VelocityEHS

Chicago, United States Founded: 1996 • Age: 30 yrs Acquired By CVC
SaaS-based EHS compliance software is provided for global enterprises.
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About VelocityEHS

VelocityEHS is a company based in Chicago (United States) founded in 1996 was acquired by CVC in September 2017.. VelocityEHS has completed 5 acquisitions, including Contractor Compliance, Humantech and Kinetica Labs. VelocityEHS offers products and services including Accelerate Platform, Safety Incident Management, Chemical Management, Ergonomics Solutions, and Contractor Safety. VelocityEHS operates in a competitive market with competitors including Sphera Solutions, Intelex, Evotix, ComplianceQuest and ProcessMAP, among others.

  • Headquarter Chicago, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Msdsonline Inc.
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    CVC

    (Sep 25, 2017)

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Products & Services of VelocityEHS

VelocityEHS offers a comprehensive portfolio of products and services, including Accelerate Platform, Safety Incident Management, Chemical Management, Ergonomics Solutions, and Contractor Safety. 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.

Primary

Integrated platform for safety and risk management tools.

Manages incidents, audits, and compliance activities.

Handles SDS and inventory for regulatory reporting.

Assesses and mitigates workplace ergonomics risks.

Manages permits and visitor safety controls.

People of VelocityEHS
Headcount 500-1000
Employee Profiles 71
Employee Profiles
People
John Damgaard
CEO
People
Michael Martens
EVP & Chief Financial Officer
People
Winnie Ip
COO
People
Rachel Kaiser
VP of Human Resources

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Funding Insights of VelocityEHS

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in VelocityEHS

VelocityEHS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CVC. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Mezzanine financing and equity investments are provided by CVC.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by VelocityEHS

VelocityEHS has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Contractor Compliance, Humantech and Kinetica Labs. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based ergonomic risk assessment for workplaces is offered.
2016
Contractor management software for the construction industry is offered.
2014
Permit to work, induction, and contractor management software is provided.
2008
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - VelocityEHS

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Velocityehs Comparisons

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Competitors of VelocityEHS

VelocityEHS 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 Sphera Solutions, Intelex, Evotix, ComplianceQuest and ProcessMAP, 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
Cloud-based QEHS and operational risk software is provided.
domain founded_year HQ Location
EHS and quality management software is provided for manufacturing.
domain founded_year HQ Location
Cloud based integrated EHS compliance management software provider
domain founded_year HQ Location
AI and cloud-based quality management system for enterprises is provided.
domain founded_year HQ Location
Cloud-based compliance solutions for health and safety risks are provided.
domain founded_year HQ Location
Cloud-based QEHS software solutions are provided for enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Velocityehs

Frequently Asked Questions about VelocityEHS

When was VelocityEHS founded?

VelocityEHS was founded in 1996.

Where is VelocityEHS located?

VelocityEHS is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

What does VelocityEHS do?

VelocityEHS was founded in 1996 in Chicago, United States. Operations are focused on the environmental, health, and safety (EHS) sector through SaaS-based platforms. Global enterprises are supported in managing health, safety, environmental compliance, training, operational risk, and ESG factors. Data visualization tools are offered for effective data handling, alongside streamlined onboarding for ongoing process enhancements.

Who are the top competitors of VelocityEHS?

VelocityEHS's top competitors include Intelex, Sphera Solutions and ProcessMAP.

What products or services does VelocityEHS offer?

VelocityEHS offers Accelerate Platform, Safety Incident Management, Chemical Management, Ergonomics Solutions, and Contractor Safety.

How many acquisitions has VelocityEHS made?

VelocityEHS has made 5 acquisitions, including Contractor Compliance, Humantech, and Kinetica Labs.

Who are VelocityEHS's investors?

VelocityEHS has 1 investor. Key investors include CVC.

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