Growing Tech Focus Velory operates within the technology and internet sector, providing automated IT lifecycle management solutions which can be increasingly appealing to companies seeking digital transformation and operational efficiency.
Recent Platform Enhancements The recent updates to the platform, particularly around budget functionality, indicate a focus on financial management and cost control, presenting opportunities to cross-sell or upsell solutions targeting financial planning and IT budgeting.
Startup Potential With a relatively small team of 11-50 employees and revenue under 1 million dollars, Velory appears to be a growing company receptive to scalable solutions that support expansion and increased employee productivity.
Funding and Investment Having secured 7 million dollars in funding, Velory may be interested in strategic partnerships and technology integrations that can accelerate product development and market reach in the IT management space.
Market Positioning Compared to similar companies like Velocity and Velo, Velory's focus on circular and secure IT management offers differentiation, presenting opportunities to tailor sales pitches emphasizing security, automation, and sustainable IT practices.
Universal Avenue uses 8 technology products and services including Adobe, jsDelivr, Squarespace, and more. Explore Universal Avenue's tech stack below.
| Universal Avenue Email Formats | Percentage |
| First.Last@universalavenue.com | 75% |
| First@universalavenue.com | 19% |
| FirstLast@universalavenue.com | 4% |
| First.Middle@universalavenue.com | 2% |
| First.Last@velory.com | 44% |
| First@velory.com | 34% |
| FirstLast@velory.com | 11% |
| First.Last@velory.com | 11% |
Technology, Information and InternetStockholm, Sweden11-50 Employees
Velory enables companies to buy and manage their IT in an automated, secure and circular way. • IT Lifecycle Management: Streamlining IT workflows from purchase to end of life. • Employee Empowerment: Unleashing productivity from the first day to the last. Velory is headquartered in Stockholm, Sweden.
Company Overview
Funding & FinancialsUniversal Avenue has raised a total of $7M of funding over 5 rounds. Their latest funding round was raised on Jun 01, 2020 in the amount of $7M.
Universal Avenue's revenue is estimated to be in the range of $1M
Funding & FinancialsUniversal Avenue has raised a total of $7M of funding over 5 rounds. Their latest funding round was raised on Jun 01, 2020 in the amount of $7M.
Universal Avenue's revenue is estimated to be in the range of $1M
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