Veemo

Vancouver, Canada Founded: 2013 • Age: 13 yrs Acquired By ENVO
Electric tricycles with lithium-ion batteries are manufactured by Veemo.

About Veemo

Veemo is a company based in Vancouver (Canada) founded in 2013 by Jonathan Faille was acquired by ENVO in July 2023.. Veemo operates in a competitive market with competitors including Doohan, Lean Mobility, Moving Life, Carver and HCP SWISS, among others.

  • Headquarter Vancouver, Canada
  • Founders Jonathan Faille
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    ENVO

    (Jul 28, 2023)

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Funding Insights of Veemo

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Veemo

Veemo has secured backing from 1 investor. Prominent investors backing the company include ENVO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Manufactures high-quality electric bicycles and snow gliders.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Veemo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Veemo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Veemo Comparisons

Employees
+
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Competitors of Veemo

Veemo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Doohan, Lean Mobility, Moving Life, Carver and HCP SWISS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Electric trikes are manufactured by Doohan with replaceable lithium-ion batteries.
domain founded_year HQ Location
Personal trikes are manufactured with lithium batteries and rear-wheel drives.
domain founded_year HQ Location
Offers innovative foldable scooters for personal mobility and easy transportation.
domain founded_year HQ Location
Fully-enclosed electric trikes with tilt technology are developed.
domain founded_year HQ Location
Electric trikes are manufactured for mobility and transport applications.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Veemo

Frequently Asked Questions about Veemo

When was Veemo founded?

Veemo was founded in 2013.

Where is Veemo located?

Veemo is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

What does Veemo do?

Veemo was founded in 2013 in Vancouver, Canada, where electric tricycles are produced for urban mobility. Products are designed with a top assisted speed of 32 kph and a battery range of 70 km, utilizing lithium-ion batteries for efficiency. Operations focus on sustainable transportation solutions within the electric vehicle sector, serving markets in Canada and beyond. Co-founder Jonathan Faille leads the initiative.

Who are the top competitors of Veemo?

Veemo's top competitors include Lean Mobility, Doohan and Carver.

Who are Veemo's investors?

Veemo has 1 investor. Key investors include ENVO.

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