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MOOVIT INC.

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MOOVIT INC. - ICT showcase

Year Founded & Workforce

2012

150 Employees

Industry

ICT

Services

MaaS
M

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MOOVIT INC. Overview

Company Headquarters: Israel

Founded: 2012

Workforce: ~150

Company Working: Moovit Inc. (Moovit) is a Privately-held MaaS provider that develops Public transport application for iPhone and Android users. The company offers Moovit, a mobile application that combines transit data with live inputs from The US ers and provides information about the trip and suggests comfortable routes. The company is backed by strong investors such as Intel Capital, NGP Capital, BMWi, Sound Ventures and others that drive MaaS and MaaS analytics offerings. The company operates in the Americas, Europe, and Asia-Pacific.

Strategy

Moovit focuses on enhancing its MaaS platform. To achieve this, the company aims at strengthening its technical capabilities through strategic partnerships with giants such as Microsoft Corporation and TomTom International BV. These companies offer real-time transit information to commuters that enable it to retain and increase its customer base.

Company Snapshot

150

Employees

2012

Founded

Israel

Headquarters

Key Developments

DateApproachDevelopment
February 2019PartnershipMoovit, Microsoft Corporation, and TomTom International BV, a leading provider of GPS navigation solution jointly partnered to enhance Moovit’s multi-modal transport platform for urban commuters. The partnership offers commuters with a range of options to plan a trip through Public transit, ride-sharing, bike, and Car and offers information regarding available parking lots in real time.
November 2018PartnershipMoovit partnered with Microsoft Corporation to integrate its transportation platform with Azure Maps. The partnership allows Moovit to provide transit APIs into Azure Maps so that third-party developers can build apps for the commuters.

Product Offering

  • MOOVIT INC.
    • MaaS

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