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
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Sectors
Transportation, Automotive & Logistics
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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 Velio Ventures B.V.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 1 rounds
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Latest Funding Round
$45 M (USD), Series C
Jul 23, 2001
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Investors
HarbourVest Partners
& 6 more
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Employee Count
Employee Count
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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. 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 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 Total Funding
- Total Rounds 1
- Last Round Series C — $45.0M
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First Round
First Round
(23 Jul 2001)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2001 | Amount | Series C - Velio | Valuation | Redpoint Ventures |
| 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 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. 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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Redpoint Ventures is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Growth in technology companies is supported through venture capital.
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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 Velio
| 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 - Velio
| 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 |
Velio Comparisons
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. 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 |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Electronic components are manufactured and supplied to OEMs and aftermarket.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Gentex Corporation is engaged in developing automotive and safety technologies.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Velio
When was Velio founded?
Velio was founded in 1998 and raised its 1st funding round 3 years after it was founded.
Where is Velio located?
Velio is headquartered in Amsterdam, Netherlands.
Is Velio a funded company?
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 23, 2001.
What does Velio do?
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.
What products or services does Velio offer?
Velio offers VELOCITY Platform, Engagement and Telematics Platform, and REQURE Platform.
Who are Velio's investors?
Velio has 7 investors. Key investors include HarbourVest Partners, Redpoint Ventures, Sequoia Capital, IVP, and Capital Group.