Transit Data Company Moovit Expands Services To Local Car And Bike Sharing In Israel

Israeli-founded transit data company Moovit announced on Thursday that it will incorporate local vehicle sharing services into its public transit app, CTech reported. As part of this expansion, app users will have access to Tel Aviv’s shared car service Auto-Tel, bicycle sharing service Mobike, developed by Beijing Mobike Technology, and US electric scooter sharing service Bird.

The newly introduced services will be shown as part of the app’s navigation options, enabling users to make direct bookings.

The Moovit app provides real-time information on the fastest public transportation routes (buses, trains and underground). The app, which has been commonly referred to as the “Waze for public transport,” is available in 44 languages and has 300 million users in 85 countries.

Moovit also sells transit data analytics to municipalities and public transport operators through its Smart Transit Suite, a platform that provides real-time information on people’s movement, optimal routes, wait times, locations of buses and trains and other data for network managing. Moovit says it generates more than a billion movement data points a day with crowdsourcing from users and 450,000 local editors spread across the world.

The company recently announced a partnership with Microsoft that aims to integrate Moovit’s transportation platform into Microsoft’s Azure Maps, allowing developers who use Azure Maps to hook into Moovit’s transit data.

Moovit was founded in 2012 by Erez, Yaron Evron, and Roy Bick. The company has raised over $130 million to date, including a $50 million funding round last February led by Intel.