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
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Sectors
Aerospace, Defense & Maritime
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name True Velocity Ammunition Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.5 M (USD)
in 3 rounds
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Latest Funding Round
$30 M (USD), Debt – Conventional
Oct 22, 2021
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Delta P Design
& 1 more
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $30.0M
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First Round
First Round
(01 Apr 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Debt – Conventional - True Velocity | Valuation |
investors |
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| Apr, 2016 | Amount | Series A - True Velocity | Valuation |
investors |
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| Apr, 2016 | Amount | Series A - True Velocity | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in True Velocity
True Velocity has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Auctus Capital Inc. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate advisory services are provided to businesses and investors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of aerospace maritime and defense composite services
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2021 | ||||
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Suppressors for guns are offered via an online platform.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - True Velocity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
True Velocity Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Ammunition and rocket motors supplied to military and civilian sectors.
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| domain | founded_year | HQ Location |
Collaboration among single-family offices is facilitated through a secure network.
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| domain | founded_year | HQ Location |
Sellier & Bellot is engaged in ammunition manufacturing since 1825.
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| domain | founded_year | HQ Location |
Defense and industrial explosives are manufactured for various sectors.
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| domain | founded_year | HQ Location |
Precision bullets are manufactured by Sierra Bullets for reloading applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on True Velocity
Frequently Asked Questions about True Velocity
When was True Velocity founded?
True Velocity was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is True Velocity located?
True Velocity is headquartered in Garland, United States. It is registered at Garland, Texas, United States.
Is True Velocity a funded company?
True Velocity is a funded company, having raised a total of $4.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.2M, raised on Apr 01, 2016.
What does True Velocity do?
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.
Who are the top competitors of True Velocity?
True Velocity's top competitors include Solar Group, Nammo and Sierra Bullets.
How many acquisitions has True Velocity made?
True Velocity has made 2 acquisitions, including Delta P Design, and LoneStar Future Weapons.
Who are True Velocity's investors?
True Velocity has 1 investor. Key investors include Auctus Capital Inc.
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