Populus, a San Francisco, CA-based platform for cities to manage new mobility and fleet services, raised $11m in Series A funding.
The round was co-led by Zero Infinity Partners and Climactic with participation from Comcast Ventures and Robert Downey Jr.’s FootPrint Coalition Ventures. In conjunction with the funding, John Kwaak, Founder & Managing Partner of Zero Infinity Partners, and Raj Kapoor, Co-Founder and Managing Partner of Climactic, will join Populus’ Board of Directors.
The company intends to use the funds to make key strategic hires and scale its curb and mobility management platform to additional cities around the world.
Led by Regina Clewlow, Co-Founder and CEO, Populus has developed core technology that allows cities to securely access data from new mobility and fleet operators, providing cities with important information to shape transportation policies. With access to the platform, cities can create, communicate, and enforce dynamic curbside rules, such as pricing to incentivize transitions towards lower carbon delivery vehicles and reduce congestion.
The company has expanded to 100+ cities and agencies on four continents working with some of the largest metropolitan areas in the world to digitally manage their mobility programs and curbs, including the City of Chicago, City of San Diego, and City of Tel Aviv.
FinSMEs
31/08/2022