About Velocity Frequent Flyer
Velocity Frequent Flyer is a company based in Sydney (Australia) founded in 2005.. Velocity Frequent Flyer has raised $314 million across 1 funding round from investors including Affinity Equity Partners.
- Headquarter Sydney, Australia
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Email
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$314 M (USD)
in 1 rounds
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Latest Funding Round
$314 M (USD), Private Equity Round
Aug 29, 2014
- Investors
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Employee Count
Employee Count
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Funding Insights of Velocity Frequent Flyer
Velocity Frequent Flyer has successfully raised a total of $314M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $314 million completed in August 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 Private Equity Round — $314.0M
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First Round
First Round
(29 Aug 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2014 | Amount | Private Equity Round - Velocity Frequent Flyer | Valuation |
investors |
| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Velocity Frequent Flyer
Velocity Frequent Flyer has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Affinity Equity Partners. 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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A leader in Asian private equity investments since 1998.
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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 Velocity Frequent Flyer
| 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 - Velocity Frequent Flyer
| 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 |
Velocity Frequent Flyer Comparisons
Competitors of Velocity Frequent Flyer
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Velocity Frequent Flyer
When was Velocity Frequent Flyer founded?
Velocity Frequent Flyer was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Where is Velocity Frequent Flyer located?
Velocity Frequent Flyer is headquartered in Sydney, Australia. It is registered at Sydney, New South Wales, Australia.
Who is the current CEO of Velocity Frequent Flyer?
John Borghetti is the current CEO of Velocity Frequent Flyer.
Is Velocity Frequent Flyer a funded company?
Velocity Frequent Flyer is a funded company, having raised a total of $314M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $314M, raised on Aug 29, 2014.
What does Velocity Frequent Flyer do?
Founded in 2005 and based in Sydney, Australia, Velocity Frequent Flyer is operated as a loyalty program within the aviation sector. Points are accumulated by members through flights, credit card usage, and partnerships with businesses like car rentals and hotels. Accumulated points can be redeemed for travel rewards, upgrades, and merchandise. Features such as family point pooling and transfers are included to support member flexibility.
Who are Velocity Frequent Flyer's investors?
Velocity Frequent Flyer has 1 investor. Key investors include Affinity Equity Partners.
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