About Veo
Veo is a company based in Manchester (United Kingdom) founded in 2019 by Joe Darwen. It operates as a Two-Sided Marketplace, and Direct-to-Consumer (D2C). Veo has raised $415.33 thousand across 2 funding rounds from investors including Gov.uk and NorthInvest. The company has 4 employees as of December 31, 2021. Veo offers products and services including Sustainable Fashion, Cruelty-Free Beauty, Vegan Food & Drink, and Eco Homeware. Veo operates in a competitive market with competitors including Healf, Canopey, Rural Handmade, SoJustShop and BigGreenSmile, among others.
- Headquarter Manchester, United Kingdom
- Employees 4 as on 31 Dec, 2021
- Founders Joe Darwen
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Sectors
Retail
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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 Veopolis Limited
- Date of Incorporation 23 Sep, 2016
- Jurisdiction MANCHESTER, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$415.33 K (USD)
in 2 rounds
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Latest Funding Round
$415.33 K (USD), Seed
Feb 15, 2021
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Investors
Gov.uk
& 1 more
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Employee Count
4
as on Dec 31, 2021
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Products & Services of Veo
Veo offers a comprehensive portfolio of products and services, including Sustainable Fashion, Cruelty-Free Beauty, Vegan Food & Drink, and Eco Homeware. 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.
Sustainable fashion items are offered for ethical consumers.
Cruelty-free beauty products are provided for conscious buyers.
Plant-based food and drinks are sold for vegans.
Eco-friendly homeware products are available for sustainable living.
Funding Insights of Veo
Veo has successfully raised a total of $415.33K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $415.33 thousand completed in February 2021. 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 2
- Last Round Seed — $415,329
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Grant - Veo | Valuation |
investors |
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| Feb, 2021 | Amount | Seed - Veo | Valuation |
investors |
| 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 Veo
Veo has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Gov.uk and NorthInvest. 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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Tech startups in Northern England are connected with investors.
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Online government services and information are provided to users.
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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 Veo
| 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 - Veo
| 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 |
Veo Comparisons
Competitors of Veo
Veo 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 Healf, Canopey, Rural Handmade, SoJustShop and BigGreenSmile, 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 |
Eco-friendly multi-category products are retailed online by Healf.
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| domain | founded_year | HQ Location |
Eco-friendly multi-category consumer products are retailed online.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering multi-category handmade, eco-friendly products.
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| domain | founded_year | HQ Location |
Women-led artisan products are sold through an international online marketplace.
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| domain | founded_year | HQ Location |
Online retailer offering eco-friendly multi-category products
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Veo
Frequently Asked Questions about Veo
When was Veo founded?
Veo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Veo located?
Veo is headquartered in Manchester, United Kingdom. It is registered at Manchester, Greater Manchester, United Kingdom.
Who is the current CEO of Veo?
Joe Darwen is the current CEO of Veo. They have also founded this company.
Is Veo a funded company?
Veo is a funded company, having raised a total of $415.33K across 2 funding rounds to date.
How many employees does Veo have?
As of Dec 31, 2021, the latest employee count at Veo is 4.
What does Veo do?
Veo is established as a prominent online platform for sustainable lifestyle products, curating over 350 independent ethical brands. A wide range of categories including fashion, beauty, wellness, and homeware is covered. Products are thoroughly assessed for sustainability, health, and kindness to humans and animals. The platform serves conscious consumers seeking eco-friendly and vegan options across various sectors. Free shipping and returns are provided for UK orders over 95, ensuring customer confidence. Veo is certified as a B Corp and recognized by Ethical Consumer as a top ethical shopping destination.
Who are the top competitors of Veo?
Veo's top competitors include Healf, SoJustShop and BigGreenSmile.
What products or services does Veo offer?
Veo offers Sustainable Fashion, Cruelty-Free Beauty, Vegan Food & Drink, and Eco Homeware.
Who are Veo's investors?
Veo has 2 investors. Key investors include Gov.uk, and NorthInvest.