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Multimodality & Micromobility

Captur and Veo to bring AI-parking assist to US micromobility markets

Helen NormanBy Helen NormanOctober 30, 20242 Mins Read
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AI startup Captur and micromobility firm Veo have announced a partnership to bring Captur’s AI-parking assist to Veo’s 50+ markets across the US, with the technology set to reduce mis-parked vehicle rates and ensure sidewalks remain accessible for all.

According to the two companies, the deal marks the first-ever US deployment of Captur’s in-app AI technology for shared mobility programs. Captur’s technology has proven to reduce mis-parked vehicles by more than 80% in major European cities, setting the stage for similar success in the US.

Since the widespread launch of shared bikes and scooters across the US in 2017, improper parking has remained a challenge. While designated corrals and rider education have helped, more is needed to ensure vehicles are parked responsibly and safely on sidewalks. Moreover, existing parking compliance tools require operators to manually review end-of-ride photos to confirm proper parking, adding time and effort to the process.

To improve parking management and compliance, Veo and Captur have integrated Captur’s AI technology into the end-of-ride process within the Veo app. Upon completing their trip, riders must take a photo showing that their vehicle is properly parked. The AI then verifies in real-time whether the vehicle meets local parking regulations, only allowing the rider to end their trip once the vehicle is parked correctly.

Veo will activate Captur’s innovative parking technology across North America from November.

Charlotte Bax, founder and CEO of Captur, said, “For shared mobility to truly thrive, the industry must ensure that sidewalks remain clear and accessible for everyone. On the operator side, that requires image-based compliance workflows. Previously, that was extremely complex and costly for operators to manage. With our partnership, Veo can now verify parking before ending the ride with no manual intervention.”

“Veo has always been committed to working with our city and university partners to ensure responsible and orderly parking, and through our work with the disability community, we’ve seen firsthand that it is critical to keep sidewalks clear and accessible,” said Veo co-founder and CEO Candice Xie. “Captur’s ability to harness AI to deliver on this commitment in a scalable manner is a game changer. We hope that the rest of the industry will follow suit and adopt this technology, ensuring that micromobility continues to grow in a way that benefits all members of our communities,” she added.

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Helen Norman

Helen is associate editor for TTi. She has been working in the world of B2B publishing since 2006 and has a wealth of experience in writing about a wide range of technological subjects from meteorology to electric vehicles and logistics.

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