Ashton Kutcher invests in Israeli transit app
  • 8 years ago
Moovit, an Israel-based public transit app serving over 700 cities worldwide, on Tuesday secured a new investment from Sound Ventures, a VC firm founded by Ashton Kutcher and Guy Oseary, the Globes financial newspaper reported.
Users of the app can access a live map and view nearby stops and stations based on their current GPS location, as well as plan trips across transportation modes based on real-time data.
Moovit, which is free on iPhone, Android, and Windows Phone, is available across more than 500 cities around the world including New York, London, Los Angeles, Paris, Madrid, Barcelona, Rome, Rio de Janeiro, Sydney, Toronto, and Tel Aviv.
"Moovit's mission to make public transport a first choice for people across the globe, cutting back on individual car usage and making cities smarter, sits well with our vision to invest in game changers.
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