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.
- Website
- transitapp.com
- 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
Ranked
3rd among 340 active competitors
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:
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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 |
View details of Transit's funding rounds and investors
Transit's founders and board of directors
Founder? Claim ProfileThe founders of Transit is Sam Vermette. Sam Vermette is the CEO of Transit.
Here are the details of Transit's key team members:
- Sam Vermette: Co-Founder & CEO of Transit. Contact Info: 1 email address
View details of Transit's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Citymapper 2011, London (United Kingdom), Acquired | App-based platform offering route planning & transit information for commuters | $60M | 74/100 | |
2nd | App-based platform to check PNR status and view railway information | $1.14M | 62/100 | ||
3rd | App-based platform offering trip planning services | $24.9M | 58/100 | ||
4th | First Bus 1875, Aberdeen (United Kingdom), Acquired | Operator of transportation services, including timetables, tickets, and journey planning | - | 58/100 | |
5th | Public transport planning application | $1.1M | 56/100 | ||
6th | Berliner Verkehrsbetriebe 1929, Berlin (Germany), Funding Raised | Operator of public transportation services including trains, subways, trams, and ferries | - | 55/100 | |
7th | National Rail 1996, London (United Kingdom), Unfunded | Online portal providing information on UK train timetables | - | - | 54/100 |
8th | Replica Hq 2019, Oakland (United States), Series B | AI-enabled data platform offering transport planning solutions | $52M | 54/100 | |
9th | Real-time public transport information provider in Poland | - | 54/100 | ||
10th | Online platform for transit information | $3.05M | 52/100 |
Looking for more details on Transit's competitors? Click here to see the top ones
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
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Williamsburg Area Transit Authority (WATA) Launches Mobile Ticketing in the Transit App, Powered by MasabiMasabi•Feb 03, 2025•Masabi, Transit
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UTA launches new digital fare payment system with Transit appIntelligent Transport•Mar 10, 2023•Rideuta, Masabi, Transit
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New Orleans RTA launches new partnership with the Transit appIntelligent Transport•Dec 20, 2022•Transit
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Greater Dayton Regional Transit Authority, Masabi, Transit app launch account-based ticketing for Tapp PayTelecompaper•Oct 05, 2021•Transit, Masabi
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Transit App Integrates Los Angeles Metro's On-Demand Service, Metro MicroNewswire•Jul 29, 2021•Transit
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Transit appoints new regional manager for Ontario & Western CanadaAuto Service World•Mar 12, 2021•Transit, Jobber
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