Veo

Founded in 2017 in Chicago, US, Veo specializes in developing micromobility solutions. Candice Xie and Yanke Tan are the founders, with Candice Xie also serving as the CEO.Partners.Veo focuses on advancing micromobility solutions with a diverse offering of electric vehicles, primarily aimed at urban commuters and individuals seeking alternatives to traditional transportation methods. Their flagship product, the Apollo Cargo, is the first dockless shared cargo e-bike in North America, designed to carry up to 100 pounds. This innovative vehicle features front and rear baskets, throttle-assist for ease of use, and compatibility with standard pannier bags., and Columbus, OH, during the summer of 2025.Veo generates revenue through a combination of direct-to-consumer sales and subscription models, with various pricing structures aligned with their product offerings. Customers can engage with Veo through the VeoPlus subscription service, which provides discounted rides for regular users. The Apollo Cargo and other vehicles in their fleet can be accessed on a pay-per-ride basis via the Veo app. The pricing strategy is designed to accommodate both occasional riders and regular commuters., and Columbus, OH, set for the summer of 2025. The company is also targeting expansion into new markets, further enhancing its presence in urban areas across the United States.

1. Series A

   Jul 13, 2021

   Amount

   $16M

   Investors

   Locked