About VeliTech
VeliTech is a company based in Limassol (Cyprus) founded in 2023. It operates as a B2B, and SaaS. VeliTech offers products and services including VeliHorizon, VeliGames, VeliSports, VeliPayments, and VeliEDGE. VeliTech operates in a competitive market with competitors including Gamblit Gaming, BetMGM, VIP Entertainment Technologies, ODDSworks and Interblock, among others.
- Headquarter Limassol, Cyprus
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Veli Technologies Ltd
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Annual Revenue
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Products & Services of VeliTech
VeliTech offers a comprehensive portfolio of products and services, including VeliHorizon, VeliGames, VeliSports, VeliPayments, and VeliEDGE. 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.
Manages iGaming business operations with scalable tools.
Aggregates casino games from multiple providers.
Offers betting options for sports and eSports events.
Secures and processes payment transactions reliably.
Enhances player retention through no-code automation.
Creates custom gaming experiences with advanced technology.
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Funding Insights of VeliTech
| 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 VeliTech
| 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 - VeliTech
| 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 |
Velitech Comparisons
Competitors of VeliTech
VeliTech 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 Gamblit Gaming, BetMGM, VIP Entertainment Technologies, ODDSworks and Interblock, 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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Software is provided to integrate wagering features into games.
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Online casino and sports betting platforms are developed by BetMGM.
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Development studio developing tech-enabled products for the gambling industry
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Platform offering game development solutions for online and offline gambling operators
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A range of multi-category casino electronic table games is developed.
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| domain | founded_year | HQ Location |
SaaS-enabled back-end management solutions for games and gambling are developed.
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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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Latest news on Velitech
Frequently Asked Questions about VeliTech
When was VeliTech founded?
VeliTech was founded in 2023.
Where is VeliTech located?
VeliTech is headquartered in Limassol, Cyprus.
What does VeliTech do?
VeliTech offers advanced iGaming software solutions, including core systems, game aggregation, and sportsbook platforms. It operates as a B2B provider, enabling businesses to manage operations, enhance player engagement, and ensure secure payments. Based in Cyprus with offices in Ukraine and Georgia, it serves iGaming companies by integrating scalable technologies for efficient, compliant services.
Who are the top competitors of VeliTech?
VeliTech's top competitors include BetMGM, ODDSworks and Interblock.
What products or services does VeliTech offer?
VeliTech offers VeliHorizon, VeliGames, VeliSports, VeliPayments, and 2 more products and services.