Velocity Black Overview
- Year Founded
-
2014

- Status
-
Acquired/Merged
- Employees
-
113

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$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
Ownership Status
Acquired/Merged
(Operating Subsidiary)
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Information Services (B2C)
Other Industries
Leisure Facilities
Other Services (B2C Non-Financial)
Application Software
Parent Company
Primary Office
- 20 Grosvenor Place
- London SW1X 7HN
- England, United Kingdom
+44 020 0000 0000
Velocity Black Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 31-May-2023 | $374M | 000.00 | 00000 | Completed | Profitable |
8. Later Stage VC | 01-Feb-2022 | 000.00 | Completed | Profitable | ||
7. Debt - General | 01-Oct-2021 | 0000 | 000.00 | Completed | Generating Revenue | |
6. Early Stage VC | 000.00 | Completed | Generating Revenue | |||
5. Early Stage VC (Series B) | 29-Aug-2016 | 000.00 | 000.00 | 0000 | Completed | Generating Revenue |
4. Early Stage VC (Series A) | 23-Sep-2015 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
3. Seed Round | 31-Dec-2014 | 00.000 | 00.000 | 00.000 | 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 | 000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
Ordinary | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Ordinary | 00,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Ordinary | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Ordinary | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
Preferred Shares | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Ordinary | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.00 | |
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
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Operator of a global digital concierge and multi-vertical luxury conversational commerce platform intended to empower pe
Information Services (B2C)
London, United Kingdom
113
As of 2023
000.00
0000
0000-00-00
000000&0
000.00
Velocity Black Competitors (2)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Navan | Venture Capital-Backed | Palo Alto, CA | 0000 | 00.000 | 000000000 | 00.000 |
0000000000000000 | Venture Capital-Backed | London, United Kingdom | 000 | 000000000000 |
Velocity Black Executive Team (13)
Name | Title | Board Seat | Contact Info |
---|---|---|---|
Zia Yusuf | Co-Founder & Chief Executive Officer | ||
Alexander Macdonald | Co-Founder | ||
Jamie Bajwa | Head of Finance |
Velocity Black Signals
Velocity Black Former Investors (23)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Alexander Macdonald | Angel (individual) | Minority | 000 0000 | 000000 0 | |
Almington Capital | Merchant Banking Firm | Minority | 000 0000 | 000000 0 | |
Barry Sternlicht | Angel (individual) | Minority | 000 0000 | 000000 0 | |
BlackPine Group | Venture Capital | Minority | 000 0000 | 000000 0 | |
Chrystal Capital | PE/Buyout | Minority | 000 0000 | 000000 0 |
Velocity Black Acquisitions (3)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Leanmobile | 19-Nov-2015 | 0000000000 | Application Software | 000000000 | |
Tab Payments | 15-Oct-2015 | 0000000000 | Financial Software | 000 00000 | |
Cover ( Application Software) | 22-Sep-2015 | Merger/Acquisition | Application Software | 000000000 |