About Velosimo
Velosimo is a company based in Oakland (United States) founded in 2018 by Kris Trujillo.. Velosimo has raised $11 million across 1 funding round from investors including Macquarie Group and Valor Equity Partners. Velosimo offers products and services including Velosimo Connect Platform and Pre-built Connectors. Velosimo operates in a competitive market with competitors including Granicus, Sapio, Tagit, Novoville and GovDelivery, among others.
- Headquarter Oakland, United States
- Founders Kris Trujillo
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Sectors
Government & Social Sector
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Velosimo, 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
$11 M (USD)
in 1 rounds
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Latest Funding Round
$11 M (USD), Series A
Jul 21, 2022
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Investors
Macquarie Group
& 1 more
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Employee Count
Employee Count
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Products & Services of Velosimo
Velosimo offers a comprehensive portfolio of products and services, including Velosimo Connect Platform and Pre-built Connectors. 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.
No-code solution for government technology system connections.
Off-the-shelf tools for specific government system interoperability.
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Funding Insights of Velosimo
Velosimo has successfully raised a total of $11M through 1 strategic funding round. The most recent funding activity was a Series A round of $11 million completed in July 2022. 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 Series A — $11.0M
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First Round
First Round
(21 Jul 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - Velosimo | Valuation | Macquarie Group |
| 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 Velosimo
Velosimo has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Macquarie Group and Valor Equity Partners. 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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Private equity firm
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Founded Year | Domain | Location | |
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A global financial services organization with Australian heritage is operated.
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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 Velosimo
| 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 - Velosimo
| 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 |
Velosimo Comparisons
Competitors of Velosimo
Velosimo 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 Granicus, Sapio, Tagit, Novoville and GovDelivery, 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 solutions for government transparency and citizen engagement are provided.
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| domain | founded_year | HQ Location |
AI-driven software for government decision-making and citizen feedback is offered.
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| domain | founded_year | HQ Location |
Digital engagement solutions are provided for governments and banks.
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| domain | founded_year | HQ Location |
Civic engagement platform for governments and residents is facilitated.
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| domain | founded_year | HQ Location |
Cloud-based platform for government communication and citizen engagement is offered.
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| 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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Latest news on Velosimo
Frequently Asked Questions about Velosimo
When was Velosimo founded?
Velosimo was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Velosimo located?
Velosimo is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Who is the current CEO of Velosimo?
Kris Trujillo is the current CEO of Velosimo. They have also founded this company.
Is Velosimo a funded company?
Velosimo is a funded company, having raised a total of $11M across 1 funding round to date. The company's 1st funding round was a Series A of $11M, raised on Jul 21, 2022.
What does Velosimo do?
Velosimo was founded in 2018 and is headquartered in Oakland, United States. A platform combining mobile and web technologies for civic engagement is offered, targeting government operations. Core services encompass citizen relationship management, integrated payment systems, location-based mapping, and licensing functionalities. These tools support administrative processes in the public sector across the region.
Who are the top competitors of Velosimo?
What products or services does Velosimo offer?
Velosimo offers Velosimo Connect Platform and Pre-built Connectors.
Who are Velosimo's investors?
Velosimo has 2 investors. Key investors include Macquarie Group, and Valor Equity Partners.
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