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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.
Social
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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
Ranked
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
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VeoRide's founders and board of directors

Founder? Claim Profile
The founders of VeoRide is Bowen Candice Xie.
Here are the details of VeoRide's key team members:

VeoRide's employee count trend

VeoRide has 276 employees as of Aug 26. Here is VeoRide's employee count trend over the years:
Employee count trend for VeoRide
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lime
Lime
2017, San Francisco (United States), Public
App-based rental platform providing self-drive electric kick-scooter
$1.71B
84/100
2nd
Logo for Revel
Revel
2018, Brooklyn (United States), Series B
App-based rental platform for electric scooters
$159M
72/100
3rd
Logo for TIER
TIER
2018, Berlin (Germany), Series D
Operator of shared electric scooters and bicycles for urban transit
$660M
67/100
4th
Logo for VeoRide
VeoRide
2017, West Lafayette (United States), Series A
App-based platform offering multi-category electric vehicle rental services
$16M
66/100
5th
Logo for Helbiz
Helbiz
2016, New York City (United States), Public
App-based platform offering multi-category two-wheeler sharing services
$8M
55/100
6th
Logo for Gotcha
Gotcha
2009, Charleston (United States), Acquired
Compassionate funeral services and pre-planning in the Tri-County area
-
43/100
7th
Logo for BLOOM
BLOOM
2018, Dania Beach (United States), Unfunded
Smart mobility sharing platform for bikes, scooters, and electric vehicles
-
-
39/100
8th
Logo for Carshare Modify
Carshare Modify
1998, Denver (United States), Unfunded
Operator of a network providing shared vehicle access to members
-
-
32/100
9th
Logo for HOPR
HOPR
2018, Miami (United States), Funding Raised
App-based LEV rental platform
-
31/100
10th
Logo for Joulez
Joulez
2021, New York City (United States), Unfunded
Provider of electric vehicle rental services
-
-
29/100
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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

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Media has covered VeoRide for 1 event in last 1 year, It was about company updates.
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