Populus raises $3.1 million to help cities make sense of shared scooters and bikes
Summary
“They are fundamentally changing transportation choices and travel patterns in ways that are unpredictable and unmeasured, making it very difficult for cities to design and manage public infrastructure (a job that only they can do). With access to better data and more importantly, information, we are finding that our customers, such as Arlington County in the D.C. area, are able to design infrastructure that can help shared mobility services grow safely and sustainably – such as new bike lanes and scooter corrals.” To date, Populus works with Washington, D.C., and cities in the SF Bay Area and Los Angeles regions. “Over the past decade we have seen an explosion of shared mobility services,” Precursor Ventures Managing Partner Charles Hudson said in a press release. “In order to fulfill their promises of delivering safer, equitable, and efficient streets, shared mobility operators will require platform partners like Populus to facilitate their continued growth. They’ve dedicated their careers to solving the worlds biggest urban problems, and they are building a game-changing platform that will transform the future of cities.” Populus first launched its core product in September 2018.