Transit Startup Via Bucks Tough Market to Win Higher Valuation
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Via Transportation Inc., a software technology startup that helps commuters find and use public transit routes, overcame tough times in capital markets to raise money at a $3.5 billion valuation.
London-based venture capital firm 83North led the $110 million fundraise, which included participation from new and existing investors, Via will announce Monday. The company snagged a $3.3 billion valuation when it last tapped investors, in November 2021.