Velocity Express Overview
- Year Founded
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1993
- Status
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Acquired/Merged
- Employees
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2,600
- Latest Deal Type
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M&A
- Financing Rounds
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17
- Investments
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1
Velocity Express General Information
Description
Provider of service of logistics service based in Minneapolis, United States. The company's services are supported by a customer-focused technology infrastructure, providing customers with the reliability and information they need to manage their transportation and logistics systems, including a proprietary package tracking system that enables customers to view the status of any package via a flexible web reporting system.
Contact Information
Website
www.velocityexpress.comCorporate Office
- 7803 Glenroy Road
- Four Paramount Plaza, Suite 200
- Minneapolis, MN 55439
- United States
Corporate Office
- 7803 Glenroy Road
- Four Paramount Plaza, Suite 200
- Minneapolis, MN 55439
- United States
Velocity Express Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Velocity Express Comparisons
Industry
Financing
Details
Velocity Express Competitors (3)
One of Velocity Express’s 3 competitors is C.H. Robinson Worldwide, a Corporation company based in Eden Prairie, MN.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| C.H. Robinson Worldwide | Corporation | Eden Prairie, MN | ||||
| Traffic Tech | Corporation | Chicago, IL | ||||
| MAX | Venture Capital-Backed | Lagos, Nigeria |
Velocity Express Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Velocity Express Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Velocity Express Acquisitions (1)
Velocity Express’s most recent deal was a Merger/Acquisition with Cd&L for . The deal was made on 17-Aug-2006.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Cd&L | 17-Aug-2006 | Merger/Acquisition | Logistics |
Velocity Express FAQs
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When was Velocity Express founded?
Velocity Express was founded in 1993.
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Where is Velocity Express headquartered?
Velocity Express is headquartered in Minneapolis, MN.
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What is the size of Velocity Express?
Velocity Express has 2,600 total employees.
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What industry is Velocity Express in?
Velocity Express’s primary industry is Logistics.
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Is Velocity Express a private or public company?
Velocity Express is a Private company.
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What is the current valuation of Velocity Express?
The current valuation of Velocity Express is .
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What is Velocity Express’s current revenue?
The current revenue for Velocity Express is .
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How much funding has Velocity Express raised over time?
Velocity Express has raised $345M.
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Who are Velocity Express’s investors?
Bristol Investment Group, Charter Oak Equity, Crestview Capital Funds, East River Ventures, and Gryphon Management Partners are 5 of 14 investors who have invested in Velocity Express.
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Who are Velocity Express’s competitors?
C.H. Robinson Worldwide, Traffic Tech, and MAX are competitors of Velocity Express.
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When was Velocity Express acquired?
Velocity Express was acquired on 01-Feb-2013.
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Who acquired Velocity Express?
Velocity Express was acquired by TFI International.
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