Veo reposted this
I’m grateful to have had the chance to sit down with Athena Browning and Ben Hubbard at Zag Daily to celebrate yet another outstanding year for Veo! Today, Veo stands as one of the largest micromobility providers in North America, now operating in over 50 U.S. cities with an impressive 95% of these markets profitable and cash-flow positive. With 8% year-over-year profit growth and consistently improving margins, we continue to raise the bar for what’s possible in our industry. 2024 was a milestone year! We scaled to exciting new cities with long-term contracts and partnerships, introduced innovative vehicle types to meet the needs of diverse user groups and elevate their experiences, and embraced cutting-edge technology transforming parking and accessibility. These advancements have propelled Veo forward, fostering impactful growth and meaningful connections in the communities we serve. None of this would have been possible without the unmatched talent and commitment of our team. 💡 To our operations teams, ensuring our fleets run safely and smoothly in the field. 💻 To our tech innovators, who turn ideas into game-changing solutions. 🤝 To our partnership builders, who foster invaluable relationships with cities across the nation. And to the countless others who contribute their energy, creativity, and expertise every single day—you are the heart and soul of Veo. Your passion and dedication are the reasons behind this year’s achievements. Thank you for making an impact, not just within Veo, but in every community we serve. Here’s to an even brighter, bolder, and more impactful 2025. The best is yet to come! 🚀 🛴 ⚡
It’s a Wrap: Veo CEO Candice Xie reflects on a game-changing 2024 that saw them achieve market profitability, launch innovative vehicles, and partner with new markets to drive sustainable urban mobility. Now a top micromobility provider in North America, the company operates in over 50 cities, proving that sustainable, two-wheel solutions are a critical part of the urban transport puzzle. “In 2024, we entered 10 new markets, including NASA’s Goddard Space Flight Center, Cleveland, Ohio, and Queens, NYC. Looking ahead, we’re set to launch in at least four more markets in spring 2025, including Columbus and Ohio State University, all under exclusive, long-term contracts.” Read more: https://lnkd.in/gzrGDc9M