmate, was founded in 2012 by developers Nir Erez, Roy Bick, and Yaron Evron. Gili Raanan from Sequoia Capital, and Uri Levine, Founder and Former President of Waze, are board members.[2]

In 2012, the company raised $3.5 million in its first round of funding from Gemini Funds and BRM Capital.[3]

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, and Gemini Funds.[4]

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.[5]

In January 2015, the company raised its $50 million Series-C round from Bernard Arnault Group, Nokia Growth Partners, BMW i Ventures, JV, Keolis, Nokia Growth Partners, and former investors Sequoia Capital, BRM Capital, and Gemini Partners.[6]

In November 2015, Moovit received funding from Ashton Kutcher's Sound Ventures.[7]

In February 2018, Moovit raised another $50 million in Series-D funding round lead by Intel Capital, with participation by former investors Sequoia Capital, BMW iVentures, Nokia Growth Partners, Ashton Kutcher’s Sound Ventures, BRM, Gemini, Vaizra, Vintage, and Hanaco. As part of the round Amnon Shashua, President & CEO of Mobileye joined Moovit's board of directors as an observer.[8]

Moovit was chosen as the official mobility partner for the municipality of Rio de Janeiro during the 2016 Olympic Games[9] and it collaborated with the UEFA Fan App for Euro 2016[10] to help fans and athletes have a smoother journey to the games.

In 2018, Moovit was also chosen as the official mobility app of Italian football team AS Roma,[11] the Asian Games,[12] and Inter Milan.[13]

In August 2019, Moovit was chosen as the mobility app of the multi-stage bicycle race La Vuelta a España.[14]

Product[edit]

Moovit
Screenshot of Moovit on iPhone X
Screenshot of Moovit on iPhone X
Original author(s)Moovit
Initial releaseFebruary 9, 2012; 7 years ago (2012-02-09)
Operating system

Moovit offers a real-time journey planner mobile and web app to navigate public transit networks with GPS navigation across transit modes, including buses, ferries, rapid transit (metro/subway/underground, etc.), trains, trams, trolleybuses, ride-hailing (Uber /Lyft), shared bicycle, car sharing, and scooters. 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.[15] 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.[16]

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.[17] In addition to passively sharing data, users can actively send reports including reasons for delays, overcrowding, satisfaction with their bus driver, and Wi-Fi availability.[18]

In Dec 2017, they reached 100 million users and service in 1,500 cities in 78 countries.[19]

In August 2019, Moovit announced that it is used by over 500 million people around the world and is available in more than 3,000 cities across 92 countries around the world and available in 45 languages.[20]

In October 2019, Moovit began collaborating with Waze to integrate Waze's carpooling service in its service in the US, Brazil, Mexico and Israel.[21][22]

Mobility as a Service (MaaS)[edit]

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.[23]

In November 2018, it was announced that Moovit and Microsoft have partnered to provide Moovit's public transit data to Azure Maps to help developers build richer apps.[24]

In January 2019, Moovit announced TimePro,[25] a cloud-based GPS-based AVL solution for transit agencies. TimePro provides accurate real-time bus arrival to users, and a web dashboard displaying the information for all running vehicles.

In January 2019, Uber added public transit to its app using Moovit's Transit APIs.[26]

In February 2019, Moovit, TomTom, and Microsoft announced the world's first truly multi-modal trip planner, combining driving, parking and taking public transit.[27]

In August 2019, Lyft started to use Moovit Transit APIs for their 'Transit' option in New York City.[28]

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.[29]

See also[edit]

References[edit]

  1. ^ "moovit.com Traffic Statistics". Alexa Internet. Amazon.com. November 5, 2017. Retrieved November 5, 2017.
  2. ^ Kim, Ryan (2012-12-28). "Transit App Moovit Takes a Page from Waze's Crowdsourcing Playbook". GigaOm.com.
  3. ^ "Public transport trip planning co Tranzmate raises $3.5m". Globes. 2012-04-18.
  4. ^ Rao, Leena (2013-12-18). "Moovit Raises $28M From Sequoia And Others To Be The Waze For Crowdsourced Public Transit Data". Techcrunch.
  5. ^ "Moovit brings its crowdsourced public transit mapping service to India, starting with Bangalore". The Next Web. 2015-10-19.
  6. ^ Burcher, Mike (2015-01-14). "Moovit Raises $50M To Scale Its Public Transit App, Goes Up Against CityMapper". Techcrunch.
  7. ^ Keane, Jonathan (2015-11-03). "Moovit announces funding from Sound Ventures and pushes into China and India". TechEU.
  8. ^ "Moovit raises another $50M led by Intel for its urban transit app, plans Mobileye collaboration". TechCrunch. 2018-02-21.
  9. ^ "When the Olympics came to town". Smart Cities World. Retrieved 2018-09-03.
  10. ^ "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 2018-09-03.
  11. ^ "Moovit become club's official Global Mobility Partner". www.asroma.com. Retrieved 2018-09-03.
  12. ^ "Moovit is Asian Games official mobility app". Free Malaysia Today. 2018-08-13. Retrieved 2018-09-03.
  13. ^ "INTER and Moovit Promoting a Sustainable Mobility Together". Inter.it. 2019-02-01. Retrieved 2019-02-01.
  14. ^ "La Vuelta and Moovit to boost sustainable mobility". lavuelta.es. 2019-08-13.
  15. ^ Kim, Ryan (2012-12-27). "Transit App Moovit Takes a Page from Waze's Crowdsourcing Playbook". GigaOm.com.
  16. ^ Gannes, Liz (2012-12-29). "Moovit Powers Public Transit App with the Wisdom of the Crowd". AllThingsD.com.
  17. ^ Purdy, Kevin (2012-12-28). "Moovit wants to fix your nightmare commute". FastCompany.com.
  18. ^ 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.
  19. ^ Ohnsma, Alan (2017-12-19). "Moovit Is On A Mission To Speed Up The Bus Ride For Commuters Worldwide". Forbes.
  20. ^ "Moovit reaches half a billion users in 3,000 cities around the world". Mass Transit Magazine. 2019-08-30.
  21. ^ Sawers, Paul (2019-10-30). "Moovit adds Waze carpooling to its public transit app". VentureBeat.
  22. ^ Moon, Mariella (2019-10-30). "Moovit adds Waze carpooling to its public transit app". Engadget.
  23. ^ "Moovit's tool for better urban mobility". Smart Cities World. 2017-06-20.
  24. ^ "Moovit partners with Microsoft to provide public transit data for Azure Maps". VentureBeat. 2018-11-06.
  25. ^ "Moovit expands MaaS offerings with live transit location and Uber integration". Traffic Technology Today. 2019-02-04.
  26. ^ "Uber adds public transit to app as it expands transportation beyond traditional rides". USA TODAY. 2019-03-04.
  27. ^ "Microsoft, Moovit, and TomTom team up for multi-modal transport platform". VentureBeat. 2019-02-12.
  28. ^ "Transit Information at Lyft". Lyft Blog. 2019-08-27.
  29. ^ "Governor Whitmer announces providers selected for NAIAS 2020 Michigan Mobility Challenge". Michigan.gov. 2019-10-22.

External links[edit]