Velocity Overview
- Year Founded
-
2019

- Status
-
Private
- Employees
-
41

- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$30M
- Investors
-
24
Velocity General Information
Description
Provider of banking and financial services intended to fund companies or offer credit based on their sales. The company provides a range of financial services including term loans, revenue-based financing, overdrafts, payments as well as analytics for businesses with zero equity dilution or personal guarantees, enabling clients to avail an alternative to venture capital or loan where repayments happen as a fixed percentage of future revenues.
Contact Information
Website
www.velocity.inCorporate Office
- HSR Layout (HSR6) Number 1507
- 19th Main, 11th Cross, HSR Layout, Sector 1
- Bangalore, Karnataka 560102
- India
Corporate Office
- HSR Layout (HSR6) Number 1507
- 19th Main, 11th Cross, HSR Layout, Sector 1
- Bangalore, Karnataka 560102
- India
Velocity Timeline
Velocity Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
4. Later Stage VC | 26-Aug-2024 | $30M | Completed | Generating Revenue | ||
3. Early Stage VC (Series A) | 01-Oct-2021 | Completed | Generating Revenue | |||
2. Seed Round | 24-Mar-2021 | $10.4M | $13.4M | Completed | Generating Revenue | |
1. Seed Round | $3.04M | $3.04M | Completed | Startup |
Velocity Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Ordinary Shares | ||||||||
Ordinary Shares |
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.
Velocity Signals
Velocity Investors (24)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Clearco | VC-Backed Company | Minority | ||
CRED | VC-Backed Company | Minority | ||
GetVantage | VC-Backed Company | Minority | ||
Klub | VC-Backed Company | Minority | ||
KredX | VC-Backed Company | Minority |
Velocity Investments (12)
Velocity’s most recent deal was a Early Stage VC with MBG Card for . The deal was made on 19-Dec-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
MBG Card | 19-Dec-2024 | Early Stage VC | Business/Productivity Software | ||
Beauté Secrets | 07-Oct-2024 | Later Stage VC | Specialty Retail | ||
IDC Kitchen | 15-Feb-2024 | Corporate | Restaurants and Bars | ||
Menhood | 26-Apr-2023 | Early Stage VC | Personal Products | ||
D'chica | 07-Sep-2022 | Seed Round | Clothing |
Velocity FAQs
-
When was Velocity founded?
Velocity was founded in 2019.
-
Where is Velocity headquartered?
Velocity is headquartered in Bangalore, India.
-
What is the size of Velocity?
Velocity has 41 total employees.
-
What industry is Velocity in?
Velocity’s primary industry is Specialized Finance.
-
Is Velocity a private or public company?
Velocity is a Private company.
-
What is Velocity’s current revenue?
The current revenue for Velocity is
. -
How much funding has Velocity raised over time?
Velocity has raised $63.4M.
-
Who are Velocity’s investors?
Clearco, CRED, GetVantage, Klub, and KredX are 5 of 24 investors who have invested in Velocity.
Data Transparency
-
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