About VelyVelo
VelyVelo is a Transportation, Automotive & Logistics company based in Paris (France) founded in 2017 by Jamil El Garti. Fleet management for electrically assisted bicycles is enabled via SaaS. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. VelyVelo has raised $10.84 million across 3 funding rounds from investors including INCEPTO medical, Beltone and David Schwarz. The company has 10 employees. VelyVelo offers products and services including Electric Bike Rental, VelyVelo DMS Platform, and Maintenance Package. Its focus areas include Consumer, Road Transport Tech, Self Drive Rentals and Tech Enablers.
Company details
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.
- Headquarters Paris, France
- Employees 10
- Founders Jamil El Garti
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Website velyvelo.com
- Social LinkedIn X Facebook Instagram
- Legal Name Velyvelo
- Total Equity Funding$10.84M (USD)
in 3 rounds
- InvestorsINCEPTO medical
& 10 more
- Employee Count10
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.
- Total Funding $10.84M
- Total Rounds 3
- First Round $4.53M
(Nov 2021)
- Investors Count 11
All 3 funding rounds of VelyVelo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
11 investors in total: 10 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated and incubated through a 3-12 month program. | via-id.com | Lille, France | ||
| tiresiasventures.com | ||||
| afrimobility.com | ||||
NCI is engaged in regional private equity investment in France. | 2000 | n-ci.com | Rouen, France | |
Disruptive financial services are provided across the MENA region. | 2002 | beltoneholding.com | Cairo, Egypt | |
| mobilitysolutions.io | ||||
Lord Invest is engaged in financial and investment services. | lord-invest.ru | |||
AI solutions for medical imaging in emergency departments are provided. | 2017 | incepto-medical.com | Paris, France | |
| cdg.ma | ||||
Investments are made in innovative ideas across multiple sectors. | mouvement-finance.com |
Investor details for VelyVelo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of VelyVelo
2 people are tracked at VelyVelo (2 in leadership); the tracked headcount is 10.
| Name | Role | Group |
|---|---|---|
Jamil El Garti | Co-Founder | Leadership |
Victor Desport | Investor | Leadership |
Complete people profiles for VelyVelo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
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Timeline of VelyVelo
3 dated milestones of VelyVelo across 7 years, from founding to its latest funding, stage changes and deals.
- Founded VelyVelo is founded.
- Funding First funding round of $4.5M.
- Funding Latest funding round, Series B,.
Web traffic of VelyVelo
The website of VelyVelo (velyvelo.com) receives about 6.8K visits a month.
- Monthly visits6.8K
▼ 10.2% vs previous month
Websites whose visitors overlap most with VelyVelo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| gaya.bike | 100% | 32.6K | #543,794 | View details | |
| ridezoomo.com | 91% | 128.2K | #291,913 | View details | |
| getwhizz.com | 91% | 206.6K | #229,187 | View details | |
blogvelyvelo.com | blogvelyvelo.com | 37% | – |
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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. The company's 1st funding round was a Series A of $4.53M, raised on Nov 2021.
VelyVelo has 10 employees.
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 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.
VelyVelo operates through Velyvelo.