Velio

Amsterdam, Netherlands Founded: 1998 • Age: 28 yrs Acquired By ULU
Automotive electronic products are designed and developed.
Annual revenue - Latest available
Total funding $45.0M 1 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Velio

Velio is a company based in Amsterdam (Netherlands) founded in 1998 was acquired by ULU in October 2016. 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. Velio operates in a competitive market with competitors including ZF, HELLA, Cummins, Cooper Standard and Gentex, among others.

  • Headquarter Amsterdam, Netherlands
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Velio Ventures B.V.
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $45 M (USD)

    in 1 rounds

  • Latest Funding Round
    $45 M (USD), Series C

    Jul 23, 2001

  • Investors
  • Employee Count
    Not available
  • Acquired by
    ULU

    (Oct 13, 2016)

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Products & Services of Velio

Velio offers a comprehensive portfolio of products and services, including VELOCITY Platform, Engagement and Telematics Platform, and REQURE Platform.

Product name locked
Category locked
Primary

Platform for product ideation and scaling for businesses.

Product name locked
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Solution transforming automotive firms into mobility services.

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Redpoint Ventures is engaged in venture capital investments.
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Sequoia Capital is engaged in venture capital investments.
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Growth in technology companies is supported through venture capital.
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Investor details for Velio

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Velio

Investments
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Investment portfolio details for Velio

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Velio

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Detailed financials for Velio

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  • Profit trends
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Velio Comparisons

Velio Primary company
Description
Automotive electronic products are designed and developed.
Location
Amsterdam, Netherlands
Founded Year
1998
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Velio

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Competitors of Velio

Velio 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 ZF, HELLA, Cummins, Cooper Standard and Gentex, among others.

Company Name Domain Founded year HQ Location Description
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Mobility systems are developed for cars, vehicles, and industrial uses.
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Electronic components are manufactured and supplied to OEMs and aftermarket.
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Manufacturer of gas-powered construction equipment
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Systems and components for the automotive industry are supplied worldwide.
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Gentex Corporation is engaged in developing automotive and safety technologies.
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Manufacturer of bearings for the automotive industry
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Detailed competitors of Velio

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Latest news on Velio

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Complete news archive for Velio

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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.

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's top competitors include Cummins, SEDEMAC and Valeo.

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.

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