About Vell
Vell is a Transportation, Automotive & Logistics company based in Paris (France) founded in 2021 by Morgan Petitjean. Online platform for selling used cars to professionals. Vell has raised $2.48 million across 2 funding rounds from investors including Otium Capital, Kima Ventures and Como. Its chief executive, as recorded, is Morgan Petitjean. Its focus areas include Consumer, Auto E-Commerce & Content, Second Hand Vehicles and Cars. Its competitors include Autobiz France, Carizy and Alcopa Auction.
Company details
Vell was founded in 2021 in Paris, France, as an online platform in the automotive sector. Used vehicles are offered by individuals to professional buyers via a competitive bidding process. Multiple offers are compared by users, who select the preferred one. Collection services are provided directly from the sellers home or chosen location, facilitating efficient transactions across France.
- Total Equity Funding$2.48M (USD)
in 2 rounds
- Latest Funding Round$2.48M (USD), Seed
Dec 2021
- InvestorsOtium Capital
& 6 more
Funding Insights of Vell
Vell has successfully raised a total of $2.48M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.48 million completed in December 2021. 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 $2.48M
- Total Rounds 2
- Last Round Seed — $2.48M
- Investors Count 7
All 2 funding rounds of Vell 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 |
|---|---|---|---|---|---|
| Dec 2021 | $2.48M | Seed | – | Otium Capital, Kima Ventures | |
| Jun 2021 | Seed | – | Founders Future | – |
7 investors in total: 4 institutional and 3 angel.
Investors in Vell
Vell has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Otium Capital, Kima Ventures and Como.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on multiple sectors | otiumcapital.com | Paris, France | ||
Seed-stage investments in startups are provided by Kima Ventures. | kimaventures.com | Paris, France | ||
A venture capital firm focused on tech entrepreneurs is operated. | foundersfuture.com | Paris, France | ||
Como is engaged in the sale of premium vehicles. | como.fr | Paris, France | ||
TC Thibault Chassagne | French entrepreneur in India, angel investor, co-founder of MCaffeine | unknown_9b4f9751bae34e1e9 | ||
KK Karim Kaddoura | Angel investor and entrepreneur, co-founder of FlapKap, focused on fintech | unknown_41a4c4c32a6e41f18 | ||
FC Florent Couty | unknown_be569029e21048019 |
Investor details for Vell
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People of Vell
1 people are tracked at Vell (1 in leadership).
| Name | Role | Group |
|---|---|---|
Morgan Petitjean | Founder & CEO | Leadership |
Complete people profiles for Vell
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Timeline of Vell
3 dated milestones of Vell, from founding to its latest funding, stage changes and deals.
- Founded Vell is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $2.5M.
Competitors of Vell
Vell has 3 listed competitors in our database. They include Autobiz France, Carizy and Alcopa Auction.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| autobiz.fr | 2010 | Suresnes, France | Online car analysis and purchases are facilitated through partner networks. | |||
| carizy.com | 2015 | Paris, France | Second-hand car resales are facilitated online between sellers and buyers. | |||
| alcopa-auction.fr | 2012 | Paris, France | It functions as an online auction-based marketplace for used cars. |
Detailed competitors of Vell
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Frequently Asked Questions about Vell
Vell was founded in 2021.
Vell is headquartered in Paris, France.
Morgan Petitjean is the CEO of Vell, as recorded in our data. They have also founded this company.
Vell is a funded company, having raised a total of $2.48M across 2 funding rounds to date.
Vell was founded in 2021 in Paris, France, as an online platform in the automotive sector. Used vehicles are offered by individuals to professional buyers via a competitive bidding process. Multiple offers are compared by users, who select the preferred one. Collection services are provided directly from the sellers home or chosen location, facilitating efficient transactions across France.
Vell's top competitors include Autobiz France, Carizy and Alcopa Auction.
Vell has 7 investors. Key investors include Otium Capital, Kima Ventures, Como, Thibault Chassagne, and Karim Kaddoura.