Saturday, December 14, 2024

Populus: Raises $11M in Series A Funding

Populus Raises $11M in Series A Funding

  • 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 the company’s 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
  • The company 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

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