Transit Tech Firm Via Works With Goldman to Revive IPO

Via Transportation Inc., a tech company focused on helping people get around cities, is reviving plans for an initial public offering after originally filing for one in 2021.

The number of shares to be offered and the price range for the proposed offering have not yet been determined, the company said in a statement on Wednesday. It’s working with Goldman Sachs Group Inc., Morgan Stanley and Allen & Co. on the listing, according to a person familiar with the matter, who asked not to be identified because the information is not public. Via was valued at $3.5 billion after a 2023 funding round led by venture capital firm 83North. Other investors include Exor NV, Pitango and Janus Henderson.