TEL AVIV, Israel, October 17, 2013 /PRNewswire/ --
Moovit, the world's first crowdsourced public transit app, announced today that it has been named one of Israel's top ten most promising startups of 2013. The prestigious award was presented to Moovit during the Ernst & Young (E&Y) Journey 2013 conference, the preeminent hi-tech conference in Israel. Past recipients of the award include Waze, Onavo, Outbrain, Wix, and Conduit.
"We are proud to be recognized as one of Israel's most promising startups for 2013," said Nir Erez, CEO and Co-Founder of Moovit. "Moovit is changing the experience of using public transit for millions of users around the world. We are proud of the platform we've built and the user community that is growing around Moovit. We are revolutionizing the entire transit experience, from searching for information to paying for the journey to navigating safely to your destination, and we're excited about our next steps."
The Ernst & Young Journey Conference is Israel's most prestigious annual business conference. It features leading technology, healthcare, and cleantech companies from around the "startup nation". The conference serves as the focal point for senior corporate executives, entrepreneurs, financial experts and investors from Israel and abroad. Moovit joins an esteemed list of past award recipients that includes Waze, (acquired by Google for $1B in June 2013), Onavo (acquired by Facebook for $1.1B), Outbrain, Wix, and Conduit.
Moovit - is revolutionizing the way people experience public transport around the world. By combining public transport data with live inputs from the crowd, Moovit gives commuters a complete real-time snapshot of what their trip will be like and suggests the fastest, most comfortable routes. The more people use Moovit, the better the real-time data becomes, improving trip planning and navigation for the entire community. Moovit currently has more than 2.5 users across more than 60 cities including New York, London, Madrid, Rome, Sao Paulo, Mexico City, and Tel Aviv. For more info, visit http://www.moovitapp.com