Velocity IT

Milton Keynes, United Kingdom Founded: 2010 • Age: 16 yrs Acquired By Core
Digital transformation, financial management, HR, and IT services are provided.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 10 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Velocity IT

Velocity IT is a company based in Milton Keynes (United Kingdom) founded in 2010 was acquired by Core in April 2024. The company has 10 employees as of January 31, 2022. Velocity IT offers products and services including Robotic Process Automation (RPA), Low-Code Automation (BPM), and Artificial Intelligence Automation. Velocity IT operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Milton Keynes, United Kingdom
  • Employees 10 as on 31 Jan, 2022
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Velocity It Ltd
  • Date of Incorporation 14 Jan, 2010
  • Jurisdiction MILTON KEYNES, BUCKINGHAMSHIRE, ENGLAND
Operational Areas
Technology → Enterprise IT Services & Distribution Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    10

    as on Jan 31, 2022

  • Acquired by
    Core

    (Apr 24, 2024)

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Products & Services of Velocity IT

Velocity IT offers a comprehensive portfolio of products and services, including Robotic Process Automation (RPA), Low-Code Automation (BPM), and Artificial Intelligence Automation.

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Primary

Automates repetitive tasks to improve efficiency and reduce errors.

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Enables rapid creation of custom workflows for business processes.

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Uses AI to handle complex data and decision-making tasks.

Funding Insights of Velocity IT

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Detailed funding history for Velocity IT

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Investors in Velocity IT

Velocity IT has secured backing from 1 investor. Prominent investors backing the company include Core.

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Investor Description Founded Year Domain Location
Managed services are provided by Core in the United Kingdom.
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Investor details for Velocity IT

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Investments & Acquisitions by Velocity IT

Investments
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Investment portfolio details for Velocity IT

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Financial Statements - Velocity IT

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Detailed financials for Velocity IT

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Velocity It Comparisons

Velocity IT Primary company
Description
Digital transformation, financial management, HR, and IT ser...
Location
Milton Keynes, United Kingdom
Founded Year
2010
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
10
As of 2022
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Peer comparison for Velocity IT

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Competitors of Velocity IT

Velocity IT 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

Company Name Domain Founded year HQ Location Description
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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AI, cloud, and blockchain services are provided globally.
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IT and digital transformation services are delivered to various industries.
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Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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Provider of end-to-end business process outsourcing services
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Detailed competitors of Velocity IT

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Latest news on Velocity It

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Complete news archive for Velocity IT

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Frequently Asked Questions about Velocity IT

Velocity IT was founded in 2010.

Velocity IT is headquartered in Milton Keynes, United Kingdom.

As of Jan 31, 2022, the latest employee count at Velocity IT is 10.

Velocity IT was founded in 2010 and is based in Milton Keynes, United Kingdom. Operations focus on the IT and professional services sector, where digital transformation initiatives are supported alongside financial management tools. HR solutions and IT infrastructure services are also delivered to clients. The company maintains its domain at velocity-it.com, serving needs in these areas across the region.

Velocity IT's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

Velocity IT offers Robotic Process Automation (RPA), Low-Code Automation (BPM), and Artificial Intelligence Automation.

Velocity IT has 1 investor. Key investors include Core.

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