About Vee
Vee is a company based in Ramat Gan (Israel) founded in 1980 by Gil Amsalem, May Piamenta, and Avi Amor was acquired by Blue Star Media in April 2015.. Vee has raised $19 million across 2 funding rounds from investors including Blue Star Media, TLV Partners and State of Mind Ventures. The company has 1 employees as of December 31, 2014. Vee operates in a competitive market with competitors including Purposely, purpozed and Online Volunteering Services, among others.
- Headquarter Ramat Gan, Israel
- Employees 1 as on 31 Dec, 2014
- Founders Gil Amsalem, May Piamenta, Avi Amor
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Sectors
Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Vee
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19 M (USD)
in 2 rounds
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Latest Funding Round
$7 M (USD), Unspecified
Jul 10, 2024
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Investors
Blue Star Media
& 12 more
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Employee Count
1
as on Dec 31, 2014
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Acquired by
Blue Star Media
(Apr 03, 2015)
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Funding Insights of Vee
Vee has successfully raised a total of $19M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $7 million completed in July 2024. 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 2
- Last Round Unspecified — $7.0M
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First Round
First Round
(15 Feb 2022)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Unspecified - Vee | Valuation | TLV Partners | |
| Feb, 2022 | Amount | Unspecified - Vee | Valuation | State of Mind Ventures |
| 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 Vee
Vee has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Blue Star Media, TLV Partners and State of Mind Ventures. 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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VC firm investing in early stage startups in Israel & the US
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Founded Year | Domain | Location | |
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State of Mind Ventures is focused on seed stage investments.
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Founded Year | Domain | Location | |
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Venture capital is provided to early-stage North American companies.
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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 Vee
| 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 |
Financial Statements - 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 |
Vee Comparisons
Competitors of Vee
Vee 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 Purposely, purpozed and Online Volunteering Services, 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 |
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| domain | founded_year | HQ Location |
Cloud-based CSR software for nonprofit organization
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| domain | founded_year | HQ Location |
A cloud-based platform is utilized for volunteer management in corporations.
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| domain | founded_year | HQ Location |
Provides tailored employee volunteering programs with technology for corporate engagement.
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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 Vee
Frequently Asked Questions about Vee
When was Vee founded?
Vee was founded in 1980 and raised its 1st funding round 42 years after it was founded.
Where is Vee located?
Vee is headquartered in Ramat Gan, Israel. It is registered at Ramat Gan, Tel Aviv District, Israel.
Who is the current CEO of Vee?
May Piamenta is the current CEO of Vee. They have also founded this company.
Is Vee a funded company?
Vee is a funded company, having raised a total of $19M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $12M, raised on Feb 15, 2022.
How many employees does Vee have?
As of Dec 31, 2014, the latest employee count at Vee is 1.
What does Vee do?
Vee was founded in 1980 and is headquartered in Ramat Gan, Israel. An online platform is maintained in the volunteer management sector, where volunteers are sourced and recruited for projects based on location, preferences, and availability. Tools are supplied for tracking volunteer activities, fostering engagement, and facilitating discovery. The service is distributed via the Google Play Store and Apple App Store.
Who are the top competitors of Vee?
Vee's top competitors include purpozed, Purposely and Online Volunteering Services.
Who are Vee's investors?
Vee has 13 investors. Key investors include Blue Star Media, TLV Partners, State of Mind Ventures, Disruption Ventures, and Meitav Dash.