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Verra Mobility

company

About

The leading provider of tech-enabled smart transportation solutions.

Highlights

Stock Symbol
nasdaq:VRRM
Total Funding Amount
$350M
Funding Rounds
2
Acquisition
2
Employee Profiles
7

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$350M
Industries
Automotive,Government,GovTech,Transportation
Founded date
Jan 1, 2016
Number Of Employee
251 - 500
Operating Status
Active
Stock Symbol
nasdaq:VRRM

Verra Mobility is a global leader in smart mobility, serving the world's largest commercial fleets and rental car companies in managing tolling transactions and violations for more than 8.5 million vehicles and operating more than 4,000 red-light, speed, and school bus stop arm safety cameras. Verra Mobility maintains its leadership position in the marketplace through meaningful scale and has demonstrated consistent revenue growth underscored by its differentiated transaction processing model.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$350M
Verra Mobility has raised a total of $350M in funding over 2 rounds. Their latest funding was raised on Mar 26, 2021 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 26, 2021 Post-IPO Debt $350M — — — Detail
Jan 19, 2017 IPO — — — — Detail

Employee Profiles

Number of Employee Profiles
7
Verra Mobility has 7 current employee profiles, including Board member Patrick Byrne
Patrick Byrne
Board member
Rebecca Collins
Employee
Craig Conti
Executive
Pankaj Sharma
Executive
Doug Davis
Board member
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Acquisition

Verra Mobility has acquired 2 organizations. Their most recent acquisition was Redflex on Jan 21, 2021. They acquired Redflex for $146.10M.

Date Company Name
Industry Acquisition Type Price
Jan 21, 2021 Redflex
Information Services acquisition $ 146.10M Detail
Nov 2, 2021 T2 Systems
Events acquisition $ 347M Detail
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