About Velio
Velio is a Transportation, Automotive & Logistics company based in Amsterdam (Netherlands) founded in 1998, and was acquired by ULU in October 2016. Automotive electronic products are designed and developed. Velio has raised $45 million across 1 funding round from investors including HarbourVest Partners, Redpoint Ventures and Sequoia Capital. Velio offers products and services including VELOCITY Platform, Engagement and Telematics Platform, and REQURE Platform. Its focus areas include Auto, Auto Components, Electrical and Electronic System and Multi Category. Its legal entity is Velio Ventures B.V.
Company details
Velio was founded in 1998 and is based in Amsterdam, Netherlands. Design and development services for automotive electronic products are provided by the company. Operations focus on engineering solutions within the automotive sector, including product prototyping and integration. The firms activities are centered in Europe, supporting vehicle electronics needs through specialized technical expertise.
- Total Equity Funding$45M (USD)
in 1 rounds
- Latest Funding Round$45M (USD), Series C
Jul 2001
- InvestorsHarbourVest Partners
& 6 more
- Acquired byULU
(Oct 2016)
Products & Services of Velio
Velio offers a comprehensive portfolio of products and services, including VELOCITY Platform, Engagement and Telematics Platform, and REQURE Platform.
Platform for product ideation and scaling for businesses.
Solution transforming automotive firms into mobility services.
Centralizes product and finance tasks for business efficiency.
Funding Insights of Velio
Velio has successfully raised a total of $45M through 1 strategic funding round. The most recent funding activity was a Series C round of $45 million completed in July 2001. 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 $45M
- Total Rounds 1
- Last Round Series C — $45M
- First Round $45M
(Jul 2001)
- Investors Count 6
All 1 funding rounds of Velio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2001 | $45M | Series C | – | Redpoint Ventures |
7 investors in total: 7 institutional.
Investors in Velio
Velio has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include HarbourVest Partners, Redpoint Ventures and Sequoia Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Redpoint Ventures is engaged in venture capital investments. | redpoint.com | Woodside, United States | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Growth in technology companies is supported through venture capital. | ivp.com | Menlo Park, United States | ||
Private market investment solutions are offered to institutional clients. | 1982 | harbourvest.com | Boston, United States | |
Stage-agnostic investments are made in US offline and tech companies. | gc-partners.com | Palo Alto, United States | ||
Investment management services are provided for long-term investors. | capitalgroup.com | Amsterdam, Netherlands | ||
ULU is recognized as a technology partner for smart mobility and connectivity solutions. | driveulu.com | Schiphol-Rijk, Netherlands |
Investor details for Velio
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Velio
3 dated milestones of Velio across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Velio is founded.
- Funding First funding round of $45.0M.
- Exit Acquired by ULU.
Web traffic of Velio
The website of Velio (velio.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▼ 15.9% vs previous month
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Frequently Asked Questions about Velio
Velio was founded in 1998 and raised its 1st funding round 3 years after it was founded.
Velio is headquartered in Amsterdam, Netherlands.
Velio is a funded company, having raised a total of $45M across 1 funding round to date. The company's 1st funding round was a Series C of $45M, raised on Jul 2001.
Velio was founded in 1998 and is based in Amsterdam, Netherlands. Design and development services for automotive electronic products are provided by the company. Operations focus on engineering solutions within the automotive sector, including product prototyping and integration. The firms activities are centered in Europe, supporting vehicle electronics needs through specialized technical expertise.
Velio offers VELOCITY Platform, Engagement and Telematics Platform, and REQURE Platform.
Velio has 7 investors. Key investors include HarbourVest Partners, Redpoint Ventures, Sequoia Capital, IVP, and Capital Group.
Velio operates through Velio Ventures B.V..
Yes. Velio was acquired by ULU in October 2016.