What is Moovit?
Headquartered in Ness Ziona, Israel, Moovit operates as a sophisticated MaaS solutions provider. The company distinguishes itself by synthesizing real-time data from public transit authorities with crowdsourced information from its extensive user community. This dual-layered data approach allows the platform to offer highly accurate, real-time navigation and transit planning. As an Intel company, Moovit is uniquely positioned to integrate its mobility intelligence into broader smart city and autonomous vehicle frameworks, effectively bridging the gap between digital transit planning and physical urban infrastructure.
How much funding has Moovit raised?
Moovit has raised a total of $131.5M across 4 funding rounds:
Series A
$3.5M
Series B
$28M
Series C
$50M
Series D
$50M
Series A (2010): $3.5M with participation from BRM Group and Gemini Israel Ventures
Series B (2013): $28M led by Gemini Israel Ventures, Steamboat Ventures, and BRM Group
Series C (2014): $50M supported by Nokia Growth Partners, Keolis, Steamboat Ventures, and Vaizra Investments
Series D (2018): $50M featuring Gemini Israel Ventures, BMW, Intel Capital, Hanaco Venture Capital, Sound Ventures, Vintage Investment Partners, NGP Capital, and Steamboat Ventures
Key Investors in Moovit
Intel Capital
A division of Intel, this firm invests in innovative startups targeting artificial intelligence, autonomous vehicles, and next-generation compute technologies.
BMW i Ventures
Operating with the agility of a venture capital firm, this entity focuses on technologies that enhance electric vehicles, manufacturing solutions, and digital sales platforms.
Gemini Israel Ventures
A private investment firm focused on the smaller end of the middle market, providing both equity and debt capital to companies with strong growth potential.
What's next for Moovit?
Following its major strategic investment, Moovit is well-positioned to expand its enterprise footprint and deepen its integration within the global smart city landscape. The company's focus is expected to shift toward enhancing its predictive analytics capabilities and strengthening partnerships with municipal transit operators. By leveraging its existing data infrastructure, Moovit aims to optimize urban flow and reduce transit friction, further cementing its status as an essential utility for modern metropolitan environments. The ongoing support from its diverse investor base provides the necessary runway to pursue aggressive international expansion and technological innovation in the mobility sector.
See full Moovit company page
