Transportation tech firm Via confidentially files for IPO

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Transportation tech firm Via confidentially files for IPO

Dec 21 Reuters Travel technology company Via said on Tuesday it had confidentially filed for an initial public offering in the United States.

The New York-based firm develops public mobility systems by building a network of buses, shuttles, wheelchair-accessible vehicles, and autonomous and electric vehicles.

In New York, both software companies Samsara Inc and HashiCorp Inc recently floated their shares at a price of $10 billion each.

Via didn't reveal the number of shares or the price range for its proposed offering.

Some of the investors in the company include BlackRock, ION Crossover Partners, Koch Disruptive Technologies and Exor.

Via has forged partnerships with 500 companies and expanded its footprint to 35 countries as of Nov. 30.