Amnon Shashua, the cofounder and CEO of Mobileye, an Israeli company that was acquired in 2017 by Intel for $15.3 billion, sits on the board of directors of Moovit. Since 2017, Mobileye revenues have more than doubled on the increased adoption of ADAS based on Mobileye’s industry-leading technology.
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Founded in 2011 Moovit has raised $134 million. Investors include Waze founder Uri Levin, who also serves as Moovit’s chairman, Gemini, the Barkat brothers BRM, Vintage, and Sequoia. Intel Capital invested in Moovit’s $50 million financings round in 2018.