VeoRide

West Lafayette, United States Founded: 2017 • Age: 9 yrs
Multi-category electric vehicles are rented via an app-based platform.

About VeoRide

VeoRide is a Transportation, Automotive & Logistics company based in West Lafayette (United States) founded in 2017 by Yanke Edwin Tan and Bowen Candice Xie. Multi-category electric vehicles are rented via an app-based platform. VeoRide has raised $16.03 million across 2 funding rounds from investors including FJ Labs, Autotech Ventures and UP Partners. Its website veoride.com draws about 41 thousand monthly visits. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Multi Vehicle. Its competitors include Helbiz, Gotcha and HOPR; 1 of its 3 listed competitors has raised funding.

Company details

VeoRide was founded in 2017 in West Lafayette, United States, and operates in the electric vehicle rental sector. An app-based platform is provided for users to locate, book, and unlock vehicles such as electric kick scooters and bicycles through QR code scans. IoT-enabled features support eco-friendly rides, with vehicles parked at user-chosen locations upon completion. The application is available on Android and iOS platforms.

  • Headquarters West Lafayette, United States
  • Founders Yanke Edwin Tan, Bowen Candice Xie
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website veoride.com
  • Social LinkedIn X Facebook Instagram
Key Metrics
  • Total Equity Funding
    $16.03M (USD)

    in 2 rounds

  • Latest Funding Round
    $16M (USD), Series A

    Jul 2021

  • Investors
    FJ Labs

    & 3 more

Apps and channels of VeoRide

VeoRide publishes 2 mobile apps with over 500K+ downloads.

Veo - Shared Electric Vehicles
Google Play Travel & Local Everyone Free
Developer: VeoRide
View on Google Play
Veo
App Store Travel 4+
Developer: VEORIDE INC
View on App Store

Funding Insights of VeoRide

VeoRide has successfully raised a total of $16.03M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in July 2021. 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 $16.03M
  • Total Rounds 2
  • Last Round Series A β€” $16M
  • First Round $30,000

    (Dec 2017)

  • Investors Count 4

All 2 funding rounds of VeoRide with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jul 2021$16MSeries A–Autotech Ventures
Dec 2017$30,000Seed––
–
Valuation history

4 investors in total: 4 institutional.

Investors in VeoRide

VeoRide has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include FJ Labs, Autotech Ventures and UP Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
VC firm investing globally
autotechvc.comMenlo Park, United States
Investments in mobility sectors are made by UP Partners.
up.partnersSanta Monica, United States
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
2007fjlabs.comNew York, United States
Tech startups in US sectors are funded by Interplay Ventures.
interplay.vcNew York, United States
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Investor details for VeoRide

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People of VeoRide

30 people are tracked at VeoRide (13 in leadership, 17 in team).

NameRoleGroup
Yanke Edwin Tan
Co-FounderLeadership
Bowen Candice Xie
Co-FounderLeadership
Candice Xie
CEOLeadership
Jeffrey Hoover
Director of Government PartnershipsLeadership
Marco Dilorenzo
Regional General ManagerLeadership
Alexander Keating
Head of Policy and PartnershipsLeadership
Li Zhou
Chief Technology OfficerLeadership
Alan Xu
Head Of Supply Chain & HardwareLeadership
Liao Bingchang
Director Of Hardware EngineeringLeadership
Teddy Lu
Head of DesignLeadership
Matt Akers
Head Of PeopleLeadership
Justin Tang
Regional General ManagerLeadership
Joe Brummer
Regional General ManagerLeadership
Marta Vitolins
Senior Business Operations ManagerTeam
Victor Ruiz
Human Resources Operations SpecialistTeam
Samuel Chisholm
Operations ManagerTeam
Shamara A. Smith
Operations ManagerTeam
Davis Tate
Graphic DesignerTeam
Salman Sadiq
Operations ManagerTeam
Christina Han
Sr Strategic Planning ManagerTeam

10 more people are available in the full profile.

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Complete people profiles for VeoRide

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  • Board tenure
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Timeline of VeoRide

3 dated milestones of VeoRide across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded VeoRide is founded.
  2. Funding First funding round of $30K.
  3. Funding Latest funding round, Series A, of $16.0M.

Competitors of VeoRide

VeoRide has 3 listed competitors in our database, 1 of them funded. They include Helbiz, Gotcha and HOPR.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
helbiz.com2016New York, United States$8M284
Multi-category two-wheeler sharing services are provided through a mobile app.
ridegotcha.com2009Charleston, United States
Provider of multi-modal electromobility services
gohopr.com2018Miami, United States26
App-based LEV rental platform
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Detailed competitors of VeoRide

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of VeoRide

The website of VeoRide (veoride.com) receives about 41.2K visits a month.

  • Monthly visits
    41.2K

    ▼ 25% vs previous month

Similar websites

Websites whose visitors overlap most with VeoRide. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
veo.co
100%
2.5M#17,818View details

Top companies in Electric & Green Mobility

3 companies that operate in the same segment as VeoRide (Electric & Green Mobility) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765 MUSD 244.66 M953
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.4 B2,813
Electric buses and charging systems are manufactured for fleets.
2004Burlingame, California, United StatesUSD 857.79 MUSD 309.36 M418
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Related news about Veoride

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Complete news archive for VeoRide

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Frequently Asked Questions about VeoRide

VeoRide was founded in 2017.

VeoRide is headquartered in West Lafayette, United States. It is registered at West Lafayette, Indiana, United States.

VeoRide is a funded company, having raised a total of $16.03M across 2 funding rounds to date. The company's 1st funding round was a Seed of $30K, raised on Dec 2017.

VeoRide was founded in 2017 in West Lafayette, United States, and operates in the electric vehicle rental sector. An app-based platform is provided for users to locate, book, and unlock vehicles such as electric kick scooters and bicycles through QR code scans. IoT-enabled features support eco-friendly rides, with vehicles parked at user-chosen locations upon completion. The application is available on Android and iOS platforms.

VeoRide's top competitors include Gotcha, Helbiz and HOPR.

VeoRide has 4 investors. Key investors include FJ Labs, Autotech Ventures, UP Partners, and Interplay.

Yes. VeoRide publishes Veo - Shared Electric Vehicles and 1 more app, with over 500,000 downloads.

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