About VEMO
VEMO is a company based in Miguel Hidalgo (Mexico) founded in 2021 by Roberto Rocha and German Losada.. VEMO has raised $314 million across 3 funding rounds from investors including Covalto, Kapital and PROMECAP. VEMO offers products and services including VEMO Impulso, VEMO Charging Network, and VEMO EV Fleets. VEMO operates in a competitive market with competitors including FreeWire, ChargeNet Holdings, AddEnergie Technologies, Solar Beat and Spiders Charge, among others.
- Headquarter Miguel Hidalgo, Mexico
- Founders Roberto Rocha, German Losada
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$314 M (USD)
in 3 rounds
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Latest Funding Round
$250 M (USD), Series D
Sep 03, 2025
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Investors
Covalto
& 6 more
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Employee Count
Employee Count
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Products & Services of VEMO
VEMO offers a comprehensive portfolio of products and services, including VEMO Impulso, VEMO Charging Network, and VEMO EV Fleets. 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.
Offers financing for electric vehicles without down payment
Provides public charging stations for electric vehicles
Manages and optimizes electric vehicle fleets for businesses
Funding Insights of VEMO
VEMO has successfully raised a total of $314M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $250 million completed in September 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series D — $250.0M
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First Round
First Round
(08 Feb 2024)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series D - VEMO | Valuation | Vision Ridge Partners |
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| Feb, 2025 | Amount | Series C - VEMO | Valuation |
investors |
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| Feb, 2024 | Amount | Debt – Conventional - VEMO | 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 VEMO
VEMO has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Covalto, Kapital and PROMECAP. 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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Financial ambitions are turned into reality by PROMECAP's expertise.
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Founded Year | Domain | Location | |
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Sector-agnostic venture capital firm funding companies in the US
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Founded Year | Domain | Location | |
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BeelInfra is recognized as a leading platform for infrastructure and energy project financing in Mexico.
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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 VEMO
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - VEMO
| 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 |
Vemo Comparisons
Competitors of VEMO
VEMO 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 FreeWire, ChargeNet Holdings, AddEnergie Technologies, Solar Beat and Spiders Charge, 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-vehicle charging solutions are developed and provided by FreeWire.
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| domain | founded_year | HQ Location |
SaaS and AI-enabled platform offering electric vehicle charging and management solutions
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| domain | founded_year | HQ Location |
Electric-vehicle charging equipment and networking solutions are developed and supplied.
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| domain | founded_year | HQ Location |
Provides EV charging infrastructure, app, and installation services across Mexico.
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| domain | founded_year | HQ Location |
Provides a mobile power bank sharing platform for convenient on-the-go charging solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Vemo
Frequently Asked Questions about VEMO
When was VEMO founded?
VEMO was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is VEMO located?
VEMO is headquartered in Miguel Hidalgo, Mexico. It is registered at Miguel Hidalgo, Ciudad De Mexico, Mexico.
Who is the current CEO of VEMO?
Roberto Rocha is the current CEO of VEMO. They have also founded this company.
Is VEMO a funded company?
VEMO is a funded company, having raised a total of $314M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $60M, raised on Feb 08, 2024.
What does VEMO do?
VEMO was founded in 2021 and is headquartered in Miguel Hidalgo, Mexico. Operations focus on the electric vehicle sector, where charging network infrastructure is developed and maintained. Solutions for electric vehicle fleets are offered, alongside financial leasing options for vehicles used by mobility app drivers. The companys services support urban mobility through accessible charging points across relevant geographies.
Who are the top competitors of VEMO?
VEMO's top competitors include ChargeNet Holdings, FreeWire and AddEnergie Technologies.
What products or services does VEMO offer?
VEMO offers VEMO Impulso, VEMO Charging Network, and VEMO EV Fleets.
Who are VEMO's investors?
VEMO has 7 investors. Key investors include Covalto, Kapital, PROMECAP, BeelInfra, and Beel Infrastructure Partners.