Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
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.