Velostics is a technology company.
Velostics has raised $5.0M across 2 funding rounds.
Velostics has raised $5.0M in total across 2 funding rounds.
Velostics has raised $5.0M in total across 2 funding rounds.
Velostics's investors include Flyover Capital, Cultivation Capital, Hyperplane, LAUNCH, Mathieu Guerville.
Velostics is a SaaS technology company founded in 2019 and headquartered in Houston, Texas, specializing in AI-enabled logistics solutions that automate truck scheduling, dock and yard management, and gate operations for shippers, logistics service providers (LSPs), 3PLs, brokers, warehouses, and manufacturing plants.[1][2][3][4][5] Its core product, the Velostics platform, unifies scheduling across inbound/outbound shipments, carriers, suppliers, and consignees via features like 3-Way Scheduling, text-based driver check-ins, QR code-enabled contactless processes, and AI-driven trailer assignments to streamline operations, reduce manual tasks, errors, delays, and demurrage while improving throughput, cash flow, and customer experience.[1][2][3][4][5] The company serves large distribution companies and managed transportation networks, addressing bottlenecks in supply chains by integrating with existing TMS systems for quick deployment and frictionless onboarding, with recent launches like the advanced 3-Way Scheduling Solution in 2024 demonstrating strong growth momentum through innovation in cash cycle optimization.[1][4][5]
Velostics was founded in 2019 by Gaurav Khandelwal, its CEO, who drew from his extensive logistics experience and passion for optimization, sparked by real-world inefficiencies he encountered in the industry.[1][4][6] Khandelwal, recognized as a Houston Biz Journals 40 under 40 honoree and EY Entrepreneur of the Year finalist, previously founded START, Houston’s first tech co-working space, and serves on the board of Magic Bus, a nonprofit combating poverty in India, blending entrepreneurial grit with social impact.[4][6] The idea emerged from Khandelwal's drive to disrupt manual, paper-based processes in truck scheduling and yard management using cloud-based SaaS and AI, leading to early traction through user-friendly tools that mirror consumer apps for rapid adoption among shippers and carriers.[4][5] Pivotal moments include the 2023 and 2024 launches of its 3-Way Scheduling Solution, tailored for LSPs, carriers, and shippers to synchronize multi-party operations.[1][2]
Velostics rides the wave of AI-driven supply chain digitization, capitalizing on post-pandemic e-commerce surges, labor shortages, and rising freight costs that demand automated, visible logistics to counter inefficiencies in traditional yard/dock operations.[3][4][5] Timing is ideal amid 2024-2025 trends like ESG pressures for emission reductions and multimodal carrier coordination, where Velostics' 3-Way tools synchronize fragmented networks, turning shippers into preferred partners.[1][5] Market forces favoring it include SaaS adoption in logistics (projected multi-billion growth), integration-friendly platforms amid TMS fragmentation, and AI agents for predictive moves, positioning Velostics to influence ecosystems by enabling faster throughput for 3PLs/brokers and shared calendars across suppliers/customers.[2][4][5]
Velostics is poised for accelerated expansion by deepening AI capabilities in freight management and offsite yards, targeting more 3PLs and global shippers amid e-commerce logistics booms.[4][5] Trends like autonomous trucking, real-time analytics, and sustainability mandates will amplify its edge, potentially evolving it into a full supply chain orchestration leader with network effects from shared scheduling.[1][5] As cash cycle innovations scale, expect partnerships and metrics-driven wins to solidify its disruptor status in high-volume terminals, transforming manual friction into AI-fueled efficiency right from its Houston roots in unified scheduling.[1][4][6]
Velostics has raised $5.0M across 2 funding rounds. Most recently, it raised $2.0M Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2023 | $2.0M Seed | Flyover Capital | |
| Dec 1, 2021 | $3.0M Seed | Cultivation Capital, Flyover Capital, Hyperplane, LAUNCH, Mathieu Guerville |