About Velo Trainer
Velo Trainer is a company based in Newcastle Upon Tyne (United Kingdom) founded in 2014. It operates as a B2C. Velo Trainer has raised $28 thousand across 1 funding round from investors including Ignite. Velo Trainer operates in a competitive market with competitors including BlazePod, Tacx, Kinomap, Leomo and Pafers, among others.
- Headquarter Newcastle Upon Tyne, United Kingdom
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$28 K (USD)
in 1 rounds
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Latest Funding Round
$28 K (USD), Seed
Jun 01, 2014
- Investors
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Employee Count
Employee Count
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Funding Insights of Velo Trainer
Velo Trainer has successfully raised a total of $28K through 1 strategic funding round. The most recent funding activity was a Seed round of $28 thousand completed in June 2014. 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 Seed — $28,000
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First Round
First Round
(01 Jun 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Seed - Velo Trainer | Valuation |
investors |
| 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 Velo Trainer
Velo Trainer has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ignite. 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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Ignite is engaged in supporting startup founders through programmes.
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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 Velo Trainer
| 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 - Velo Trainer
| 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 |
Velo Trainer Comparisons
Competitors of Velo Trainer
Velo Trainer 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 BlazePod, Tacx, Kinomap, Leomo and Pafers, 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 |
Flash reflex training systems are manufactured by BlazePod.
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| domain | founded_year | HQ Location |
Interactive bike trainers and training software are provided by Tacx.
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| domain | founded_year | HQ Location |
Interactive videos are delivered for indoor exercise simulations via app.
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| domain | founded_year | HQ Location |
Wearable sensors are developed for performance measurement and feedback.
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| domain | founded_year | HQ Location |
Non-VR fitness equipment for training is provided and developed.
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| domain | founded_year | HQ Location |
Real-time aerodynamics analytics for cycling and triathlon performance are provided.
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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 Velo Trainer
When was Velo Trainer founded?
Velo Trainer was founded in 2014.
Where is Velo Trainer located?
Velo Trainer is headquartered in Newcastle Upon Tyne, United Kingdom.
Is Velo Trainer a funded company?
Velo Trainer is a funded company, having raised a total of $28K across 1 funding round to date. The company's 1st funding round was a Seed of $28K, raised on Jun 01, 2014.
What does Velo Trainer do?
Velo Trainer offers a mobile app that enhances indoor cycle training through social features, focusing on fitness and wellness, developing sports tech, developing user-friendly mobile apps, and cycling training. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
Who are the top competitors of Velo Trainer?
Who are Velo Trainer's investors?
Velo Trainer has 1 investor. Key investors include Ignite.