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Velocia Secures $2.5 Million From Windsail Capital To Accelerate Growth Of Its Mobility Rewards Platform

Aug 02, 2022•almost 3 years ago

Amount Raised

$2.5 Million

Round Type

seed

TorontoTransportationSaas

Description

Velocia, a Toronto-based software-as-a-service (SaaS) provider for a mobility rewards platform, has raised $2.5 million in growth capital from WindSail Capital Group, a Boston-based investment firm focused on energy innovation and sustainability.

Company Information

Company

Velocia

Location

Toronto, Ontario, Canada

About

Velocia is a SaaS mobility rewards platform designed to incentivize and reward people for their daily commutes. Velocia 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. Velocia has experience working with public transit agencies, MaaS operators and municipalities.