Insights

Nearshore Efficiency Velv specializes in nearshore software development in Portugal with expansion to Brazil, presenting cost savings and faster development cycles as a core selling point for clients seeking agile delivery models in Europe and Latin America.

Industry Diversification Active involvement across gaming, retail, finance and banking indicates a broad domain exposure, suggesting cross-sell opportunities to clients in multiple verticals and a potential for tailored solutions in regulated sectors.

Strong R&D Emphasis Persistent investment in research and development signals capacity for innovative tech solutions and modern tooling, which can be leveraged to upsell advanced analytics, automation, and modern software architectures.

Tech Stack Versatility A diverse toolkit including Power BI, SAP ABAP, Red Hat Linux, and GitHub Copilot enables Velv to position itself for data-driven, enterprise-grade projects and modernization initiatives across mid-market to enterprise clients.

Growth Horizon Moderate revenue scale with international offices in Lisbon, Porto, and Rio de Janeiro suggests scalability potential in both Europe and Brazil, offering expansion-friendly opportunities for regional service packages and offshore-like pricing advantages.

Similar companies to Velv

Velv Tech Stack

Velv uses 8 technology products and services including Power BI, XML, CompTIA Network+, and more. Explore Velv's tech stack below.

  • Power BI
    Business Intelligence
  • XML
    Data Management
  • CompTIA Network+
    IT
  • Red Hat Enterprise Linux
    Operating Systems
  • UNIX Shell
    Operating Systems
  • Priority Hints
    Performance
  • SAP ABAP
    Programming Languages
  • GitHub Copilot
    Software Development

Velv's Email Address Formats

Velv uses at least 2 format(s):
Velv Email FormatsExamplePercentage
First.Last@onrising.comJohn.Doe@onrising.com
98%
First.Middle@onrising.comJohn.Michael@onrising.com
2%
First.Last@velv.ptJohn.Doe@velv.pt
81%
First.Middle@velv.ptJohn.Michael@velv.pt
13%
First@velv.ptJohn@velv.pt
6%

Frequently Asked Questions

What is Velv's official website and social media links?

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Velv's official website is velv.pt and has social profiles on LinkedIn.

How much revenue does Velv generate?

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As of July 2026, Velv's annual revenue is estimated to be $1M - $10M.

What is Velv's NAICS code?

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Velv's NAICS code is 5415 - Computer Systems Design and Related Services.

How many employees does Velv have currently?

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As of July 2026, Velv has approximately 134 employees across 3 continents, including EuropeSouth AmericaAsia. Key team members include Cfo: E. S. L.Chief Human Resources Officer: N. F.Chief Technology Officer: T. C.. Explore Velv's employee directory with LeadIQ.

What industry does Velv belong to?

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Velv operates in the IT Services and IT Consulting industry.

What technology does Velv use?

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Velv's tech stack includes Power BIXMLCompTIA Network+Red Hat Enterprise LinuxUNIX ShellPriority HintsSAP ABAPGitHub Copilot.

What is Velv's email format?

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Velv's email format typically follows the pattern of First.Last@onrising.com. Find more Velv email formats with LeadIQ.

When was Velv founded?

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Velv was founded in 2017.
Velv logo

Velv

IT Services and IT ConsultingLisbon, Portugal51-200 Employees

Velv is a mid-sized IT services and IT consulting firm focused on nearshore software development, with offices in Lisbon and Porto in Portugal and an expansion to Rio de Janeiro, Brazil. It aims to deliver high-quality nearshore software development while reducing costs and speeding up delivery, helping clients streamline their development processes. The company serves sectors including gaming, retail, finance, and banking, providing teams to work on a variety of projects. 

The organization is based in Portugal and now operates in Brazil, supported by a culture shaped by engineers that contributes practical insights to projects. It emphasizes a people-centric work model and benefits aligned with employee needs, alongside ongoing investments in research and development. This nearshore footprint reflects an approach geared toward serving multiple industries across its regional network.

Section iconCompany Overview

Website
velv.pt
NAICS Code
5415 - Computer Systems Design and Related Services
Founded
2017
Employees
51-200

Section iconFunding & Financials

  • $1M - $10M

    Velv's revenue is estimated to be in the range of $1M - $10M

Section iconFunding & Financials

  • $1M - $10M

    Velv's revenue is estimated to be in the range of $1M - $10M

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