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Velocia

Velocia

Velocia is an open network for mobility using loyalty & user acquisition rewards to incentivize specific mobility choices and data sharing.

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Contents

velocia.io
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Blockchain and cryptocurrency
Blockchain and cryptocurrency
Blockchain
Blockchain
Location
Toronto
Toronto
B2X
B2B
B2B
CEO
David Winterstein
David Winterstein
AngelList URL
angel.co/velocia
Pitchbook URL
pitchbook.com/profiles...265890-70
Accelerator
Techstars
Techstars
Accelerator Batch
‌
Techstars Class 164 - Toronto 2019 Q1
Number of Employees (Ranges)
11 – 50
Email Address
info@velocia.io
Phone Number
+16472315399
Investors
Toyota Tsusho
Toyota Tsusho
WindSail Capital Group
WindSail Capital Group
Techstars Ventures
Techstars Ventures
Founded Date
2018
0
Total Funding Amount (USD)
2,500,000
Latest Funding Round Date
2022
Latest Funding Type
Private equity
Private equity
Wellfound ID
velocia

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
2,500,000

Velocia mobility-as-a-service network that allows mobility participants to reward and leverage direct connections with end uses and operators. Participants include automotive OEMs, public transit operators and planning agencies, taxi companies, mobility apps (ridesharing, vehicle-sharing, deliveries), and insurance companies.

Velocia introduces three essential innovations that leverage blockchain technology:

  1. Smart Mobility Channels (SMCs) - User-owned data leveraged across multiple mobility services. With users in control of their data, all mobility players on the network have a better, direct way to engage with users and be granted access to mobility-wide user data.
  2. Smart Mobility Bounties (SMBs) - Automated rewards that can be set by any participant on the network through an online dashboard. SMBs enable an open ecosystem by providing a tool to influence the mobility choices of both mobility users and operators.
  3. VELO token and wallet, required to reward mobility-specific actions and behaviors. They are used to create and access a shared user base, achieve VELO mobility status levels, reward collaboration across mobility apps, stake loyalty and user acquisition campaigns, and govern the ecosystem.​

The Velocia network's stated goals are to enable interoperability across all mobility verticals, drive healthier data practices, and reward better economic, societal, and environmental choices.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Velocia - Building on Aion

https://www.youtube.com/watch?v=sA7xKtSdR8k&feature=youtu.be

May 16, 2018

References

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