Velostics Raises Additional $1.95 Million in Seed Round

by Kay Aloha Villamor in October 9th, 2023

Velostics, a Houston, Texas-based specializing in unified scheduling for shippers across the supply chain, raised $1.95 million in a seed+ funding round.

SaaS Investors

The round was led by Starboard Star with participation from Flyover Capital, Small Ventures USA, and new investor Capital Mazapil. 

Founded in 2019, Starboard Star Venture Capital is a venture capital firm based in Houston, Texas. The firm is focused on investments in early-stage technology companies. The firm prefers to invest in construction, property management, energy and other related industrial applications, and sports technology sectors.

Velostics Use of Funds

The company plans to use the funds to grow its network of shippers and their brokers, freight forwarders, and 3PL providers.

About Velostics

Velostics is a logistics Software-as-a-Service (SaaS) company specializing in unified scheduling of appointments, dock, and yard management, and digitizing the gate in/out process for shippers, brokers, freight forwarders, and end customers. The company's platform is designed to serve a wide range of parties involved in the supply chain, including carriers, brokers, freight forwarders, and 3PL providers. Their platform automates communication between carriers and shippers' warehouse and plant systems and logistics teams to schedule, check in, and load vehicles faster and error-free. Velostics solutions have a proven track record of minimizing manual tasks, errors, delays, and demurrage, and increasing operational efficiency and throughput.

Funding Details

Company: Velostics, Inc. 

Raised: $1.9M

Round: Seed Plus

Funding Month: October 2023

Lead Investors: Starboard Star

Additional Investors:

Company Website: 

Software Category: Logistics Scheduling


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