About Veeqo
Veeqo is a company based in Swansea (United Kingdom) founded in 2012 by Matthew Warren was acquired by Amazon in March 2022.. Veeqo has raised $11.46 million across 10 funding rounds from investors including Amazon, Welsh Government and Octopus Investments. Veeqo has completed 1 acquisition, including Parcel Bright. Veeqo offers products and services including Shipping Software and Inventory Management. Veeqo operates in a competitive market with competitors including Delhivery, Shadowfax, Coupang, Shiprocket and ShipMonk, among others.
- Headquarter Swansea, United Kingdom
- Founders Matthew Warren
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
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Website
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Social
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- Legal Name Veeqo Limited
- Date of Incorporation 06 Feb, 2013
- Jurisdiction SWANSEA, WALES
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Products & Services of Veeqo
Veeqo offers a comprehensive portfolio of products and services, including Shipping Software and Inventory Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for accessing low shipping rates and labels.
Tools for automatic inventory updates and tracking.
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Funding Insights of Veeqo
Veeqo has successfully raised a total of $11.46M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $160.61 thousand completed in April 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 10
- Last Round Series A — $160,612
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First Round
First Round
(13 Feb 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Series A - Veeqo | Valuation |
investors |
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| Mar, 2019 | Amount | Series A - Veeqo | Valuation | Octopus Investments |
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| Sep, 2017 | Amount | Grant - Veeqo | Valuation |
investors |
| 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 Veeqo
Veeqo has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Amazon, Welsh Government and Octopus Investments. 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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Investment solutions are provided for tax planning and wealth management.
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Founded Year | Domain | Location | |
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Government services for Wales are delivered through public administration.
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Founded Year | Domain | Location | |
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Multi-category products are offered through an online marketplace.
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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 Veeqo
Veeqo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Parcel Bright. 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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Discounted courier rates are aggregated for ecommerce businesses.
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2013 |
| 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 - Veeqo
| 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 |
Veeqo Comparisons
Competitors of Veeqo
Veeqo 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 Delhivery, Shadowfax, Coupang, Shiprocket and ShipMonk, 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 |
Integrated logistics services including parcel delivery and warehousing are provided.
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| domain | founded_year | HQ Location |
Express delivery logistics solutions are provided for businesses and individuals.
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| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
E-commerce tools for shipping, marketing, and financial services are provided.
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| domain | founded_year | HQ Location |
Ecommerce order fulfillment, warehousing, and distribution services are provided.
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| domain | founded_year | HQ Location |
End-to-end logistics delivery and courier solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Veeqo
Frequently Asked Questions about Veeqo
When was Veeqo founded?
Veeqo was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Veeqo located?
Veeqo is headquartered in Swansea, United Kingdom. It is registered at Swansea, Wales, United Kingdom.
Who is the current CEO of Veeqo?
Matthew Warren is the current CEO of Veeqo. They have also founded this company.
Is Veeqo a funded company?
Veeqo is a funded company, having raised a total of $11.46M across 10 funding rounds to date. The company's 1st funding round was a Grant of $670.51K, raised on Feb 13, 2013.
What does Veeqo do?
Veeqo was founded in 2012 in Swansea, United Kingdom, as a provider of cloud-based inventory and fulfillment solutions for e-commerce businesses. Inventory synchronization across sales channels like Shopify, Amazon, eBay, and Etsy is facilitated by the platform, along with forecasting, multi-warehouse routing, order management, and shipping services. Operations focus on integrating with various marketplaces to support business fulfillment processes.
Who are the top competitors of Veeqo?
Veeqo's top competitors include Delhivery, Coupang and Shiprocket.
What products or services does Veeqo offer?
Veeqo offers Shipping Software and Inventory Management.
How many acquisitions has Veeqo made?
Veeqo has made 1 acquisition, including Parcel Bright.
Who are Veeqo's investors?
Veeqo has 3 investors. Key investors include Amazon, Welsh Government, and Octopus Investments.
What is Veeqo's valuation?
The valuation of Veeqo is $20.15M as of Apr 2021.
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