FinTechFunding

Velocia: Raises $2.5M in Funding

Velocia Raises $2.5M in Funding

  • Velocia, a Toronto, Canada-based software-as-a-service (SaaS) provider for a mobility rewards platform, raised $2.5m in growth funding
  • WindSail Capital Group made the investment
  • The company is a SaaS mobility rewards platform designed to incentivize and reward people for their daily commutes
  • It uses rewards to encourage people to get out of single-occupant vehicles and into any other form of transit – both public and MaaS – with a mission to improve the way people get around in their cities
  • The company has been operating in Miami-Dade County, working with transit and mobility-as-a-service (MaaS) partners since 2019
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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