About Velocity1
Velocity1 is a company based in Wembley (United Kingdom) founded in 2009 was acquired by Glide in July 2022.. Velocity1 offers products and services including Fibre Broadband, Managed Wi-Fi, Dark Fibre, and Business Broadband. Velocity1 operates in a competitive market with competitors including Hong Kong Broadband Network, KPN, Orange Polska, Cogeco and British Telecom, among others.
- Headquarter Wembley, United Kingdom
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Velocity1 Limited
- Date of Incorporation 09 May, 2007
- Jurisdiction CLEVEDON, ENGLAND
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Products & Services of Velocity1
Velocity1 offers a comprehensive portfolio of products and services, including Fibre Broadband, Managed Wi-Fi, Dark Fibre, and Business Broadband. 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.
High-speed internet via fibre optics networks
Wireless solutions for secure business connectivity
Leased fibre optic cables for custom networks
Broadband tailored for business operations
Funding Insights of Velocity1
| 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 |
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Investors in Velocity1
Velocity1 has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Quintain and Glide. 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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Residential and commercial projects are developed in London.
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Founded Year | Domain | Location | |
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Fiber broadband connectivity services are provided for multiple sectors.
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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 Velocity1
| 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 - Velocity1
| 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 |
Velocity1 Comparisons
Competitors of Velocity1
Velocity1 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 Hong Kong Broadband Network, KPN, Orange Polska, Cogeco and British Telecom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of fibre optic broadband internet services
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| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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Telephony, internet, and data transmission services are provided in Poland.
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| domain | founded_year | HQ Location |
Fiber-optic internet, TV, and fixed-line telephone services provider
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| domain | founded_year | HQ Location |
Provider of mobile phones and fiber broadband services for home & business
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| domain | founded_year | HQ Location |
Wireless, TV, internet, and media services are provided across Canada.
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| 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 Velocity1
When was Velocity1 founded?
Velocity1 was founded in 2009.
Where is Velocity1 located?
Velocity1 is headquartered in Wembley, United Kingdom.
What does Velocity1 do?
Founded in 2009 and based in Wembley, United Kingdom, the company operates in the hydroponic agriculture sector. Deep water culture systems are utilized to produce high volumes of leafy greens throughout the year. Partnerships with certified growers are maintained to facilitate distribution, ensuring fresh produce is available near consumers. Sustainable methods are employed to support consistent supply of locally sourced greens.
Who are the top competitors of Velocity1?
What products or services does Velocity1 offer?
Velocity1 offers Fibre Broadband, Managed Wi-Fi, Dark Fibre, and Business Broadband.
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