About Velrada
Velrada is a company based in Perth (Australia) founded in 2009 was acquired by ASG Group in March 2022.. Velrada offers products and services including PowerWorker, PowerRoster, and PowerWorker for Assets. Velrada operates in a competitive market with competitors including BigChange, WorkWave, Yoobic, Workiz and Dispatch, among others.
- Headquarter Perth, Australia
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of Velrada
Velrada offers a comprehensive portfolio of products and services, including PowerWorker, PowerRoster, and PowerWorker for Assets. 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.
Manages assets and workforce for business efficiency
Handles employee rostering and resource allocation
Optimizes asset tracking and maintenance processes
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Funding Insights of Velrada
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Velrada
Velrada has secured backing from 1 investor. Prominent investors backing the company include ASG Group. 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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Natural gas distribution and LNG transportation services are provided.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Velrada
| 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 - Velrada
| 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 |
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Velrada Comparisons
Competitors of Velrada
Velrada 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 BigChange, WorkWave, Yoobic, Workiz and Dispatch, 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 |
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| domain | founded_year | HQ Location |
Cloud-based field workforce management software is provided.
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Cloud Based software solutions for Field Service and Fleet Management for Pest Control, Cleaning, Lawn and HVAC
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Frontline employee experience platform for managing operational tasks
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| domain | founded_year | HQ Location |
Software for field services management and scheduling is provided.
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Field service management software and APIs are offered for businesses.
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Provider of a field service and warehouse management solution
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Velrada
Frequently Asked Questions about Velrada
When was Velrada founded?
Velrada was founded in 2009.
Where is Velrada located?
Velrada is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
What does Velrada do?
Velrada is a cloud-based intelligent field service management software for various industries. It caters to industries such as healthcare, government, energy, utilities, financial services, and retail. Its product offerings include V: Locity is a mobile field delivery software and V: Forms is a paperless compliance platform for risk assessment and running a pre-start checklist of field teams. Its features include job tracking, stock level management, predictive maintenance, drag-and-drop interface, workplace inspections, incident reporting, case management, and safety audits. Santos, Sodexo, BHP, SilverChain, Woodside, and BeyondBank are part of its clientele.
Who are the top competitors of Velrada?
What products or services does Velrada offer?
Velrada offers PowerWorker, PowerRoster, and PowerWorker for Assets.
Who are Velrada's investors?
Velrada has 1 investor. Key investors include ASG Group.