Velos Analysis: $6M Raised
What is Velos?
Velos provides an automation platform enabling non-technical teams to streamline repetitive back-office tasks without requiring engineering skills or extensive technical knowledge.
Employees
3
Founded
2021
Revenue
$5-6.7M
Product Features & Capabilities
- Automate back-office work, easy-to-use automation platform for non-technical teams, connect data from various sources, create custom rules and tasks, validate output and improve automation over time, integrate with existing software.
How much Velos raised
1 - $6.48M
July 10, 2018Lead Investor: Not specified
Who are the founders of Velos
OA
Oscar A. Martinez
Founder
Market Focus
Velos primarily focuses on the automation industry, specifically providing an automation platform for non-technical teams to streamline and automate repetitive back-office tasks.
Investors
- Raptor Group
- Detroit Venture Partners
- Signatures Capital
- Raptor Ventures
- 3 other institutional investors (not specified)
Competitors Overview
Velos operates in the automation platform market, primarily targeting non-technical teams for automating repetitive back-office tasks. Its main competitors include:
- Actility:
- Focus: Specializes in IoT connectivity solutions, particularly for low-power wide-area networks (LPWAN).
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