Fundz

Velocia Secures $2.5 Million From Windsail Capital To Accelerate Growth Of Its Mobility Rewards Platform

PRIVATEAug 02, 2022

Amount Raised

$2.5 Million

Round Type

Seed

TorontoTransportationSaaS

Description

Velocia, a Toronto-based software-as-a-service (SaaS) provider for a mobility rewards platform, has raised $2.5 million in growth capital from WindSail Capital Group, a Boston-based investment firm focused on energy innovation and sustainability.

Quick answer

Velocia raised $2.5 Million in a Seed round, dated August 2, 2022. Velocia is based in Toronto, Ontario, Canada.

How much did Velocia raise?
Velocia raised $2.5 Million in a Seed round on August 2, 2022.
What does Velocia do?
Velocia is a SaaS mobility rewards platform designed to incentivize and reward people for their daily commutes.
Where is Velocia based and how big is it?
Velocia is based in Toronto, Ontario, Canada.

Source: Fundz verified event record.

Who else raised in Transportation and SaaS around the same time

Companies in the same sectors as Velocia that raised within 45 days of this round, from Fundz verified event records.

  • Ratio raised $411M (Funding Round) on September 15, 2022.
  • Seasats raised $6.5M on September 15, 2022.
  • Chameleon raised $13M (Series A) on September 14, 2022.
  • Benivo raised $12M (Funding Round) on September 14, 2022.
  • Quantron AG raised an undisclosed amount (Funding Round) on September 14, 2022.
  • xtype raised $5.8M (Seed) on September 14, 2022.

Who to call at Velocia, and when

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Company Information

Company

Velocia

Location

Toronto, Ontario, Canada

About

Velocia is a SaaS mobility rewards platform designed to incentivize and reward people for their daily commutes. Velocia uses rewards to encourage people to get out of single-occupant vehicles and into any other form of transit – both public and MaaS – with a mission to improve the way people get around in their cities. Velocia has experience working with public transit agencies, MaaS operators and municipalities.

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Velocia raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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