Via raises $200 million to optimize ride-sharing routes with AI

  • “Transportation startup Via today announced that it has raised $200 million in series E financing, bringing its total raised to over $500 million at a $2.25 billion valuation — more than double its $1 billion valuation in 2017.
  • To date, the company says it has provided over 70 million rides around the world, up from 50 million as of July 2019.
  • a report from Edison Trends found that consumer spending on ride-sharing plummeted up to 21% in the seven-day period ending March 16, with further declines likely”

https://www.google.com/amp/s/venturebeat.com/2020/03/30/via-raises-200-million-to-optimize-ride-sharing-routes-with-ai/amp/

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