VERDO Officially Launches, Secures $200 Million Series A Financing to Usher in a New Era of Smart Mobility in North America

Helbiz Group (now micromobility.com Inc.), a global pioneer in micromobility solutions, today announced a comprehensive strategic restructuring of its shared e-scooter business in the United States, spinning off the division into an independent entity named VERDO. This move marks a pivotal shift in the company's growth strategy, designed to fully unlock the potential of the North American micromobility market through a professional asset-light operation model.

Rationale for the Strategic Restructuring
Founded in 2015, the company was among the first to introduce shared e-scooters to the global market, boasting a decade of extensive expertise in technological development, regulatory compliance and urban operations. It officially rebranded as micromobility.com Inc. in March 2023, reflecting its renewed focus on integrated mobility solutions.

The traditional asset-heavy model that has long dominated the industry is plagued by structural challenges, including substantial capital expenditure, rising maintenance costs and uneven profitability across different markets. Following an 18-month strategic review, Helbiz made the decision to spin off VERDO. During the assessment, the company identified tremendous untapped potential by separating its North American operations from its global business portfolio.

As a standalone platform, VERDO will operate as a focused and agile organization dedicated to addressing the unique demands of the U.S. market. Meanwhile, Helbiz can concentrate on its core international markets and emerging technology initiatives.

VERDO: A New-Generation Smart Mobility Platform

VERDO will take over all of Helbiz's existing operational infrastructure in the U.S. and retain full access to the company's proprietary technology stack, including the AI-powered digital twin dispatching system and the V-Link 2.0 IoT vehicle management protocol. These technologies have proven to boost fleet utilization by 35% and cut operational costs by 28%.

Building on these strengths, VERDO will adopt an innovative asset-light operation model to reshape the economics of shared mobility. Unlike conventional platforms that own and operate entire fleets, VERDO will partner with individual and institutional investors to finance vehicle procurement, while retaining full control over daily operations, maintenance and customer services. This model eliminates the capital burden that has hindered industry profitability, fostering a sustainable ecosystem where all stakeholders share the generated value.

VERDO has signed exclusive supply agreements with world-leading manufacturers to guarantee a steady supply of high-performance next-generation e-scooters. Additionally, the platform has obtained a Money Services Business (MSB) license issued by the U.S. Financial Crimes Enforcement Network (FinCEN) (Registration No.: 31000329787643), authorizing its business operations across the United States.

Ambitious Growth Roadmap
With the restructuring finalized, VERDO is poised to accelerate its expansion across North America. The company has rolled out a clear development roadmap for 2026-2027, which includes the following targets:

Expand services to 30 major cities across the U.S. by the end of 2026;

Launch operations in Canada and Mexico in Q3 2026, marking its first foray into international markets;

Scale the fleet to 500,000 vehicles by the end of 2026;

Deploy the first commercial e-scooter fleet in Austin, Texas, in Q2 2026;

Achieve an average monthly revenue of 55 million U.S. dollars by the end of 2026.

To fuel this growth, VERDO has completed a $200 million Series A financing round and established partnerships with multiple top-tier global institutions. While exploring emerging markets, VERDO is also pressing ahead with technological research and development as well as the deployment of autonomous mobility solutions.

Working closely with municipal governments, VERDO is developing dedicated micromobility infrastructure such as parking zones and bike lanes. Its services are designed to complement existing public transit systems and enhance urban livability.

Commitment to Sustainability and Urban Integration
VERDO remains steadfast in its commitment to environmental sustainability and responsible urban integration. All vehicles in its fleet are zero-emission models. The company has implemented a closed-loop recycling program, achieving a 92% recyclability rate for vehicle components.

This release was published on openPR.