Transit tech company Via privately filed to go public

By Nat Rubio-Licht,

The market for mobility companies continues to be hot, and Via is the latest to take advantage: It filed to go public in a confidential statement with the SEC, the company announced on Tuesday.

Via said in its announcement that it hasn’t determined how many shares it will offer or the price range for the shares. The company is expected to make its public debut in early 2022, TechCrunch reported.

The filing follows Via raising $130 million in Series G funding in late November, bringing its total funding to more than $777 million, according to Crunchbase, and its valuation to $3.3 billion. Founded in 2012, Via works primarily with governments on improving their public transit systems with buses and shuttles. It has more than 500 partnerships in 35 countries, with major cities including Los Angeles, Jersey City and Miami on its roster.

Via follows in the footsteps of mobility companies like truck maker Xos, EV car developer Rivian and charging company EVgo, which have made public debuts in the past year.

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