What is Velox?
Velox is an application development platform engineered to empower software development teams within the Capital Markets sector. By providing specialized tools, Velox aims to dramatically enhance developer productivity, enabling them to build differentiating business features up to ten times faster. The company, established in 2018, offers a comprehensive full-stack solution that includes tailored adaptations, a custom web stack, and a proprietary database and transactional engine, all designed for efficient problem-solving and global client service.
How much funding has Velox raised?
Velox has raised a total of $2.5M across 1 funding round:
Private Equity
$2.5M
Private Equity (2020): $2.5M with participation from ETFS Capital Limited
Key Investors in Velox
ETFS Capital Limited
ETFS Capital Limited is an investment entity that participated in Velox's funding round. Further details on their specific investment focus are not publicly available.
What's next for Velox?
With its recent capital infusion and a clear focus on enterprise-level solutions for Capital Markets, Velox is poised for significant expansion. The company's strategy likely involves scaling its operations, further developing its proprietary technology stack, and deepening its market penetration. The emphasis on unlocking developer productivity suggests a future roadmap centered on enhancing the platform's capabilities and broadening its adoption among financial institutions seeking to optimize their technology development lifecycle.
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