Company Overview - VIA is a transportation software company that has transitioned from a ride-sharing model to providing software solutions for municipalities [2][3] - The company is making its public debut on the New York Stock Exchange after pricing above the expected range [1] Market Opportunity - The total addressable market for VIA is estimated to be over $500 billion globally, with approximately $80 billion in the United States, Canada, and Western Europe [3] - There is significant potential for growth in providing solutions to cities and transit agencies, as many have been operating under outdated systems for decades [3][4] Revenue Growth - VIA's revenues have increased from $100 million in 2021 to $337 million last year, with a run rate of about $400 million projected for this year [5][6] - The company believes that leveraging its unique technology and data collected over the years will help continue this growth trajectory [6][7] Customer Engagement - The sales conversations focus on improving operational efficiency for municipalities, such as replacing underutilized buses with dynamically routed shuttles [4] - VIA aims to demonstrate real value to customers by improving their services, which is crucial for maintaining and expanding partnerships [7][10] Industry Dynamics - Public transit budgets are generally not being cut, and even in cases of budget constraints, VIA offers solutions that allow cities to maintain or even enhance critical services [9][10] - The company has seen success in cities like Sioux Falls, South Dakota, where demographic shifts have created a demand for new transit solutions [8]