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Transit - About the company

Transit is a series B company based in Montreal (Canada), founded in 2013 by Sam Vermette. It operates as an App-based platform offering trip planning services. Transit has raised $24.9M in funding from Accel and Renault–Nissan–Mitsubishi Alliance. The company has 340 active competitors, including 18 funded and 18 that have exited. Its top competitors include companies like Citymapper , Trainman and First Bus.

Company Details

App-based platform offering trip planning services. The platform enables users to plan for various transits like public transits, taxi hailing, etc. It enables users to get live transit details, route navigation services, subway maps, etc. The mobile application is available for Android and iOS devices.
Social
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Email ID
*****@transitapp.com
Phone Number
+1 **********
Key Metrics
Founded Year
2013
Location
Montreal, Canada
Stage
Series B
Total Funding
$24.9M in 4 rounds
Latest Funding Round
Investors
Ranked
Employee Count
1,486 as on Aug 31, 2026
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Transit's funding and investors

Transit has raised a total funding of $24.9M over 4 rounds. Its first funding round was on Apr 15, 2013. Its latest funding round was a Series B round on Nov 05, 2018 for $*****. 4 investors participated in its latest round. Transit has 7 institutional investors.

Here is the list of recent funding rounds of Transit:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 05, 2018
3341785
Series B
9796892
6842598
7355052
1314076
Sep 26, 2017
8934731
Series A
5248507
3618538
1904635
Sep 20, 2016
7696335
Seed
4854895
6151122
9969255
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Transit's founders and board of directors

Founder? Claim Profile
The founders of Transit is Sam Vermette. Sam Vermette is the CEO of Transit.
Here are the details of Transit's key team members:

Transit's employee count trend

Transit has 1,486 employees as of Aug 26. Here is Transit's employee count trend over the years:
Employee count trend for Transit
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Transit's Competitors and alternates

Top competitors of Transit include Citymapper , Trainman and First Bus. Here is the list of Top 10 competitors of Transit, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Citymapper
Citymapper
2011, London (United Kingdom), Acquired
App-based platform offering route planning & transit information for commuters
$60M
74/100
2nd
Logo for Trainman
Trainman
2014, Gurugram (India), Acquired
App-based platform to check PNR status and view railway information
$1.14M
62/100
3rd
Logo for Transit
Transit
2013, Montreal (Canada), Series B
App-based platform offering trip planning services
$24.9M
58/100
4th
Logo for First Bus
First Bus
1875, Aberdeen (United Kingdom), Acquired
Operator of transportation services, including timetables, tickets, and journey planning
-
58/100
5th
Logo for Weego
Weego
2019, Mohammedia (Morocco), Seed
Public transport planning application
$1.1M
56/100
6th
Logo for Berliner Verkehrsbetriebe
Berliner Verkehrsbetriebe
1929, Berlin (Germany), Funding Raised
Operator of public transportation services including trains, subways, trams, and ferries
-
55/100
7th
Logo for National Rail
National Rail
1996, London (United Kingdom), Unfunded
Online portal providing information on UK train timetables
-
-
54/100
8th
Logo for Replica Hq
Replica Hq
2019, Oakland (United States), Series B
AI-enabled data platform offering transport planning solutions
$52M
54/100
9th
Logo for Jakdojade
Jakdojade
2008, Poznan (Poland), Acquired
Real-time public transport information provider in Poland
-
54/100
10th
Logo for MyBus
MyBus
2014, Le Puy (France), Seed
Online platform for transit information
$3.05M
52/100
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Transit's Investments and acquisitions

Transit has made no investments or acquisitions yet.

Reports related to Transit

Here is the latest report on Transit's sector:

News related to Transit

lockFilter this list
•
UTA launches new digital fare payment system with Transit appIntelligent Transport•Mar 10, 2023•Rideuta, Masabi, Transit
•
New Orleans RTA launches new partnership with the Transit appIntelligent Transport•Dec 20, 2022•Transit
•
Transit to distribute AmeriBrakesAuto Service World•Sep 26, 2022•Transit
•
Transit and Curb expand taxi integrationITS International•Sep 30, 2021•Transit, Curb
•
Transit Moves To Subscription ServiceITS International•Sep 06, 2021•Transit
•
•
Fuel pumpsAuto Service World•May 25, 2020•Transit, Agilityautoparts
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FAQs about Transit

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