About Velocity
Velocity is a company based in Kitchener (Canada). It operates as a Professional Services. Velocity offers products and services including Startup Incubation.
- Headquarter Kitchener, Canada
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Sectors
Financial Services
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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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Latest Funding Round
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Investors
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Products & Services of Velocity
Velocity offers a comprehensive portfolio of products and services, including Startup Incubation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Support is provided for startup growth and development.
Funding Insights of Velocity
| 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 |
Investments & Acquisitions by Velocity
| 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
| 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 |
Velocity Comparisons
Competitors of Velocity
| 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 Velocity
Where is Velocity located?
Velocity is headquartered in Kitchener, Canada. It is registered at Kitchener, Ontario, Canada.
What does Velocity do?
Velocity is recognized as a leading startup incubator, strengthened by the University of Waterloo since 2008. It is focused on helping founders grow their startups through a robust community, tools, coaching, and networking opportunities. Over 500 startups have been supported, achieving a collective enterprise value of 40 billion and creating thousands of jobs globally. Sectors such as FinTech, HealthTech, EdTech, and Industrial are covered, with an emphasis on fostering innovation and sustainable growth in the tech ecosystem.
What products or services does Velocity offer?
Velocity offers Startup Incubation.
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