Velocity Black Overview
- Year Founded
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2014

- Status
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Acquired/Merged
- Employees
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113

- Latest Deal Type
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M&A
- Latest Deal Amount
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$374M
Velocity Black General Information
Description
Operator of a global digital concierge and multi-vertical luxury conversational commerce platform intended to empower people to live their most meaningful lives. The company's platform provides recommendations, travel, dining, and concert bookings, trips to fly fighter jets, and luxury swimming facilities, enabling high-performance people to unlock the vast potential of their lives in the digital age
Contact Information
Website
www.velocity.black(Operating Subsidiary)
Corporate Office
- 20 Grosvenor Place
- London SW1X 7HN
- England, United Kingdom
Corporate Office
- 20 Grosvenor Place
- London SW1X 7HN
- England, United Kingdom
Velocity Black Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 31-May-2023 | $374M | Completed | Profitable | ||
8. Later Stage VC | 01-Feb-2022 | Completed | Profitable | |||
7. Debt - General | 01-Oct-2021 | Completed | Generating Revenue | |||
6. Early Stage VC | Completed | Generating Revenue | ||||
5. Early Stage VC (Series B) | 29-Aug-2016 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A) | 23-Sep-2015 | Completed | Generating Revenue | |||
3. Seed Round | 31-Dec-2014 | Completed | Startup | |||
2. Seed Round | 01-Apr-2014 | $250K | $1.25M | Completed | Startup | |
1. Capitalization | 01-Jan-2014 | $1M | $1M | Completed | Startup |
Velocity Black Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Ordinary | ||||||||
Series B | ||||||||
Ordinary | ||||||||
Preferred Shares | ||||||||
Ordinary | ||||||||
Ordinary | 5,034,964 | $0.000009 | $1.96 | $1.96 | 1x | $1.96 | 14.28% | |
Ordinary | 1,995,000 | $0.000009 | $0.39 | $0.39 | 1x | $0.39 | 5.66% |
Velocity Black Comparisons
Industry
Financing
Details
Velocity Black Competitors (2)
One of Velocity Black’s 2 competitors is Navan, a Venture Capital-Backed company based in Palo Alto, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Navan | Venture Capital-Backed | Palo Alto, CA | ||||
Quintessentially | Venture Capital-Backed | London, United Kingdom |
Velocity Black Signals
Velocity Black Former Investors (23)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Alexander Macdonald | Angel (individual) | Minority | ||
Almington Capital | Merchant Banking Firm | Minority | ||
AyBe | PE/Buyout | Minority | ||
Barry Sternlicht | Angel (individual) | Minority | ||
BlackPine Group | Venture Capital | Minority |
Velocity Black Acquisitions (3)
Velocity Black’s most recent deal was a Merger/Acquisition with Leanmobile. The deal was made on 19-Nov-2015.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Leanmobile | 19-Nov-2015 | Merger/Acquisition | Application Software | ||
Tab Payments | 15-Oct-2015 | Merger/Acquisition | Financial Software | ||
Cover ( Application Software) | 22-Sep-2015 | Merger/Acquisition | Application Software |
Velocity Black FAQs
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When was Velocity Black founded?
Velocity Black was founded in 2014.
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Where is Velocity Black headquartered?
Velocity Black is headquartered in London, United Kingdom.
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What is the size of Velocity Black?
Velocity Black has 113 total employees.
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What industry is Velocity Black in?
Velocity Black’s primary industry is Information Services (B2C).
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Is Velocity Black a private or public company?
Velocity Black is a Private company.
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What is the current valuation of Velocity Black?
The current valuation of Velocity Black is
. -
What is Velocity Black’s current revenue?
The current revenue for Velocity Black is
. -
How much funding has Velocity Black raised over time?
Velocity Black has raised $55.3M.
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Who are Velocity Black’s investors?
Alexander Macdonald, Almington Capital, AyBe, Barry Sternlicht, and BlackPine Group are 5 of 23 investors who have invested in Velocity Black.
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Who are Velocity Black’s competitors?
Navan and Quintessentially are competitors of Velocity Black.
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When was Velocity Black acquired?
Velocity Black was acquired on 31-May-2023.
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Who acquired Velocity Black?
Velocity Black was acquired by Capital One Financial.
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