Reuters: IPOX® CEO Josef Schuster on Via’s IPO and U.S. Market Sentiment
Reuters reported that Via Transportation, a New York-based transit-technology company that develops platforms for public transportation systems worldwide, has filed for an U.S. IPO. The company disclosed a 27% revenue increase in the first half of 2025 to $205.8 million, alongside a narrowed net loss of $37.5 million.
Via was valued at $3.5 billion in a 2023 funding round led by 83North and plans to list its shares on the New York Stock Exchange under the ticker symbol “VIA,” with Goldman Sachs, Morgan Stanley, Allen & Company, and Wells Fargo Securities as lead underwriters.
In the article, IPOX® CEO Josef Schuster commented on broader IPO market dynamics:
“During the next few weeks, IPO activity is expected to be seasonally subdued. Afterwards, we expect U.S. IPO activity to continue to come in at a brisk pace, driven by strong sentiment for stocks as a whole.”
Schuster noted that Via’s IPO will be an important test for investor sentiment toward other companies in the travel- and transit-tech sector, such as Navan, which has also confidentially filed for a New York listing.
Read the full article by Arasu Kannagi Basil on Reuters:
https://www.reuters.com/business/transit-tech-firm-via-reveals-revenue-gains-us-ipo-filing-2025-08-15/