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.
Funding
Funding not disclosed
Founders
Product
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.
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.
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