About Velory
Velory is a company based in Stockholm (Sweden) founded in 2014. Velory has raised $5 million across 1 funding round from investors including Northzone, Salesforce Ventures and MOOR Capital. Velory has completed 1 acquisition, including Varvet. Velory offers products and services including IT Procurement, IT Asset Management, Employee Experience, and End of Lifecycle Management. Velory operates in a competitive market with competitors including Workwize, Esevel, X21 Remote, Unidostup and Floteto, among others.
- Headquarter Stockholm, Sweden
- SectorsTechnology
- Email••••••••
- Website velory.com
- Social LinkedIn X Facebook Instagram
- Legal Name Universal Avenue Ab
Products & Services of Velory
Velory offers a comprehensive portfolio of products and services, including IT Procurement, IT Asset Management, Employee Experience, and End of Lifecycle Management.
Platform for creating customizable hardware stores for businesses.
Tool for monitoring and controlling company tech gear remotely.
System for managing employee devices from onboarding to offboarding.
Handles device upgrades and end-of-life processes securely.
Funding Insights of Velory
Velory has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in September 2015. 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 $5M
- Total Rounds 1
- Last Round Series A — $5M
- First Round $5M
(Sep 2015)
- Investors Count 3
All 1 funding rounds of Velory with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2015 | $5M | Series A | – | Northzone |
3 investors in total: 3 institutional.
Investors in Velory
Velory has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Northzone, Salesforce Ventures and MOOR Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by Northzone venture capital. | – | northzone.com | London, United Kingdom | |
Early-stage tech startups are funded by corporate-backed Salesforce Ventures. | – | salesforceventures.com | San Francisco, United States | |
- | – | moorcap.com | - |
Investor details for Velory
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Velory
12 people are tracked at Velory (8 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Jonatan Hedin | VP Operations and Analytics | Leadership |
Marielle Poveda Boheman | COO | Leadership |
Georgios Gultidis | Head of Customer Success | Leadership |
Johan Lilja | Founder & CEO | Leadership |
Kiarash Kiani | Head Of Legal & People | Leadership |
Ludvig Andén | Chief Business Development Officer (cbdo) | Leadership |
Martin Sterner | VP Revenue And GTM Operations | Leadership |
Mukund Chopra | Head of North America | Leadership |
Karl Sigfrid | Data Scientist | Team |
Mats Haugen | Country Manager | Team |
Teo Raspudic | Data Analyst | Team |
Tatum Christmann | Brand Ambassador - Marketing and Sales Executive | Team |
Complete people profiles for Velory
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Velory
Velory has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Varvet.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Diversified application development services are offered by Varvet. | varvet.com | Gothenburg, Sweden | 2008 | Nov 2018 | •••• |
Complete acquisition details for Velory
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Velory
3 dated milestones of Velory across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Velory is founded.
- Funding First funding round of $5.0M.
- Acquisition Acquires Varvet.
Competitors of Velory
Velory 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 Workwize, Esevel, X21 Remote, Unidostup and Floteto, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goworkwize.com | 2020 | Amsterdam, Netherlands | $15.38M | – | Cloud-based procurement for office spaces is managed efficiently. | |
| esevel.com | 2020 | Singapore | $150,000 | – | Provider of a platform offering remote working setup management solutions | |
| x21remote.com | 2021 | New York, United States | – | – | Offers secure remote access tools and IT security for business networks. | |
| unidostup.com | 2022 | – | – | – | Offers on-premises remote desktop solutions for technical support and software management. | |
| floteto.com | 2021 | Melbourne, Australia | – | – | Cloud-based platform for remote equipment management. | |
| expertcity.com | 1997 | Santa Barbara, United States | – | – | Delivers a web-based platform for remote equipment management solutions. |
Detailed competitors of Velory
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Velory
The website of Velory (velory.com) receives about 10.4K visits a month.
- Monthly visits10.4K
▼ 17% vs previous month
Similar companies to Velory
10 companies that operate in the same segment as Velory (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Velory
Velory was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Velory is headquartered in Stockholm, Sweden.
Velory is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Sep 2015.
Cloud-based employee experience platform. It provides companies and their employees with software tools for onboarding offboarding, as well as for tracking company assets. It further also offers tools to automate processes for purchasing hardware and software.
Velory's top competitors include Workwize, Esevel and X21 Remote.
Velory offers IT Procurement, IT Asset Management, Employee Experience, and End of Lifecycle Management.
Velory has made 1 acquisition, including Varvet.
Velory has 3 investors. Key investors include Northzone, Salesforce Ventures, and MOOR Capital.
Velory operates through Universal Avenue Ab.