Verra Mobility (NASDAQ:VRRM), traded on the Nasdaq under the ticker VRRM, is a leading provider of smart mobility solutions designed to improve safety, efficiency and compliance for transportation authorities and commercial fleets. The company develops and operates automated traffic enforcement systems, toll and violation management platforms, and connected-vehicle services. Through its technology offerings, Verra Mobility helps public agencies enhance road safety, reduce congestion and streamline revenue collection for tolling and parking.
Verra Mobility’s core products include red-light and speed-camera enforcement programs, license plate recognition systems, and cloud-based violation processing software. For toll operators, the company supplies back-office transaction processing, customer service and payment solutions that support both open-road and barrier tolling models. Verra Mobility also offers fleet management tools that allow private and government fleets to monitor driver behavior, manage citations and optimize route efficiency.
Founded in 2001 as American Traffic Solutions, the business expanded through strategic acquisitions and a merger with T2 Systems in 2018, at which point it rebranded as Verra Mobility. Over the years, the company has broadened its portfolio to serve an increasingly global customer base, integrating new technologies such as mobile plate-reading cameras and advanced data analytics. This growth strategy has allowed Verra Mobility to position itself at the intersection of transportation, safety and smart infrastructure.
Headquartered in Scottsdale, Arizona, Verra Mobility maintains operations and support centers across North America, Europe, Australia and select international markets. Under the leadership of President and Chief Executive Officer Scott S. Peccia, the company continues to pursue innovation in automated enforcement and connected-vehicle ecosystems, collaborating with municipal, state and federal agencies to address evolving mobility challenges.
