About Veo

The startup offers a bike-share application that utilizes a reservation platform to identify and reserve the nearest available bikes, facilitating seamless payment processing. This service provides an affordable and eco-friendly transportation option for students in densely populated university areas, helping to reduce their carbon footprint.

```xml <problem> Many urban areas and university campuses face challenges related to traffic congestion, parking limitations, and the need for affordable, eco-friendly transportation options. Existing transportation methods may not adequately address the needs of short-distance travel within these densely populated environments. </problem> <solution> Veo provides a shared micromobility service offering a range of electric bikes and scooters designed for short trips in urban environments and campus settings. Users can locate and unlock vehicles via a mobile app, providing a convenient and sustainable alternative to cars. The service aims to reduce car dependency, offering a flexible transportation solution for commuting, running errands, and exploring communities. Veo partners with cities, universities, and enterprises to deploy and manage its fleets, tailoring its services to meet the specific needs of each location. The company offers a variety of vehicle types, including standing scooters, seated scooters, and e-bikes, to accommodate a diverse range of riders and use cases. </solution> <features> - Mobile app for locating, reserving, and unlocking vehicles - Diverse fleet including standing scooters (Astro), seated scooters (Cosmo), pedal-assist e-bikes (Halo), and cargo e-bikes (Apollo Cargo) - Integrated turn signals and advanced suspension on select scooter models - Throttle-assist and optional pedals on e-bike models - Geofencing technology to enforce parking regulations and designated riding zones - VeoPlus subscription for discounted rides - Custom fleet options for corporate campuses and organizations - Real-time vehicle tracking and monitoring for fleet management </features> <target_audience> Veo serves city residents, university students, and employees seeking convenient, affordable, and eco-friendly transportation for short-distance travel. The company also targets cities, universities, and enterprises looking to implement sustainable transportation solutions. </target_audience> <revenue_model> Veo generates revenue through per-ride fees, VeoPlus monthly subscriptions offering discounted rates, and sales of Cosmo X seated electric scooters via its online shop. </revenue_model> ```

What does Veo do?

Where is Veo located?

Veo is based in Santa Monica, United States.

When was Veo founded?

Veo was founded in 2017.

Location

Santa Monica, United States

Founded

2017

Employees

214 employees

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Veo

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

veoride.com 20K+

Founded 2017 – Santa Monica, United States

Funding

No funding information available.

Team (100+)

No team information available.

Company Description

Problem

Many urban areas and university campuses face challenges related to traffic congestion, parking limitations, and the need for affordable, eco-friendly transportation options. Existing transportation methods may not adequately address the needs of short-distance travel within these densely populated environments.

Solution

Veo provides a shared micromobility service offering a range of electric bikes and scooters designed for short trips in urban environments and campus settings. Users can locate and unlock vehicles via a mobile app, providing a convenient and sustainable alternative to cars. The service aims to reduce car dependency, offering a flexible transportation solution for commuting, running errands, and exploring communities. Veo partners with cities, universities, and enterprises to deploy and manage its fleets, tailoring its services to meet the specific needs of each location. The company offers a variety of vehicle types, including standing scooters, seated scooters, and e-bikes, to accommodate a diverse range of riders and use cases.

Features

Mobile app for locating, reserving, and unlocking vehicles

Diverse fleet including standing scooters (Astro), seated scooters (Cosmo), pedal-assist e-bikes (Halo), and cargo e-bikes (Apollo Cargo)

Integrated turn signals and advanced suspension on select scooter models

Throttle-assist and optional pedals on e-bike models

Geofencing technology to enforce parking regulations and designated riding zones

VeoPlus subscription for discounted rides

Custom fleet options for corporate campuses and organizations

Real-time vehicle tracking and monitoring for fleet management

Target Audience

Veo serves city residents, university students, and employees seeking convenient, affordable, and eco-friendly transportation for short-distance travel. The company also targets cities, universities, and enterprises looking to implement sustainable transportation solutions.

Revenue Model

Veo generates revenue through per-ride fees, VeoPlus monthly subscriptions offering discounted rates, and sales of Cosmo X seated electric scooters via its online shop.