Via announced the acquisition of Downtowner, a transportation technology company specializing in innovative and efficient public transit solutions for Destination Cities. 

The acquisition expands Via’s public transit platform with a solution designed and honed over more than a decade to address a key segment of the transit market.

The Downtowner Acquisition

Founded in 2012, Downtowner has developed a software-powered transit solution that has been adopted by cities, including Aspen, Colorado; Park City, Utah; and Truckee, California. 

With the addition of Downtowner, Via will broaden its platform with a product and proprietary data to efficiently manage seasonal demand, support critical local commuting needs, and operate in complex topographic environments subject to significant weather impacts, company officials said. 

Downtowner’s experience and data from years of partnering with Destination Cities will directly contribute to Via’s proprietary transit datasets, accelerating the development of Via’s AI solutions, including its flagship AI for Cities product, said Via Co-founder/CEO Daniel Ramot.

“We have long appreciated Downtowner’s unique solution and their ability to provide exceptional technology-powered dynamic transit for the communities they serve,” he said. “We are delighted to welcome the Downtowner founders and team into the Via family, and we are looking forward to partnering with Downtowner’s customers to further enhance their public transit systems with Via’s broad transit product portfolio.”

The acquisition of Downtowner follows Via's highly successful acquisitions and integrations of Remix and Citymapper onto its platform, as well as its initial public offering on the New York Stock Exchange.