When was Velocity founded?

Velocity was founded in 2025 and raised its 1st funding round within a year of its incorporation.

Where is Velocity located?

Velocity is headquartered in London, United Kingdom.

Who is the current CEO of Velocity?

Eric Queathem of Velocity. They have also founded 1 company.

How many employees does Velocity have?

As of Jan 31, 2026, the latest employee count at Velocity is 30.

Is Velocity a funded company?

Velocity is a funded company, having raised a total of $58M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 28, 2025.

When was the latest funding round of Velocity?

Velocity's latest funding was a $***** Series A round on Sep 15, 2026, with participation from 6 investors.

Where does Velocity rank among its competitors?

Velocity ranks 30th amongst 518 active competitors, of which 58 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was NG.CASH, which secured $15M in Sep, 2026.

Who are the top competitors of Velocity?

Velocity's top competitors include Ramp, NG.CASH and Payhawk. Among them, NG.CASH secured the most recent funding round in September, 2026.

Velocity - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of enterprise software for digital asset payments and treasury. This platform integrates fiat and stablecoin transactions into existing financial systems to facilitate real-time settlement and liquidity management. It provides tools for programmatic capital allocation, automated payment workflows, and cross-border fund transfers. The infrastructure connects banking networks with digital asset protocols to enable programmable financial operations for corporate finance teams.

Key Metrics

Founded Year

2025

Location

London, United Kingdom

Stage

Series A

Total Funding

$58M in 3 rounds

Latest Funding Round

Series A, Sep 15, 2026, $*****

Investors

FirstMark & 17 more

Ranked

30^th among 518 active competitors

Employee Count

30 as on Jan 31, 2026

Similar Companies

Ramp & 570 more

View Velocity's full profile

Velocity is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VELOCITY TECHNOLOGY HOLDINGS LIMITED CIN: 16204089 , United Kingdom, Active	Jan 23, 2025	-	-

Velocity has raised a total funding of $58M over 3 rounds. Its first funding round was on May 28, 2025. Its latest funding round was a Series A round on Sep 15, 2026 for $*****. 6 investors participated in its latest round. Velocity has 18 institutional investors.

Here is the list of recent funding rounds of Velocity:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 15, 2026	5943248	Series A	4073990	9247937	7191963	6693393
Jul 14, 2026	5303024	Series A	5463735	3858268	2691749	Coinbase & 5 more
May 28, 2025	8014098	Seed	4659408	4112984	Activant Capital	Fuel Ventures & 4 more

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View details of Velocity's funding rounds and investors

The founders of Velocity are Tom Greenwood and Eric Queathem. Eric Queathem is the CEO of Velocity.

Here are the details of Velocity's key team members:

Tom Greenwood: Former Co-Founder of Velocity.
Contact Info: 1 email address
Eric Queathem: Co-Founder & CEO of Velocity.

View details of Velocity's Founder profiles and Board Members

Velocity's employee count trend

Velocity has 30 employees as of Jan 26. Here is Velocity's employee count trend over the years:

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Top competitors of Velocity include Ramp, NG.CASH and Payhawk. Here is the list of Top 10 competitors of Velocity, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 73 others	84/100
2nd	NG.CASH 2021, Rio de Janeiro (Brazil), Series B	Provider of digital accounts, prepaid cards, and payment processing services	$65M	Monashees, New Enterprise Associates & 12 others	76/100
3rd	Payhawk 2018, Sofia (Bulgaria), Series B	Provider of spend management platform with AI-powered automation and control	$239M	Earlybird, QED Investors & 23 others	71/100
4th	Easebuzz 2014, Pune (India), Series A	Provider of payment solutions and software as a service APIs	$34M	8i Ventures, Bessemer Venture Partners & 17 others	70/100
5th	Bottomline Technologies 1989, Portsmouth (United States), Acquired	Provider of business payments automation, connectivity, cash management, and fraud solutions	-	Trinity Capital, Herald Investment Management ... & 2 others	69/100
6th	Sitecore 2001, Sausalito (United States), Acquired	Cloud-based platform for digital experience management	$1.23B	TCV, Tola Capital & 4 others	68/100
7th	Modulr 2016, London (United Kingdom), Series C	Provider of automated payment processing and financial infrastructure software tools	$200M	Highland Europe, General Atlantic & 23 others	68/100
8th	REPAY 2006, Atlanta (United States), Public	Provider of payment processing solutions and vendor payment automation services	-	SunTrust Bank, Corsair Capital & 1 others	66/100
9th	AccessPay 2012, Manchester (United Kingdom), Acquired	Cloud based payment automation and cash management solutions for businesses	$44.4M	True Ventures, NatWest & 10 others	66/100
10th	PhotoShelter 2005, New York City (United States), Series B	Provider of digital asset management and content distribution software solutions	$12.2M	General Catalyst, Level Equity & 2 others	66/100
30th	Velocity 2025, London (United Kingdom), Series A	Provider of enterprise software for digital asset payments and treasury	$58M	Visa, QED Investors & 16 others	51/100