About Twin Vee
Twin Vee is a company based in Fort Pierce (United States) founded in 1994.. The company has 65 employees as of December 31, 2024. Twin Vee has completed 3 acquisitions, including Aquasport Boats, Boatsforsale and Yachts for Sale.
- Headquarter Fort Pierce, United States
- Employees 65 as on 31 Dec, 2024
- Stage Public
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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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Annual Revenue
$14.39 M-56.95as on Dec 31, 2024
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Net Profit
$-11.05 M-53.58as on Dec 31, 2024
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EBITDA
$-11.01 M-3.54as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
65
as on Dec 31, 2024
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Investments & Acquisitions
Aquasport Boats
& 2 more
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IPO & Listings of Twin Vee
Twin Vee is a publicly listed company on the NASDAQ with ticker symbol VEEE in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Twin Vee
| 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 |
Investments & Acquisitions by Twin Vee
Twin Vee has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Aquasport Boats, Boatsforsale and Yachts for Sale. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of an online marketplace for boats and yachts
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1998 | ||||
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Aquasport boats are manufactured for marine recreational use.
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1960 | ||||
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Online marketplace connecting buyers and sellers of boats
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Twin Vee
| 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 |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Twin Vee Comparisons
Competitors of Twin Vee
| 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 Twin Vee
Frequently Asked Questions about Twin Vee
When was Twin Vee founded?
Twin Vee was founded in 1994.
Where is Twin Vee located?
Twin Vee is headquartered in Fort Pierce, United States. It is registered at Fort Pierce, Florida, United States.
How many employees does Twin Vee have?
As of Dec 31, 2024, the latest employee count at Twin Vee is 65.
What is the annual revenue of Twin Vee?
Annual revenue of Twin Vee is $14.39M as on Dec 31, 2024.
What does Twin Vee do?
Twin Vee was established in 1994 in Fort Pierce, United States, where operations in boat manufacturing have been conducted since then. The company is engaged in the marine sector, with production focused on catamaran-style vessels for recreational and commercial use. Assembly and design processes are handled at the primary facility in Florida, supporting distribution across domestic and international markets through established dealer networks.
Is Twin Vee publicly traded?
Yes, Twin Vee is publicly traded on NASDAQ under the ticker symbol VEEE.
How many acquisitions has Twin Vee made?
Twin Vee has made 3 acquisitions, including Aquasport Boats, Boatsforsale, and Yachts for Sale.
What is Twin Vee's ticker symbol?
The ticker symbol of Twin Vee is VEEE on NASDAQ.