VeoRide - About the company
VeoRide is a series A company based in West Lafayette (United States), founded in 2017 by Bowen Candice Xie. It operates as an App-based platform offering multi-category electric vehicle rental services. VeoRide has raised $16M in funding from Autotech Ventures. The company has 20 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like Lime, Revel and TIER.
Company Details
VeoRide offers an app-based platform offering multi-category electric vehicle rental services. The platform enables users to find, book and unlock vehicles through mobile applications. Users can scan the QR code on the vehicle to access it. It offers electric kick scooter sharing, electric bicycle sharing, etc. It offers features like eco-friendly rides, IoT-enabled vehicles, etc. At the end of the ride, users have to leave the vehicle at any parking space of their preference. The mobile application is available for Android and iOS platforms.
- Website
- www.veoride.com/
- Email ID
- *****@veoride.com
Key Metrics
Founded Year
2017
Location
West Lafayette, United States
Stage
Series A
Total Funding
$16M in 2 rounds
Latest Funding Round
Investors
Ranked
4th among 20 active competitors
Employee Count
276 as on Aug 31, 2026
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VeoRide's funding and investors
VeoRide has raised a total funding of $16M over 2 rounds. Its first funding round was on Dec 13, 2017. Its latest funding round was a Series A round on Jul 13, 2021 for $*****. 4 investors participated in its latest round. VeoRide has 4 institutional investors.
Here is the list of recent funding rounds of VeoRide:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 13, 2021 | 5333626 | Series A | 3741000 | 3736731 | 1787064 | 5471720 |
Dec 13, 2017 | 6144352 | Seed | 7980156 | 2713332 | 6834549 | 8839403 |
View details of VeoRide's funding rounds and investors
VeoRide's founders and board of directors
Founder? Claim ProfileThe founders of VeoRide is Bowen Candice Xie.
Here are the details of VeoRide's key team members:
- Bowen Candice Xie: Co-Founder of VeoRide. Contact Info: 1 email address
View details of VeoRide's Founder profiles and Board Members
VeoRide's employee count trend
VeoRide has 276 employees as of Aug 26. Here is VeoRide's employee count trend over the years:
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VeoRide's Competitors and alternates
Top competitors of VeoRide include Lime, Revel and TIER. Here is the list of Top 10 competitors of VeoRide, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Lime 2017, San Francisco (United States), Public | App-based rental platform providing self-drive electric kick-scooter | $1.71B | 84/100 | |
2nd | Revel 2018, Brooklyn (United States), Series B | App-based rental platform for electric scooters | $159M | 72/100 | |
3rd | Operator of shared electric scooters and bicycles for urban transit | $660M | 67/100 | ||
4th | VeoRide 2017, West Lafayette (United States), Series A | App-based platform offering multi-category electric vehicle rental services | $16M | 66/100 | |
5th | Helbiz 2016, New York City (United States), Public | App-based platform offering multi-category two-wheeler sharing services | $8M | 55/100 | |
6th | Gotcha 2009, Charleston (United States), Acquired | Compassionate funeral services and pre-planning in the Tri-County area | - | 43/100 | |
7th | BLOOM 2018, Dania Beach (United States), Unfunded | Smart mobility sharing platform for bikes, scooters, and electric vehicles | - | - | 39/100 |
8th | Carshare Modify 1998, Denver (United States), Unfunded | Operator of a network providing shared vehicle access to members | - | - | 32/100 |
9th | HOPR 2018, Miami (United States), Funding Raised | App-based LEV rental platform | - | 31/100 | |
10th | Joulez 2021, New York City (United States), Unfunded | Provider of electric vehicle rental services | - | - | 29/100 |
Looking for more details on VeoRide's competitors? Click here to see the top ones
VeoRide's Investments and acquisitions
VeoRide has made no investments or acquisitions yet.
Reports related to VeoRide
Here is the latest report on VeoRide's sector:
News related to VeoRide
Media has covered VeoRide for 1 event in last 1 year, It was about company updates.
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Veo Launches Shared Electric Trike "Rover" in Denver to Enhance Micromobility AccessibilityGlobeNewswire•Jul 28, 2026•VeoRide
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Veo Achieves EBIT Profitability in 2024, Setting a Financial Benchmark for the IndustryGlobeNewswire•Mar 25, 2025•VeoRide
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Captur and Veo Partner to Bring AI-Parking Assist to U.S. Micromobility MarketsGlobeNewswire•Oct 30, 2024•Captur, VeoRide, Veo
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Veo Launches Seated and Standing Scooters in San Antonio, TXGlobeNewswire•Oct 02, 2023•VeoRide, City of San Antonio
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Veo Raises $16 Million In Funding To Scale Across The US Paving The Way To Profitable, Sustainable MicromobilityAiThority•Jul 15, 2021•VeoRide, Autotech Ventures, UP.Partners, FJ Labs and 1 other
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