About Veezu
Veezu is a company based in United Kingdom founded in 2013.. Veezu has completed 7 acquisitions, including Amber Cars, CHAUFFEUR CARS and Call Cars. Veezu offers products and services including Veezu App, Driver Partnership Program, and Veezu for Business. Veezu operates in a competitive market with competitors including Uber, Gett, Wheely, OUNO App and Sheffield City Taxis, among others.
- Headquarter United Kingdom
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Veezu Limited
- Date of Incorporation 17 Feb, 2000
- Jurisdiction CARDIFF, CAERDYDD, WALES
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Santander
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Amber Cars
& 6 more
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Products & Services of Veezu
Veezu offers a comprehensive portfolio of products and services, including Veezu App, Driver Partnership Program, and Veezu for Business. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for booking local taxis and rides with cash or card payments.
Program for self-employed drivers to earn via low-commission fares.
Service for managing employee and customer transportation needs.
Funding Insights of Veezu
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Private Equity Round - Veezu | Valuation |
investors |
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| Jul, 2020 | Amount | Grant - Veezu | Valuation |
investors |
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| Feb, 2020 | Amount | Debt – Conventional - Veezu | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Veezu
Veezu has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Santander, Tresmares Capital and Welsh Government. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on multiple sector
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Founded Year | Domain | Location | |
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TDC LLP is engaged in private credit investment for private equity.
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Founded Year | Domain | Location | |
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Government services for Wales are delivered through public administration.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Veezu
Veezu has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Amber Cars, CHAUFFEUR CARS and Call Cars. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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App-based ride-hailing platform for individuals & corporates
|
2020 | ||||
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Car rental services are provided in Bristol, United Kingdom.
|
2013 | ||||
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Provider of car rental services
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Veezu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Veezu Comparisons
Competitors of Veezu
Veezu 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 Uber, Gett, Wheely, OUNO App and Sheffield City Taxis, 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 |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
Rides are hailed through an app-based platform.
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| domain | founded_year | HQ Location |
Rides are aggregated and booked via a mobile app platform.
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| domain | founded_year | HQ Location |
Rides are aggregated and booked via a mobile application.
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| domain | founded_year | HQ Location |
Ride-hailing services are aggregated via app for Sheffield users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Veezu
Frequently Asked Questions about Veezu
When was Veezu founded?
Veezu was founded in 2013 and raised its 1st funding round 7 years after it was founded.
Where is Veezu located?
Veezu is headquartered in United Kingdom.
What does Veezu do?
Veezu is a private hire taxi operator. It aggregates taxis from companies like A2B, Amber Cars, Dragon Taxis, and V Cars provides taxi solutions to the passengers. Whenever users book a ride it optimally dispatches the nearby available rides to passengers from the regional hub. Also, it offers solutions to corporates. Users can book their ride through the website, mobile app and via phone call.
What products or services does Veezu offer?
Veezu offers Veezu App, Driver Partnership Program, and Veezu for Business.
How many acquisitions has Veezu made?
Veezu has made 7 acquisitions, including Amber Cars, CHAUFFEUR CARS, and Call Cars.
Who are Veezu's investors?
Veezu has 4 investors. Key investors include Santander, Tresmares Capital, Welsh Government, and TDC LLP.
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