Mar 31, 2020 - Economy & Business

Via raises $200 million from Fiat Chrysler owner Exor

Photo: Via

Via, a transportation software company best-known for its carpool service in New York City, has raised $200 million in Series E funding led by Exor, a holding company whose portfolio includes Fiat Chrysler. The company' valuation more than doubled since its last round to $2.25 billion.

Why it matters: It’s remarkable that the company was able to get this deal despite the coronavirus pandemic severely reducing demand for ride-hailing and public transit.

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