True Velocity

Garland, United States Founded: 2010 • Age: 16 yrs
Ammunition products are manufactured and supplied by True Velocity.
Annual revenue - Latest available
Total funding $4.5M 3 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About True Velocity

True Velocity is a company based in Garland (United States) founded in 2010. True Velocity has raised $4.5 million across 3 funding rounds from investors including Auctus Capital Inc. True Velocity has completed 2 acquisitions, including Delta P Design and LoneStar Future Weapons. True Velocity operates in a competitive market with competitors including Nammo, FN Herstal, Sellier & Bellot, Solar Group and Sierra Bullets, among others.

  • Headquarter Garland, United States
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name True Velocity Ammunition Llc
Operational Areas
Aerospace, Defense & Maritime → Defense Systems & Security Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.5 M (USD)

    in 3 rounds

  • Latest Funding Round
    $30 M (USD), Debt – Conventional

    Oct 22, 2021

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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People of True Velocity

Headcount 50-200
Employee Profiles 16
Employee Profiles
People
Chase Akers
Program Manager
People
William Gerst
Executive Vice President Of Human Resources
People
Chris Tedford
President
People
Timothy McMillan
Chief Analytics Officer & EVP Of Operations

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Funding Insights of True Velocity

True Velocity has successfully raised a total of $4.5M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $30 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in True Velocity

True Velocity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Auctus Capital Inc.

All
Institutional
Investor Description Founded Year Domain Location
Corporate advisory services are provided to businesses and investors.
Locked Locked Locked
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Investor details for True Velocity

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by True Velocity

True Velocity has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Delta P Design and LoneStar Future Weapons.

Investments
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Investment portfolio details for True Velocity

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of aerospace maritime and defense composite services
Locked Locked 2021 Locked
Suppressors for guns are offered via an online platform.
Locked Locked 2010 Locked
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Complete acquisition details for True Velocity

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Financial Statements - True Velocity

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Detailed financials for True Velocity

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True Velocity Comparisons

True Velocity Primary company
Description
Ammunition products are manufactured and supplied by True Ve...
Location
Garland, United States
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for True Velocity

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Competitors of True Velocity

True Velocity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nammo, FN Herstal, Sellier & Bellot, Solar Group and Sierra Bullets, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Ammunition and rocket motors supplied to military and civilian sectors.
Locked Locked Locked
Collaboration among single-family offices is facilitated through a secure network.
Locked Locked Locked
Sellier & Bellot is engaged in ammunition manufacturing since 1825.
Locked Locked Locked
Defense and industrial explosives are manufactured for various sectors.
Locked Locked Locked
Precision bullets are manufactured by Sierra Bullets for reloading applications.
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Detailed competitors of True Velocity

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Latest news on True Velocity

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Complete news archive for True Velocity

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Frequently Asked Questions about True Velocity

True Velocity was founded in 2010 and raised its 1st funding round 6 years after it was founded.

True Velocity is headquartered in Garland, United States. It is registered at Garland, Texas, United States.

True Velocity is a funded company, having raised a total of $4.5M across 3 funding rounds to date.

True Velocity was established in 2010 in Garland, United States. Ammunition products are produced and distributed by the company within the defense and sporting sectors. Operations are centered on manufacturing processes and supply chain management for various calibers. Services include product sourcing and delivery to retailers and end-users across the region, with online presence maintained via tvammo.com.

True Velocity's top competitors include Solar Group, Nammo and Sierra Bullets.

True Velocity has made 2 acquisitions, including Delta P Design, and LoneStar Future Weapons.

True Velocity has 1 investor. Key investors include Auctus Capital Inc.

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