Velocity
Financials
Estimates*
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | <1m | 3.2m | 9.4m | 8.6m | 7.8m | 12.4m | 1.4m |
| % growth | (432 %) | 850 % | 197 % | (8 %) | (10 %) | 58 % | (88 %) |
| EBITDA | (7.2m) | (11.2m) | (5.0m) | (2.2m) | (1.6m) | (3.2m) | - |
| % EBITDA margin | (2153 %) | (354 %) | (53 %) | (26 %) | (20 %) | (26 %) | - |
| Profit | (8.1m) | (12.3m) | (6.3m) | (3.8m) | (3.2m) | (3.9m) | - |
| % profit margin | (2434 %) | (390 %) | (67 %) | (44 %) | (41 %) | (32 %) | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
€350k | Seed | ||
$1.0m | Seed | ||
* | $12.0m | Series A | |
$4.0m | Series A | ||
* | €20.5m | Series B | |
| Total Funding | CAD54.5m | ||
Related Content
Recent News about Velocity
EditVelocity is a luxury lifestyle management platform that leverages cutting-edge technology and human expertise to enhance the experiences of high-performance individuals. Founded in 2014, the company operates in the premium hospitality and lifestyle sector, serving affluent clients who seek to optimize their time and enjoy exclusive experiences. Velocity's business model revolves around a subscription-based service where members pay for access to a suite of personalized services, including dining reservations, travel planning, and event access. The company generates revenue through membership fees and commissions from partner services. Backed by $28 million in venture capital, Velocity has rapidly expanded its footprint, delivering services to members in over 60 countries. The platform integrates advanced technologies such as blockchain and cybersecurity measures to ensure secure and seamless transactions for its users.
Keywords: luxury, lifestyle management, high-performance, technology, premium hospitality, affluent clients, subscription-based, personalized services, venture capital, global reach.
