Velox Insurance

Atlanta, United States Founded: 2003 • Age: 23 yrs Acquired By Confie
App-based insurance comparison platform
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About Velox Insurance

Velox Insurance was founded in 2003 in Atlanta, United States, and operates as an app-based platform in the insurance sector. Quotes from multiple providers are obtained by users for cars, bikes, homes, and other assets through vehicle and property details entered on the platform. Claims are submitted and policy changes are managed via the app, incorporating pictures, signatures, and GPS data. The application is accessible on iOS and Android devices.

  • Headquarter Atlanta, United States
  • Sectors
    Transportation, Automotive & Logistics
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Confie

    (Dec 14, 2021)

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Funding Insights of Velox Insurance

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 Velox Insurance

Velox Insurance has secured backing from 1 investor. Prominent investors backing the company include Confie. 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
Investor Description Founded Year Domain Location
Personal lines insurance is distributed for standard and non-standard markets.
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 Velox Insurance

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

Financial Statements - Velox Insurance

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

Velox Insurance Comparisons

Employees
+
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Competitors of Velox Insurance

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 Velox Insurance

Frequently Asked Questions about Velox Insurance

When was Velox Insurance founded?

Velox Insurance was founded in 2003.

Where is Velox Insurance located?

Velox Insurance is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

What does Velox Insurance do?

Velox Insurance was founded in 2003 in Atlanta, United States, and operates as an app-based platform in the insurance sector. Quotes from multiple providers are obtained by users for cars, bikes, homes, and other assets through vehicle and property details entered on the platform. Claims are submitted and policy changes are managed via the app, incorporating pictures, signatures, and GPS data. The application is accessible on iOS and Android devices.

Who are Velox Insurance's investors?

Velox Insurance has 1 investor. Key investors include Confie.

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