Velontra - About the company
Velontra is a seed company based in Cincinnati (United States), founded in 2020 by Joel Darin and Robert Keane. It operates as a Developer of advanced hypersonic propulsion systems and technologies. Velontra has raised $900K in funding from Y Combinator. The company has 121 active competitors, including 34 funded and 5 that have exited. Its top competitors include companies like Avio, X-Bow Systems and Ursa Major.
Company Details
Developer of advanced hypersonic propulsion systems and technologies. It is an aerospace technology company designing a hypersonic space plane capable of taking off from any runway and location, offering a horizontal takeoff that increases launch reliability.
- Website
- velontra.com
Key Metrics
Founded Year
2020
Location
Cincinnati, United States
Stage
Seed
Total Funding
$900K in 3 rounds
Latest Funding Round
Investors
Ranked
38th among 121 active competitors
Employee Count
3 as on Jul 01, 2024
Legal entities associated with Velontra
Velontra is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Velontra LLC CIN: 861717062 , United States, Active | Dec 31, 2019 | - | - | - |
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Velontra's funding and investors
Velontra has raised a total funding of $900K over 3 rounds. Its first funding round was on Jun 23, 2021. Velontra has 4 institutional investors.
Here is the list of recent funding rounds of Velontra:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 25, 2025 | 9408393 | Seed | 7268966 | 5846001 | 2098377 | 5518791 |
Sep 09, 2022 | 3999401 | Seed | 7533941 | 1546922 | 9704291 | 4657238 |
Jun 23, 2021 | 8250510 | Seed | 8702923 | 1960661 | 3653392 | 3993208 |
View details of Velontra's funding rounds and investors
Velontra's founders and board of directors
Founder? Claim ProfileHere are the details of Velontra's key team members:
- Joel Darin: Co-Founder & CEO of Velontra. Contact Info: 1 email address
- Robert Keane: Former Co-Founder of Velontra.
View details of Velontra's Founder profiles and Board Members
Velontra's employee count trend
Velontra has 3 employees as of Jul 24. Here is Velontra's employee count trend over the years:
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Velontra's Competitors and alternates
Top competitors of Velontra include Avio, X-Bow Systems and Ursa Major. Here is the list of Top 10 competitors of Velontra, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of space propulsion components and systems | $19.8M | 63/100 | ||
2nd | X-Bow Systems 2016, Albuquerque (United States), Series B | Manufacturer of solid rocket motors and provider of flight services | $157M | 60/100 | |
3rd | Ursa Major 2015, Berthoud (United States), Series E | Provider of turnkey propulsion solutions for a wide range of vehicles | $497M | 60/100 | |
4th | SpaceFields 2021, Bengaluru (India), Seed | Developer of custom solid propulsion systems for aerospace and defense | $6.71M | 60/100 | |
5th | Manastu Space 2017, Mumbai (India), Series A | Developer of green propulsion systems and debris collision avoidance technology | $6.71M | 60/100 | |
6th | Phase Four 2015, Pasadena (United States), Series C | Manufacturer of propulsion systems for space applications | $43.6M | 59/100 | |
7th | Dawn Aerospace 2017, Christchurch (New Zealand), Series A | Developer of propulsion systems for satellites, spaceplanes, and orbital transfer | $22.3M | 57/100 | |
8th | Frontier Aerospace 2014, Thousand Oaks (United States), Series A | Developer of advanced rocket propulsion systems and booster rocket engine components | $15.5M | 56/100 | |
9th | Arkadia Space 2020, Castellon de la Plana (Spain), Series A | Developer of green propulsion systems and thrusters for space vehicles | $16.9M | 56/100 | |
10th | Bellatrix Aerospace 2015, Bengaluru (India), Series A | Developer of satellite propulsion systems including electric, green, and nano thrusters | $34.4M | 55/100 | |
38th | Velontra 2020, Cincinnati (United States), Seed | Developer of advanced hypersonic propulsion systems and technologies | $900K | 32/100 |
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Velontra's Investments and acquisitions
Velontra has made no investments or acquisitions yet.
News related to Velontra
•
Greater Cincinnati startup Velontra lands spot in prestigious Y CombinatorThe Business Journals•Aug 16, 2022•Velontra, Y Combinator
•
Hypersonic Technology Startup Velontra Taps Retired U.S. General as its Inaugural PresidentPR Newswire•Jul 12, 2021•Velontra
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