About Transit
Transit is a company based in Montreal (Canada) founded in 2013 by Guillaume Campagna and Sam Vermette. It operates as a Freemium and Mobility-as-a-Service. Transit has raised $24.94 million across 4 funding rounds from investors including Accel, Renault–Nissan–Mitsubishi Alliance and Real Ventures. Transit offers products and services including Transit App. Transit operates in a competitive market with competitors including Trainman, Meep, Tummoc, Chelaile and RideScout, among others.
- Headquarter Montreal, Canada
- Founders Guillaume Campagna, Sam Vermette
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$24.94 M (USD)
in 4 rounds
-
Latest Funding Round
$17.5 M (USD), Series B
Nov 05, 2018
-
Investors
Accel
& 5 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Transit
Transit offers a comprehensive portfolio of products and services, including Transit App.
Navigation app for public transit across cities.
Funding Insights of Transit
Transit has successfully raised a total of $24.94M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $17.5 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Transit
Transit has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, Renault–Nissan–Mitsubishi Alliance and Real Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Accel is recognized as a leading venture capital firm.
|
Locked | Locked | Locked | |
|
Early-stage venture capital is provided to Canadian technology startups by Real Ventures.
|
Locked | Locked | Locked | |
|
Venture capital and startup studio firm focused on transportation tech companies
|
Locked | Locked | Locked |
Investor details for Transit
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Transit
Investment portfolio details for Transit
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Transit
Detailed financials for Transit
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Transit Comparisons
Peer comparison for Transit
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Transit
Transit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trainman, Meep, Tummoc, Chelaile and RideScout, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
App-based platform to check PNR status and view railway information
|
|
| Locked | Locked | Locked |
Multi-modal mobility solutions are delivered via an app-based platform.
|
|
| Locked | Locked | Locked |
App-based platform offering real-time transit information and planning solutions
|
|
| Locked | Locked | Locked |
App-based trip planning platform for transit operators
|
|
| Locked | Locked | Locked |
Online platform offering aggregated mobility management services
|
Detailed competitors of Transit
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Transit
Complete news archive for Transit
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Transit
Transit was founded in 2013.
Transit is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Sam Vermette is the current CEO of Transit. They have also founded this company.
Transit is a funded company, having raised a total of $24.94M across 4 funding rounds to date.
Transit is created as a mobile application to assist users in navigating urban areas using public transportation options such as buses, trains, bikes, and walking. It is designed to provide real-time data, trip planning, and step-by-step navigation across over 900 cities worldwide. Solutions are tailored to integrate with local transit agencies, incorporating features like fare purchasing and crowdsourced data for improved accuracy. The app is utilized in various sectors including urban mobility and sustainable transport, fostering community engagement by collecting rider feedback to enhance transit services.
Transit offers Transit App.
Transit has 6 investors. Key investors include Accel, Renault–Nissan–Mitsubishi Alliance, Real Ventures, InMotion Ventures, and Accomplice.