When was True Velocity founded?

True Velocity was founded in 2010 and raised its 1st funding round 4 years after it was founded.

Where is True Velocity located?

True Velocity is headquartered in Garland, United States.

Who is the current CEO of True Velocity?

Kevin Boscamp of True Velocity. They have also founded 1 company.

How many employees does True Velocity have?

As of Dec 31, 2022, the latest employee count at True Velocity is 101.

Is True Velocity a funded company?

True Velocity is a funded company, having raised a total of $4.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 18, 2014.

When was the latest funding round of True Velocity?

True Velocity's latest funding was a $***** Conventional Debt round on Oct 22, 2021, with participation from 1 investor. Its primary sector is Defense Contractors. In United States, the Defense Contractors sector has seen $113M in funding in 2026 to date.

Where does True Velocity rank among its competitors?

True Velocity ranks 23rd amongst 661 active competitors, of which 9 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was FN Herstal, which secured $44.7K in Dec, 2023.

Who are the top competitors of True Velocity?

True Velocity's top competitors include Solar Group, Hughes Precision M and Taurus. Among them, FN Herstal secured the most recent funding round in December, 2023.

True Velocity - 2026 Company Profile, Team, Funding & Competitors

True Velocity is a series A company based in Garland (United States), founded in 2010. It operates as a Manufacturer and supplier of ammunition products. True Velocity has raised $4.5M in funding. The company has 661 active competitors, including 9 funded and 36 that have exited. Its top competitors include companies like Solar Group, Hughes Precision M and Taurus.

Company Details

Website: www.tvammo.com
Social
Email ID: *****@tvammo.com
Phone Number: +1 **********

Key Metrics

Founded Year

2010

Location

Garland, United States

Stage

Series A

Total Funding

$4.5M in 3 rounds

Latest Funding Round

Conventional Debt, Oct 22, 2021, $*****

Investors

Fuel Venture Studio & 1 more

Ranked

23^rd among 661 active competitors

Employee Count

101 as on Dec 31, 2022

Investment & Acquisitions

Delta P Design & 1 more

Similar Companies

Solar Group & 710 more

View True Velocity's full profile

True Velocity is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TRUE VELOCITY AMMUNITION LLC CIN: 811786422 , United States, Active	Dec 31, 1999	-	108 (As on Dec 31, 2024)	-

True Velocity has raised a total funding of $4.5M over 3 rounds. Its first funding round was on Dec 18, 2014. Its latest funding round was a Conventional Debt round on Oct 22, 2021 for $*****. 1 investor participated in its latest round. True Velocity has 2 institutional investors.

Here is the list of recent funding rounds of True Velocity:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 22, 2021	3214000	Conventional Debt	3042486	9665445	6730405	8650284
Nov 11, 2015	1280932	Series A	9761602	7508529	5335666	6310022
Dec 18, 2014	9964793	Series A	8197296	4335671	9367913	5329231

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View details of True Velocity's funding rounds and investors

True Velocity's employee count trend

True Velocity has 101 employees as of Dec 22. Here is True Velocity's employee count trend over the years:

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Top competitors of True Velocity include Solar Group, Hughes Precision M and Taurus. Here is the list of Top 10 competitors of True Velocity, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Solar Group 1995, Nagpur (India), Public	Manufacturer of defense and industrial explosives	-	Oman India Joint Investment Fund	56/100
2nd	Hughes Precision M 2016, India, Series B	Manufacturer of small arms ammunition for military and civilian use	$21.9M	Bengal Finance and Investment, Lucky Investment Managers ... & 8 others	53/100
3rd	Taurus 1982, Decatur (United States), Unfunded	Manufacturer of fire arms	-	-	46/100
4th	Nammo 1998, Norway, Funding Raised	Manufacturer of ammunition, rocket motors, shoulder-fired systems, and composite solutions	-	Europa, Military Health	46/100
5th	Heckler & Koch 1949, Oberndorf (Germany), Public	Manufacturer of small arms	-	-	45/100
6th	Henry 1996, Rice Lake (United States), Unfunded	Provider of shotguns products	-	-	45/100
7th	FN Herstal 1889, Herstal (Belgium), Funding Raised	Provider of arms and ammunition products	-	Europa	43/100
8th	Kalashnikov 1807, Moscow (Russia), Acquired	Manufacturer of arms and ammunition products	-	-	41/100
9th	Astor Group 2006, Kista (Sweden), Public	Provider of radar jamming, composite materials, laser cutting, and etching technologies	-	-	41/100
10th	Star Aerospace 2015, Dehradun (India), Unfunded	Manufacturer of weapon modification and safety solutions for military applications	-	-	41/100
23rd	True Velocity 2010, Garland (United States), Series A	Manufacturer and supplier of ammunition products	$4.5M	Fuel Venture Studio, Auctus Capital Partners	35/100