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 323 active competitors, including 19 funded and 17 that have exited. Its top competitors include companies like Citymapper , First Bus and Trainman.
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 323 active competitors
Employee Count
1,436 as on Apr 30, 2026
Similar Companies
Sign up to download Transit's company profile
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:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 05, 2018 | 2334954 | Series B | 9489886 | 4601304 | 4306818 | 1630412 |
Sep 26, 2017 | 6089700 | Series A | 1601131 | 1521888 | 6651706 | |
Sep 20, 2016 | 8827801 | Seed | 1192877 | 5905173 | 6180755 |
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 1,436 employees as of Apr 26. Here is Transit's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Transit's Competitors and alternates
Top competitors of Transit include Citymapper , First Bus and Trainman. Here is the list of Top 10 competitors of Transit, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
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 | First Bus 1875, Aberdeen (United Kingdom), Acquired | Operator of transportation services, including timetables, tickets, and journey planning | - | 59/100 | |
3rd | App-based platform offering trip planning services | $24.9M | 58/100 | ||
4th | App-based platform to check PNR status and view railway information | $1.14M | 58/100 | ||
5th | Real-time public transport information provider in Poland | - | - | 56/100 | |
6th | Public transport planning application | $1.1M | 55/100 | ||
7th | Replica Hq 2019, Oakland (United States), Series B | AI-enabled data platform offering transport planning solutions | $52M | 55/100 | |
8th | Online platform for transit information | $3.05M | 52/100 | ||
9th | AC Transit 1960, United States, Funding Raised | Operator of public transportation providing bus services and related resources | - | 50/100 | |
10th | Online platform for train-related information | - | - | 49/100 |
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.
News related to Transit
•
•
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 App Integrates Los Angeles Metro's On-Demand Service, Metro MicroNewswire•Jul 29, 2021•Transit
•
Transit appoints new regional manager for Ontario & Western CanadaAuto Service World•Mar 12, 2021•Transit, Jobber
•
Are you a Founder ?
FAQs about Transit
Explore our recently published companies
- ROFF Ties & Cuffs - Singapore based, 2006 founded, Deadpooled company
- Metzler Switzerland - Switzerland based, Unfunded company
- Thomasnayler - United Kingdom based, Unfunded company
- Wildlandservices - Auburn based, 2009 founded, Unfunded company
- Boninogroup - 1979 founded, Funding Raised company
- Techlib - India based, 2011 founded, Unfunded company