Populus Raises $11 Million in Series A  

by Kay Aloha Villamor in September 1st, 2022

Populus, a San Francisco, CA-based industry-leading platform for cities to manage new mobility and fleet services, announced an oversubscribed $11 million Series A funding round.

The round was co-led by Zero Infinity Partners and Climactic, with participation from Comcast Ventures and Robert Downey Jr.’s FootPrint Coalition Ventures.

Populus will use this new capital to make key strategic hires and scale its curb and mobility management platform to additional cities around the world.

As a result of this investment, John Kwaak, Founder and Managing Partner of Zero Infinity Partners, and Raj Kapoor, Co-Founder and Managing Partner of Climactic, will join Populus’ Board of Directors.

Populus’ core technology allows cities to securely access data from new mobility and fleet operators, providing cities with important information to shape transportation policies.

Company: Populus Technologies, Inc.

Raised: $11.0M

Round: Series A

Funding Month: Aug 2022

Lead Investors: Zero Infinity Partners and Climactic

Additional Investors: Comcast Ventures and FootPrint Coalition Ventures

Company Website: https://www.populus.ai/

Software Category: Mobility and Curb Management

About the Company: Founded in 2017 by transportation PhDs from MIT and UC Berkeley, Regina Clewlow and Dr. Fletcher Foti co-founded Populus to empower cities with access to new data to plan for the future of mobility. Populus is a platform that helps cities and private mobility providers deliver safe, equitable, and efficient streets through better data and analytics. The Populus platform is the only comprehensive digital solution that empowers cities to manage their streets and curbs—with access to mobility data from shared bike, scooter, moped, and carsharing operators, and delivery services. The Populus platform serves over 100 cities around the world, ingesting data from more than 40 operators and 150 million rides to date.

Source: https://www.populus.ai/latest-news/populus-secures-11-million-in-series-a-to-help-cities-manage-curbs





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