About Velecor
Velecor is a company based in Cincinnati (United States) founded in 2008. It operates as a B2B, and SaaS. Velecor offers products and services including Managed Services and Professional Services. Velecor operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Cincinnati, United States
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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 Velecor Services, Llc
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Annual Revenue
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Products & Services of Velecor
Velecor offers a comprehensive portfolio of products and services, including Managed Services and Professional Services. 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 securing data and managing IT infrastructure for businesses.
Business consulting and application development for IT projects.
Funding Insights of Velecor
| 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 |
Investments & Acquisitions by Velecor
| 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 - Velecor
| 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 |
Velecor Comparisons
Competitors of Velecor
Velecor 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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IT outsourcing services are delivered across multiple business lines.
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IT and management consultancy services are provided globally.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Velecor
When was Velecor founded?
Velecor was founded in 2008.
Where is Velecor located?
Velecor is headquartered in Cincinnati, United States. It is registered at Cincinnati, Ohio, United States.
What does Velecor do?
Velecor Services delivers enterprise IT solutions to help businesses in the Greater Cincinnati area focus on core operations. They offer managed services like cloud, security, and backup, along with professional services including business consulting, application development, and project management. The company emphasizes cost reduction, data security, and custom IT strategies, serving clients with tailored plans and unlimited support to meet their needs and budgets.
Who are the top competitors of Velecor?
Velecor's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Velecor offer?
Velecor offers Managed Services and Professional Services.