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Tagged: veoride
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Founder · Executive · Operator
Candice Xie
Candice Xie is the co-founder and CEO of Veo, the micromobility company she started in 2017 from West Lafayette, Indiana, while still in her twenties. A finance analyst by training rather than a Silicon Valley engineer, she built Veo into the first North American shared-micromobility operator to reach unadjusted EBIT profitability - reaching roughly $52 million in revenue on about $16 million of total funding, while competitors raised billions and flamed out. Calling herself an 'anti-tech bro' CEO and the 'tortoise' of the scooter race, she designs vehicles in-house, expands one city at a time, and won the largest exclusive micromobility contract in the United States with Denver.
candice xie · veoRead →
Climate · Hardware · Consumer
Veo
Veo is a Santa Monica-based shared micromobility company that designs, manufactures and operates electric scooters, e-bikes and cargo bikes for cities and university campuses across North America. Founded in 2017 by Purdue graduates Candice Xie and Edwin Tan, Veo built the industry's most diverse vehicle fleet through an in-house design team and became the first profitable shared micromobility operator in the U.S. Rather than chasing growth at any cost, Veo bet on deliberate expansion, exclusive city and campus contracts, and durable, purpose-built vehicles - a strategy that delivered unadjusted EBIT profitability in 2024 while many better-funded rivals retreated.
micromobility · shared mobilityRead →