About Verra Mobility
Verra Mobility is a company based in Mesa (United States) founded in 1987 was acquired by The Gores Group in June 2018.. The company has 1,880 employees as of December 31, 2024. Verra Mobility has completed 4 acquisitions, including Euro Parking Collection, Pagatelia and T2 Systems. Verra Mobility offers products and services including Toll Management and Safety Enforcement.
- Headquarter Mesa, United States
- Employees 1880 as on 31 Dec, 2024
- Stage Public
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Verra Mobility Corporation
-
Annual Revenue
$879.21 M7.57as on Dec 31, 2024
-
Net Profit
$31.45 M-44.84as on Dec 31, 2024
-
EBITDA
$348.22 M14.77as on Dec 31, 2024
-
Latest Funding Round
- Investors
-
Employee Count
1880
as on Dec 31, 2024
-
Investments & Acquisitions
Euro Parking Collection
& 3 more
-
Acquired by
The Gores Group
(Jun 21, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
IPO & Listings of Verra Mobility
Verra Mobility is a publicly listed company on the NASDAQ with ticker symbol VRRM in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Verra Mobility
Verra Mobility offers a comprehensive portfolio of products and services, including Toll Management and Safety Enforcement. 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.
Toll management is provided to assist with toll payments and vehicle registrations for commercial fleets.
Safety enforcement is delivered through technologies like red-light and speed cameras to enhance road safety.
Unlock access to complete
Software Development Team
62 people
Product Management Team
25 people
Leadership Team
24 people
Operations Team
21 people
Senior Team
13 people
Human Resources and Administration
11 people
Sales and Marketing
11 people
Legal and Compliance
9 people
Unlock access to complete
Funding Insights of Verra Mobility
| 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 Verra Mobility
Verra Mobility has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Gores Group. 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 |
|---|---|---|---|---|
|
Private investments are made in mature businesses across multiple sectors.
|
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 Verra Mobility
Verra Mobility has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Euro Parking Collection, Pagatelia and T2 Systems. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Electronic toll collection is enabled via VIA-T devices for vehicles.
|
2010 | ||||
|
Services for parking and road toll collection are provided.
|
1998 | ||||
|
Traffic monitoring and enforcement services are delivered via advanced technologies.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Verra Mobility
| 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 |
Verra Mobility Comparisons
Competitors of Verra Mobility
| 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 Verra Mobility
Frequently Asked Questions about Verra Mobility
When was Verra Mobility founded?
Verra Mobility was founded in 1987.
Where is Verra Mobility located?
Verra Mobility is headquartered in Mesa, United States. It is registered at Mesa, Arizona, United States.
Who is the current CEO of Verra Mobility?
David Roberts is the current CEO of Verra Mobility.
How many employees does Verra Mobility have?
As of Dec 31, 2024, the latest employee count at Verra Mobility is 1,880.
What is the annual revenue of Verra Mobility?
Annual revenue of Verra Mobility is $879.21M as on Dec 31, 2024.
What does Verra Mobility do?
Verra Mobility was founded in 1987 and is headquartered in Mesa, United States. Operations focus on the transportation sector, where toll collection, enforcement, and related services are provided. These activities support highway and urban mobility systems across various U.S. regions. Leadership is provided by CEO David Roberts, with services extending to technology-driven solutions for traffic management.
What products or services does Verra Mobility offer?
Verra Mobility offers Toll Management and Safety Enforcement.
Is Verra Mobility publicly traded?
Yes, Verra Mobility is publicly traded on NASDAQ under the ticker symbol VRRM.
How many acquisitions has Verra Mobility made?
Verra Mobility has made 4 acquisitions, including Euro Parking Collection, Pagatelia, and T2 Systems.
Who are Verra Mobility's investors?
Verra Mobility has 1 investor. Key investors include The Gores Group.
What is Verra Mobility's ticker symbol?
The ticker symbol of Verra Mobility is VRRM on NASDAQ.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.