Verra Mobility Corp (Verra Mobility), a subsidiary of Gores Holdings II Inc, is a smart mobility company that developed software. The company integrates hardware, software and data to inform and enforce moving violations. The company offers smart and safety solutions, commercial and fleet solutions and embedded solutions. Verra Mobility provides commercial and fleet solutions including toll management, violation processing, foreign collection and payments services. The company’s embedded solutions offerings include a mobility platform and shared mobility services. It services school districts, commercial fleets, rental car companies, OEMs, healthcare and financial institutions. Verra Mobility is headquartered in Mesa, Arizona, the US.
Headquarters
United States of America
Address
1150 N Alma School Rd, Mesa, Arizona, 85201-3000
Website
www.verramobility.com
Telephone
1 480 4437000
No of Employees
1,788
Industry
Technology and Communications
Ticker Symbol & Exchange
VRRM (NASD)
Revenue (2022)
$817.3M
10.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-38.3%
(2022 vs 2021)
Market Cap*
$3.9B
Net Profit Margin (2022)
XYZ
-44.0%
(2022 vs 2021)
* As of and is in US$
Verra Mobility Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Softwares | Mobility Platforms |
| Traffic Management Solutions | |
| Video and Analytics Solutions | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In February, the company entered into a partnership with the Town of Davie, Florida to deploy advanced safety solutions designed to ensure the protection of schoolchildren on their way to and from school. |
| 2023 | Contracts/Agreements | In September, the company in collaboration with DXC Technology supported the Centrale Verwerking Openbaar Ministerie to enhance road safety in the Netherlands. |
| 2023 | Others | In July, the company joined the Associacao Nacional dos Locadores de Veiculos in Portugal. |
Competitor Comparison
| Key Parameters | Verra Mobility Corp | Verisk Analytics Inc | Clarivate Plc | Calix Inc | Geotab Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United Kingdom | United States of America | Canada |
| City | Mesa | Jersey City | London | San Jose | Oakville |
| State/Province | Arizona | New Jersey | England | California | Ontario |
| No. of Employees | 1,788 | 7,500 | 12,000 | 1,760 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Patrick J. Byrne | Chairman | Executive Board | 2021 | 62 |
| David Roberts | Chief Executive Officer; President; Director | Executive Board | 2018 | 52 |
| Craig Conti | Chief Financial Officer | Senior Management | 2022 | 45 |
| Jason Rivera | Chief Technology Officer | Senior Management | 2018 | - |
| Jon Keyser | Chief Legal Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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