Velo Payments Overview
- Year Founded
-
2017
- Status
-
Private
- Employees
-
140
- Latest Deal Type
-
Series A1
- Investors
-
5
Velo Payments General Information
Description
Developer of an online payment software designed to offer transparency, security, and control for mobile payments. The company's software can be integrated into legacy infrastructure where it reimagines how enterprise resource planning (ERP), bank, and new payment types can leverage reliable and rich data, enabling businesses to get a financial platform and optimize their payments.
Contact Information
Website
www.velopayments.comCorporate Office
- 1001 Bridgeway
- Suite 502
- Sausalito, CA 94965
- United States
Corporate Office
- 1001 Bridgeway
- Suite 502
- Sausalito, CA 94965
- United States
Velo Payments Timeline
Velo Payments Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series A1) | 24-Dec-2024 | Completed | Generating Revenue | |||
| 5. Later Stage VC | 23-Oct-2023 | Completed | Generating Revenue | |||
| 4. Debt - PPP | 29-Apr-2020 | Completed | Generating Revenue | |||
| 3. Debt - General | 01-Jun-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 19-Feb-2019 | $11.9M | $25.2M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 16-May-2017 | $13.3M | $13.3M | Completed | Startup |
Velo Payments Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Velo Payments Comparisons
Industry
Financing
Details
Velo Payments Competitors (92)
One of Velo Payments’s 92 competitors is Dwolla, a Private Equity-Backed company based in Des Moines, IA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Dwolla | Private Equity-Backed | Des Moines, IA | ||||
| Stripe | Venture Capital-Backed | South San Francisco, CA | ||||
| Wibmo | Formerly VC-backed | Cupertino, CA | ||||
| 2Checkout | Private Equity-Backed | Alpharetta, GA | ||||
| Flywire | Venture Capital-Backed | Boston, MA |
Velo Payments Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Velo Payments Patents
Velo Payments Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-3122451-A1 | Blockchain with non-turing complete system guards | Pending | 09-Nov-2018 | ||
| EP-3878135-A1 | Blockchain with non-turing complete system guards | Inactive | 09-Nov-2018 | ||
| US-20220006640-A1 | Blockchain with non-turing complete system guards | Inactive | 09-Nov-2018 | ||
| WO-2020095110-A1 | Blockchain with non-turing complete system guards | Inactive | 09-Nov-2018 | ||
| EP-3707858-A1 | Blockchain system | Inactive | 06-Nov-2017 | G06Q20/3827 |
Velo Payments Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Velo Payments Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Western Technology Investment | Venture Capital | Minority | ||
| Empros Capital | Venture Capital | Minority | ||
| NextStage Group | Holding Company | Minority | ||
| Redwire (Tallahassee) | Corporation | Minority | ||
| SVC Angel Fund | Venture Capital | Minority |
Velo Payments FAQs
-
When was Velo Payments founded?
Velo Payments was founded in 2017.
-
Where is Velo Payments headquartered?
Velo Payments is headquartered in Sausalito, CA.
-
What is the size of Velo Payments?
Velo Payments has 140 total employees.
-
What industry is Velo Payments in?
Velo Payments’s primary industry is Other Financial Services.
-
Is Velo Payments a private or public company?
Velo Payments is a Private company.
-
What is Velo Payments’s current revenue?
The current revenue for Velo Payments is .
-
How much funding has Velo Payments raised over time?
Velo Payments has raised $67.7M.
-
Who are Velo Payments’s investors?
Western Technology Investment, Empros Capital, NextStage Group, Redwire (Tallahassee), and SVC Angel Fund have invested in Velo Payments.
-
Who are Velo Payments’s competitors?
Dwolla, Stripe, Wibmo, 2Checkout, and Flywire are some of the 92 competitors of Velo Payments.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
