Why did Via go out of business?


Why did Via go out of business? “It came down to focus and opportunity costs.” Via, founded in 2012, initially set out build software for public transit systems that would allow them to provide on-demand service as an alternative to fixed-route buses.


What happened to via in New York?

The Israeli transittech company will stop providing rides in New York from December 20 as part of its increased focus on being a public transit solutions provider. Israeli TransitTech company Via notified its drivers on Wednesday that it will be discontinuing its New York City ridesharing service on December 20.


How is Via different from Uber?

Via Has A MUCH Lower Commission Than Uber Via takes far less of each fare than Uber or Lyft. In Chicago and Washington DC, Via only charges a 15% service fee on each fare. In New York City they only charge 10% for Blue Mode and 20% for Flex. Both are MUCH lower than the commission rates charged by Uber and Lyft.


Does Via not work in nyc anymore?

The Israeli transittech company will stop providing rides in New York from December 20 as part of its increased focus on being a public transit solutions provider. Israeli TransitTech company Via notified its drivers on Wednesday that it will be discontinuing its New York City ridesharing service on December 20.


Is there Via in Miami?

Miami MetroConnect's service is powered by Via. Via has a strict Zero Tolerance policy. Driver partners are prohibited from driving on the Via Platform while under the influence of alcohol or drugs, and riders are prohibited from consuming alcohol or drugs inside the vehicle.


Who are the investors in Via transit?

Pitango VC and Common Fund are the most recent investors. Via has a post-money valuation in the range of $1B to $10B as of Dec 1, 2021 , according to PrivCo.


Is Via still in DC?

Via's New York City and Washington, DC rideshare services will end on December 20th. Dear Via-istas, We founded Via with a clear vision: a smart, on-demand mass transit system that would seamlessly supplement a city's existing public transportation network.


What happened to Juno rideshare?

Juno was acquired by Gett in 2017, for $200,000,000. Juno ceased all transportation operations on 18 November 2019. Juno sought an order to tap $1 million of a $4.5 million loan from its parent company to fund a bankruptcy liquidation on 20 November 2019.