# Vela Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vela-systems

- Industry: Software
- Headquarters: Burlington, US
- Website: www.velasystems.com
- Total disclosed funding: $13M
- Latest round: Series B (Aug 19, 2010)
- Investors on record: 5

## About

Founded in 2005, Vela Systems provides construction field software that automates the execution and oversight of field activities on construction and capital projects.

## Funding rounds

- Series B, Aug 19, 2010, $6.1M — Commonwealth Capital Ventures, GrandBanks Capital, Autodesk
- Series A, Jul 11, 2007, $6M — Commonwealth Capital Ventures, GrandBanks Capital, Converge Venture Partners, Launchpad Venture Group
- Seed, May 1, 2006, $1.4M — Converge Venture Partners

## Investors

- Converge Venture Partners (https://capitalatlas.ai/funds/converge-venture-partners) — Seed, Series A
- Commonwealth Capital Ventures (https://capitalatlas.ai/funds/commonwealth-capital-ventures) — Series A, Series B
- GrandBanks Capital (https://capitalatlas.ai/funds/grandbanks-capital) — Series A, Series B
- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Series A
- Autodesk (https://capitalatlas.ai/funds/autodesk) — Series B