Wednesday, February 21, 2018

Ashton Kutcher's Sound Ventures Backs Moovit In $50M Funding

Moovit, a startup develops a transit application which helps users plan their public transit trips, has raised $50M in a Series D funding round, which included funding from Los Angeles-based Sound Ventures, the venture capital fund run by Ashton Kutcher and Guy Oseary. According to Moovit--which is split between Tel Aviv, Israel and San Francisco--the fundingwas led by Intel Capital, and also included Sequoia Ventures, BMW iVentures, NGP, Ashton Kutcher's Sound Ventures, BRM, Gemini, Vaizra, Vintage, and Hanaco. More information »

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