About VelyVelo
VelyVelo is a company based in Paris (France) founded in 2017 by Jamil El Garti. VelyVelo has raised $10.84 million across 3 funding rounds from investors including INCEPTO medical, Beltone and David Schwarz. The company has 10 employees as of December 31, 2022. VelyVelo offers products and services including Electric Bike Rental, VelyVelo DMS Platform, and Maintenance Package. VelyVelo operates in a competitive market with competitors including Eatron, Ion Energy Labs, Electra Vehicles, Williams Advanced Engineering and Breathe Battery Technologies, among others.
- Headquarter Paris, France
- Employees 10 as on 31 Dec, 2022
- Founders Jamil El Garti
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Velyvelo
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$10.84 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
INCEPTO medical
& 10 more
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Employee Count
10
as on Dec 31, 2022
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Products & Services of VelyVelo
VelyVelo offers a comprehensive portfolio of products and services, including Electric Bike Rental, VelyVelo DMS Platform, and Maintenance Package.
Offers customizable electric bikes for professional delivery and transport needs.
Digital tool for monitoring bike maintenance and location in real-time.
Provides monthly interventions and repairs for rented electric bikes.
Funding Insights of VelyVelo
VelyVelo has successfully raised a total of $10.84M across 3 strategic funding rounds. 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.
Investors in VelyVelo
VelyVelo has secured backing from 11 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include INCEPTO medical, Beltone and David Schwarz.
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Investor details for VelyVelo
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Investments & Acquisitions by VelyVelo
Investment portfolio details for VelyVelo
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Financial Statements - VelyVelo
Detailed financials for VelyVelo
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Velyvelo Comparisons
Peer comparison for VelyVelo
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Competitors of VelyVelo
VelyVelo 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 Eatron, Ion Energy Labs, Electra Vehicles, Williams Advanced Engineering and Breathe Battery Technologies, among others.
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AI-enabled battery management and motion control systems are developed.
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Battery intelligence platform for utility-scale energy storage systems is developed.
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Battery management systems for electric vehicles are developed and provided.
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Battery management systems for electric vehicles are provided.
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Physics-based battery management software is developed for batteries.
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Battery management systems are developed for modular lithium battery packs.
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Detailed competitors of VelyVelo
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Latest news on Velyvelo
Complete news archive for VelyVelo
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Frequently Asked Questions about VelyVelo
VelyVelo was founded in 2017 and raised its 1st funding round 4 years after it was founded.
VelyVelo is headquartered in Paris, France.
VelyVelo is a funded company, having raised a total of $10.84M across 3 funding rounds to date.
As of Dec 31, 2022, the latest employee count at VelyVelo is 10.
VelyVelo was established in 2017 in Paris, France, focusing on the mobility sector. A SaaS platform is utilized to manage fleets of electrically assisted bicycles, with operations centered on urban rental services. Long-term rentals, theft insurance coverage, and maintenance tracking are handled through the system, supporting businesses in efficient e-bike deployment across European markets.
VelyVelo's top competitors include Eatron, Breathe Battery Technologies and Brill Power.
VelyVelo offers Electric Bike Rental, VelyVelo DMS Platform, and Maintenance Package.
VelyVelo has 11 investors. Key investors include INCEPTO medical, Beltone, David Schwarz, Via ID, and Mobility Solutions.