# Velostics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/velostics

- Industry: Software
- Headquarters: Houston, US
- Website: www.velostics.com
- Total disclosed funding: $4.3M
- Latest round: Seed (Jul 11, 2023)
- Investors on record: 7

## About

Based in Texas, US, and founded in 2019 by CEO Gaurav Khandelwal, operates as a logistics platform based on Software-as-a-Service (SaaS) technology that automates command between carriers and facilities systems. In July 2023, the company raised USD 1.8 million in seed funding led by Starboard Star Venture Capital with participation from Flyover Capital, Small Ventures, Capital Mazapil and an unidentified investor. The company offers platforms such as dock/yard scheduling, appointment preferences, text-based check-in/out, integration artificial intelligence (AI), truck dispatch, and business intelligence. The platform supports book slots through it for clients, instead of mailing spreadsheets and calls. It makes simple communications between customers, suppliers, and carriers with the system by artificial integration. The firm helps clients to check and identified problems with truck insurance, product availability, and allocation to solve problems before the truck arrives. Velostics offers insights and performance reports for vendors and customers.

The company will use the July 2023 funding to integrate a scheduling platform for supply chain contributors and grow its network of shippers and their brokers, freight forwarders and 3PL providers.

## Funding rounds

- Seed, Jul 11, 2023, $1.8M — Small Ventures, Flyover Capital, Starboard Star Venture Capital, Capital Mazapil
- Seed, Dec 8, 2021, $2.5M — Small Ventures, Cultivation Capital, Alumni Ventures Group, Flyover Capital, BioUrja Group, Starboard Star Venture Capital

## Investors

- Small Ventures (https://capitalatlas.ai/funds/small-ventures) — Seed
- Cultivation Capital (https://capitalatlas.ai/funds/cultivation-capital) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Flyover Capital (https://capitalatlas.ai/funds/flyover-capital) — Seed
- BioUrja Group — Seed
- Starboard Star Venture Capital (https://capitalatlas.ai/funds/starboard-star-venture-capital) — Seed
- Capital Mazapil — Seed