About Velocia
Velocia is a company based in Toronto (Canada) founded in 2018 by David Winterstein. Velocia has raised $2.5 million across 3 funding rounds from investors including Toyota Tsusho, Techstars and Windsail Capital Group. The company has 16 employees as of December 31, 2024. Velocia offers products and services including Rider Incentive Program, Transit Ambassador Program, Mobility Wallet, Surveys, and Automated Guaranteed Ride Home Program. Velocia operates in a competitive market with competitors including Miles, GoCarma, MOBIX, MUV Game and PayTrippa, among others.
- Headquarter Toronto, Canada
- Employees 16 as on 31 Dec, 2024
- Founders David Winterstein
-
Sectors
Transportation, Automotive & Logistics
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Velocia, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$2.5 M (USD)
in 3 rounds
-
Latest Funding Round
$2.5 M (USD), Series A
Aug 03, 2022
-
Investors
Toyota Tsusho
& 2 more
-
Employee Count
16
as on Dec 31, 2024
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Velocia
Velocia offers a comprehensive portfolio of products and services, including Rider Incentive Program, Transit Ambassador Program, Mobility Wallet, Surveys, and Automated Guaranteed Ride Home Program.
Increases transit ridership through rewards and behavior influence
Promotes transit usage via ambassador-led initiatives
Enables mobile payments and rewards for transit riders
Gathers rider feedback to optimize transit services
Provides assured transport options for riders in need
People of Velocia
Unlock access to complete
Unlock access to complete
Funding Insights of Velocia
Velocia has successfully raised a total of $2.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.5 million completed in August 2022. 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 Velocia
Velocia has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Toyota Tsusho, Techstars and Windsail Capital Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Locked | Locked | Locked | |
|
Startups are accelerated globally without sector restrictions through structured programs.
|
Locked | Locked | Locked | |
|
Trading services in metals, parts, logistics, and automobiles are provided.
|
Locked | Locked | Locked |
Investor details for Velocia
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Velocia
Investment portfolio details for Velocia
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Velocia
Detailed financials for Velocia
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Velocia Comparisons
Peer comparison for Velocia
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Velocia
Velocia 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 Miles, GoCarma, MOBIX, MUV Game and PayTrippa, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Miles is recognized as a rewards program mobile application.
|
|
| Locked | Locked | Locked |
GPS tolling, road user charging & dynamic road pricing system
|
|
| Locked | Locked | Locked |
Platform for EV charging, parking reservations, and earning rewards through an app.
|
|
| Locked | Locked | Locked |
Travel rewards are provided via app for eco-friendly mobility activities.
|
|
| Locked | Locked | Locked |
App-based platform offering reward solutions for ride-sharing
|
Detailed competitors of Velocia
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Velocia
Complete news archive for Velocia
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Velocia
Velocia was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Velocia is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
David Winterstein is the current CEO of Velocia. They have also founded this company.
Velocia is a funded company, having raised a total of $2.5M across 3 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Velocia is 16.
Velocia was founded in 2018 in Toronto, Canada, as an app-based platform in the mobility sector. Points are awarded to users for participating in car rides, bike or scooter shares, and public transit. These points are accumulated and redeemed for future trips. The application operates on both Android and iOS devices, facilitating reward-based incentives for sustainable transport options.
Velocia offers Rider Incentive Program, Transit Ambassador Program, Mobility Wallet, Surveys, and Automated Guaranteed Ride Home Program.
Velocia has 3 investors. Key investors include Toyota Tsusho, Techstars, and Windsail Capital Group.