Journey-Planning App Citymapper Sold to Transit Tech Company Via

March 16, 2023, 1:00 PM UTC

New York-based software technology startup Via Transportation Inc. has acquired popular navigation app Citymapper Ltd.

Founded in 2012, British app maker Citymapper has built a devoted following for its cleverly designed interface and deep integration into real-time urban transport systems. More than 50 million users across 100 cities have used the app, Via said in a statement Thursday. Terms were not disclosed.

Citymapper has struggled to make money for years. In 2021, per the most recent accounts available in British filings, Citymapper lost £7.4 million ($8.9 million) on revenue of £5.1 million, though that’s while cities were still in ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.