Full-Time

Chief Financial Officer

Posted on 10/31/2024

Veo

Veo

201-500 employees

Offers shared electric scooters and bikes

Compensation Overview

$250k - $320kAnnually

+ Annual Profit Share Bonus + Equity (Stock Options)

Expert

Los Angeles, CA, USA

Category
Corporate Finance
Venture Capital
Finance & Banking
Required Skills
Financial analysis
Financial Modeling
Requirements
  • Bachelor’s degree in Finance, Accounting, Economics, or related field; MBA or CPA preferred.
  • Minimum of 10 years of progressive financial leadership experience, with at least 5 years as a CFO or in a senior financial role within a high-growth startup environment.
  • Proven success in raising significant capital from late-stage private equity, family offices, institutional investors, and international funds.
  • Strong expertise in financial planning, modeling, budgeting, forecasting, and financial analysis.
  • In-depth knowledge of financial regulations, accounting standards, and reporting requirements.
  • Exceptional strategic thinking, analytical skills, and business acumen.
  • Excellent communication, negotiation, and presentation skills.
  • Demonstrated ability to build, lead and inspire a high-performing finance team.
Responsibilities
  • Lead and manage capital raising efforts to secure funding from venture capital, private equity, family offices, and international funds.
  • Develop and present the company’s strategic narrative, detailed financial models, business plans, and pitch decks to investors.
  • Cultivate and maintain strong relationships with investors, key stakeholders, and broader investment community, providing regular updates on financial performance and company progress.
  • Negotiate terms and structure deals to align with the company's strategic goals.
  • Ensure compliance with all financial reporting requirements and regulations related to fundraising and investor communications.
  • Develop and execute a comprehensive financial strategy aligned with Veo’s short-term and long-term goals, with a focus on sustainable growth and value creation.
  • Lead the company-wide budgeting and forecasting process to ensure alignment with strategic objectives and the company’s board of directors.
  • Develop comprehensive financial models to support business decisions and evaluate financial performance.
  • Monitor financial performance against budgets and forecasts, identifying variances and implementing corrective actions.
  • Prepare and present clear and concise financial reports to the leadership team, board of directors, and investors.
  • Collaborate with the leadership team to develop and track key performance indicators (KPIs) and financial metrics that align with our mission and values.
  • Lead, develop and mentor the finance and accounting team, fostering a culture of high performance and continuous improvement.
  • Drive financial strategy, including pricing, cost management, and capital allocation.
  • Evaluate and execute mergers, acquisitions, and other strategic initiatives in close collaboration with the Executive Leadership Team. Manage financial due diligence and integration planning.
  • Foster a culture of financial responsibility, transparency, and accountability throughout the organization.

VeoRide offers shared electric scooters and bikes as an alternative to traditional urban transportation, aiming to reduce reliance on cars. Users can rent these vehicles through a mobile app, which allows them to locate, unlock, and pay for rides conveniently. The pricing model includes a base fee and a per-minute charge, making it flexible and affordable for urban residents, students, and commuters. VeoRide differentiates itself with a focus on safety and user experience, featuring in-house designed vehicles with advanced safety measures. The company's goal is to provide accessible and sustainable transportation options while engaging with the community and continuously improving its services.

Company Size

201-500

Company Stage

Series A

Total Funding

$15.6M

Headquarters

Chicago, Illinois

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Veo's partnerships with universities increase brand visibility among students.
  • The launch of retail seated scooters opens a new revenue stream for Veo.
  • Competitors' financial struggles may allow Veo to capture additional market share.

What critics are saying

  • Increased competition from Lime's LimeGlider could attract more riders in key markets.
  • Slow bike infrastructure development may hinder Veo's expansion in some cities.
  • AI tools for parking compliance could increase operational costs if not managed well.

What makes Veo unique

  • Veo designs its fleet in-house, focusing on safety and user experience.
  • The company integrates AI for parking compliance, enhancing operational efficiency.
  • Veo's #StayInYourLane campaign promotes bike lane riding, improving user safety.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

401(k) Company Match

401(k) Retirement Plan

Stock Options

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

2%

2 year growth

3%
The Shorthorn
Jan 14th, 2025
UTA transportation services get Mavericks moving throughout campus and Arlington

UTA partnered with Veo to bring electric bikes and scooters to campus for students' convenience.

Central Current
Nov 27th, 2024
City auditor: Syracuse's work on bike infrastructure behind; just 11% of work promised 12 years ago done

"Central Current, Inc has seen the growth of bike-sharing, with the City partnering with VeoRide to provide

Government Technology
Nov 8th, 2024
E-Scooter Operator Turns to AI to Ensure Parking Compliance

Veo has partnered with Captur, an artificial intelligence (AI) parking compliance tool, it announced recently.

The Shorthorn
Oct 17th, 2024
UTA introduces Veo scooters, bikes to enhance transportation options throughout campus

UTA introduces Veo scooters, bikes to enhance transportation options throughout campus.

GeekWire
Aug 7th, 2024
Geekwire Test Ride: Why Lime’S New ‘Limeglider’ May Attract Even More Riders In Seattle

Lime’s new LimeGlider will hit Seattle streets starting Oct. 12. (GeekWire Photo / Kurt Schlosser)I’ve had some scary wobbles riding scooters on some of Seattle’s less-than-smooth roadways. Thankfully I’ve never hit the pavement. But during a test ride Wednesday, I may have fallen for Lime’s latest electric micromobility device.The new “LimeGlider” is coming to Seattle on Monday in the first pilot anywhere on the planet for the half e-scooter, half e-bike. Lime will roll out 280 of the green and black sit-down devices in the University District to test how well they are received in a city where the company has been operating since 2017.With 10,000 bikes and scooters already on Seattle streets as part of the Scooter and Bike Share program run by the Seattle Department of Transportation, Lime calls Seattle a global leader in this form of transportation

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