Mobility-rewards platform Velocia welcomes Toyota Tsusho Canada Inc. (TTCI) as an investor in the development and expansion of Velocia’s mobility-as-a-service (MaaS) ecosystem and rewards programs. Velocia, a Techstars alumnus company, is a mobility app that rewards multimodal transit use in cities, incentivizing users to leave their cars at home and choose active and shared transportation options for their daily commutes.

This announcement comes on the heels of the Velocia mobility app’s recent global launch with Miami-Dade County in South Florida and marks Toyota Tsusho Canada’s first major MaaS investment in North America – the culmination of a 2-year collaborative effort that included TTCI supporting Velocia’s board of directors in an advisory capacity and resulted in TTCI’s investment in Velocia to help accelerate the expansion of their user base and municipal participants in other major urban areas in the US and Canada.