Tech Company Financing Transactions
Velosimo Funding Round
Velosimo, operating out of Salt Lake City, scored $11 million from Macquarie and Valor Equity Partners.
Transaction Overview
Company Name
Announced On
7/22/2022
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Macquarie (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate sales and expand its integration platform.
Company Information
Company Status
Private & Independent
Industry
GovTech
Mailing Address
Undisclosed
Salt Lake City, UT 84096
USA
Salt Lake City, UT 84096
USA
Phone
Website
Email Address
Overview
At Velosimo, we believe our online experiences with government agencies should be as easy as with retail providers. And this investment helps us on our journey to transform our virtual engagements with government. Our next generation of government technology integration enables government to meet citizens' expectations of modern and uninterrupted online experiences.
Management Team
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We do our best to record every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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