About Velocity
Velocity is a company by Tom Greenwood and Eric Queathem. It operates as a FinTech, and SaaS (Software-as-a-Service). Velocity has raised $10 million across 1 funding round from investors including Fuel Ventures, Activant Capital and Fabric Ventures. Velocity offers products and services including Stablecoin Payment Account and Unified Treasury Platform.
- Founders Tom Greenwood, Eric Queathem
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Velocity Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Seed
May 28, 2025
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Investors
Fuel Ventures
& 5 more
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Employee Count
Employee Count
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Products & Services of Velocity
Velocity offers a comprehensive portfolio of products and services, including Stablecoin Payment Account and Unified Treasury Platform. 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.
Unified account for multi-asset payment and settlement.
Platform for managing liquidity across global assets.
Funding Insights of Velocity
Velocity has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Seed round of $10 million completed in May 2025. 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 — $10.0M
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First Round
First Round
(28 May 2025)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Seed - Velocity | Valuation | Activant Capital |
| 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 Velocity
Velocity has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Fuel Ventures, Activant Capital and Fabric Ventures. 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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Venture capital fund investing in tech sectors
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this venture capital firm.
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Founded Year | Domain | Location | |
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Blockchain and decentralized networks are targeted for venture capital investments.
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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
| 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
Who is the current CEO of Velocity?
Tom Greenwood is the current CEO of Velocity. They have also founded this company.
Is Velocity a funded company?
Velocity is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Seed of $10M, raised on May 28, 2025.
What does Velocity do?
Velocity is established as a platform that connects banks, blockchains, and businesses for seamless financial operations. It is designed to handle high-value transactions across jurisdictions with a focus on performance and reliability. Solutions are provided for cross-border settlement, treasury management, and programmable payments. The platform is built to integrate with existing infrastructure, supporting complex workflows in the financial sector. Operations are supported across North America, Europe, and Asia with a commitment to 247 availability.
What products or services does Velocity offer?
Velocity offers Stablecoin Payment Account and Unified Treasury Platform.
Who are Velocity's investors?
Velocity has 6 investors. Key investors include Fuel Ventures, Activant Capital, Fabric Ventures, Commerce Ventures, and Digital Space Ventures.