Tech Company Financing Transactions

Velocity Funding Round

Velocity, based in New York, received $22.5 million from DIG Investments, Initial Capital and private investors.

Transaction Overview

Company Name
Velocity
Announced On
8/30/2016
Transaction Type
Venture Equity
Amount
$22,500,000
Round
Series B
Investors

DIG Investments (Lead Investor) (Sanjan Dhody)

Initial Capital

private investors (Lars Christensen)

private investors (Shukri Shammas)

private investors (Tom Glocer)

Proceeds Purpose
Our Series B funding is an important step forward in growing our brand, increasing our bandwidth for exciting new features and building our presence in the greatest cities around the world.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
6 St Johns Ln.
New York, NY 10013
USA
Phone
Undisclosed
Website
www.velocityapp.com
Email Address
[email protected]
Overview
Velocity empowers you to view your bill in real time, and settle it as soon as you're ready.
Profile
Velocity LinkedIn Company Profile
Social Media
Velocity Company Twitter Account
Company News
Velocity News
Facebook
Velocity on Facebook
YouTube
Velocity on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Zia Yusuf
  Zia Yusuf LinkedIn Profile  Zia Yusuf Twitter Account  Zia Yusuf News  Zia Yusuf on Facebook
Co-Founder
Alex MacDonald
  Alex MacDonald LinkedIn Profile  Alex MacDonald Twitter Account  Alex MacDonald News  Alex MacDonald on Facebook
VP - Bus. Development
Oliver Mahoney
  Oliver Mahoney LinkedIn Profile  Oliver Mahoney Twitter Account  Oliver Mahoney News  Oliver Mahoney on Facebook
VP - Sales
Jaromy Pittario
  Jaromy Pittario LinkedIn Profile  Jaromy Pittario Twitter Account  Jaromy Pittario News  Jaromy Pittario on Facebook

 

 

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Prev: 8/30/2016: Galactic Exchange venture capital transaction
Next: 8/30/2016: Vroozi venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 

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