About Vela Software
Vela Software is a company based in Toronto (Canada) founded in 1995.. Vela Software has completed 20 acquisitions, including ASA Automotive Systems, Coreworx and Envirosoft. Vela Software offers products and services including Acquisition Services and Operational Support. Vela Software operates in a competitive market with competitors including AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, among others.
- Headquarter Toronto, Canada
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Sectors
Business ServicesTechnology
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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 Vela Software International Inc.
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Annual Revenue
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Net Profit
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Latest Funding Round
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Investors
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Employee Count
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Investments & Acquisitions
ASA Automotive Systems
& 19 more
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Products & Services of Vela Software
Vela Software offers a comprehensive portfolio of products and services, including Acquisition Services and Operational Support. 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.
Services for acquiring and managing software companies
Support for growth and management of acquired entities
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Funding Insights of Vela Software
| 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 |
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Investments & Acquisitions by Vela Software
Vela Software has strategically engaged in corporate development activities, having acquired 20 companies. Notable acquisitions include ASA Automotive Systems, Coreworx and Envirosoft. 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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Fiscal management platform for businesses
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2017 | ||||
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GreatSoft is specialized in providing CRM software for accountancy firms.
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2011 | ||||
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Examination and assessment management platform is operated for educational institutes.
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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 - Vela Software
| 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 |
Vela Software Comparisons
Competitors of Vela Software
Vela Software 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 AKQA, Unicorn, Hancom, AlmavivA and Hedgehog lab, 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 |
Integrated digital marketing campaigns are developed and executed across channels.
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Software development services are provided by Unicorn in Prague.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
IT services suite solutions are provided globally by AlmavivA.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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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 Vela Software
Frequently Asked Questions about Vela Software
When was Vela Software founded?
Vela Software was founded in 1995.
Where is Vela Software located?
Vela Software is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Vela Software do?
Vela Software was established in 1995 in Toronto, Canada, as a provider of software development services. Operations are focused on the technology sector, where custom software solutions are developed and maintained for various clients. Services encompass application development, consulting, and integration, with activities centered in North America. The companys domain, velasoftwaregroup.com, supports its online presence and client interactions.
Who are the top competitors of Vela Software?
Vela Software's top competitors include RedShelf, Unicorn and Hedgehog lab.
What products or services does Vela Software offer?
Vela Software offers Acquisition Services and Operational Support.
How many acquisitions has Vela Software made?
Vela Software has made 20 acquisitions, including ASA Automotive Systems, Coreworx, and Envirosoft.
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