Transit

Transit is a mobile-based platform that offers sustainable transportation planning solutions for commuters. Read more

889 Followers on Owler
889 Followers on Owler
889 Followers on Owler
889 Followers on Owler

Transit

Transit is a mobile-based platform that offers sustainable transportation planning solutions for commuters. Read more

Sam Vermette's photo - Co-Founder & CEO of Transit

Co-Founder & CEO

Sam Vermette

CEO Approval Rating

62/100

Founded:

2013

Status:

PrivateIndependent Company

TRANSIT TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Citymapper is seen as one of Transit's biggest rivals. Citymapper was founded in 2011 in London, England. Like Transit, Citymapper also operates in the Application Software sector. Citymapper generates $10M more revenue than Transit.

Waze is one of Transit's top competitors. Waze was founded in 2007, and its headquarters is in Mountain View, California. Like Transit, Waze also operates in the Application Software space. Waze has 445 more employees than Transit.

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Growth Score - 1/1

Is 110 a good estimate for Transit's Employee count?

Transit Acquisitions

No recent acquisitions found related to Transit

Transit Funding History

Since Transit was founded in 2013, it has participated in 3 rounds of funding. In total Transit has raised $24.9M. Transit's last funding round was on Nov 2018 for a total of $17.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series B
Nov 2018
$17.5M
Series A
Sep 2017
$5M
Unattributed
Sep 2016
$2.4M

Accel Partners

Since Transit was founded in 2013, it has participated in 3 rounds of funding. In total Transit has raised $24.9M. Transit's last funding round was on Nov 2018 for a total of $17.5M

Transit Investments

No recent investments found related to Transit

Transit News

September 8, 2020Montreal in Technology

Transit App offering Touchless Fares on STM, EXO & others

Montreal's Transit app has for years been a trusted sources of real-time information for bus and trai... See more »
August 28, 2020Metro Magazine

Real-time Info to Help Riders with OC Bus Capacity

With the Transit app, those waiting for a bus can get information showing that a particular bus has "... See more »
August 26, 2020The Business Journals: San Jose

Transit planner thinks private funding could speed up Silicon Valley project

Are there faster, cheaper transit technologies available for Stevens Creek Boulevard and an airport c... See more »
April 14, 2020Metro Magazine

Transit, rideshare partnerships may rise in post-pandemic era, new study argues

The uncertainties created by coronavirus crisis, the authors maintain, have made it more important th... See more »
February 12, 2020Brake and Frontend

Transit Launches Performance Brake Rotor Line

The new DS-One line is drilled and slotted for use on heavy-duty applications like SUVs and pickup tr... See more »
January 6, 2020Intelligent Transport

RTC Southern Nevada transport payments now included in Transit app

The service combines RTC buses, the Las Vegas Monorail, RTC Bike Share, and first- and last-mile oper... See more »
December 2, 2019Engadget

Transit's Apple Watch app returns after two-year hiatus

More than a few well-known developers pulled their Apple Watch apps in the past couple of years due t... See more »

Transit Blogs

Transit Press Releases

Social Media

Transit Headquarters

5333 avenue Casgrain Suite 803

Montreal, QuebecH2T 1X3

Driving Directions »

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Transit Summary

ABOUT

Overview

Transit is a mobile-based platform that offers sustainable transportation planning solutions for commuters. Transit was founded in 2013. Transit's headquarters is located in Montreal, Quebec, CA H2T 1X3. It has raised 24.9M in 3 rounds. The latest r...

CEO

Transit's Co-Founder & CEO, Sam Vermette, currently has an approval rating of 62%. Transit's primary competitors are Moovit, Citymapper & Waze.

Website

transitapp.com

Frequently Asked Questions about Transit

  1. When was Transit founded?

    Transit was founded in 2013
  2. Who is Transit's CEO?

    Transit's CEO is Sam Vermette
  3. How much revenue does Transit generate?

    Transit generates $2M in revenue
  4. How much funding does Transit have?

    Transit has historically raised $24.9M in funding
  1. Where is Transit's headquarters?

    Transit's headquarters is in Montreal Quebec, CA
  2. How many employees does Transit have?

    Transit has 110 employees
  3. What sector does Transit operate in?

    Transit is in Application Software, GPS
  4. Who are Transit's competitors?

    Transit's top competitors are Moovit, Citymapper, Waze