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3 Latest Announced Rounds

$2,265.93M Raised in 95 Funding Rounds in the past 7 Days - View All

Funding Round Profile

Velostics

start up
United States - Houston, Texas
  • 06/10/2023
  • Seed
  • $1,950,000

Velostics is a logistics Software-as-a-Service (SaaS) company specializing in automating manual and paper-based truck scheduling, check-in and order entry processes for terminals, warehouses and plants. The Velostics® AI platform automates communication between carriers and facilities systems and logistics teams to schedule, check-in, and load vehicles faster and error-free. The location-specific Velostics Pass™ technology and QR code enables required shipment data to be exchanged contactlessly and eliminates delays and paperwork from check-in, shipping and receiving process. Velostics solutions have a proven track record of minimizing delays and demurrage, reducing errors, and increasing operational efficiency and throughput so that companies may achieve strong ROI in just a few months. To learn more, please visit www.velostics.com.


Related People

Gaurav KhandelwalFounder

Gaurav Khandelwal United States - Houston, Texas

Gaurav Khandelwal is the founder and CEO of Velostics. Velostics is a logistics platform purpose-built to reduce wait time and increase throughput by eliminating manual work at plants and warehouses. Velostics' solutions enable carriers and facilities to optimize their logistics with data driven insights into their operations.

Gaurav got exposed to logistics via his digital innovation company, ChaiOne, a pioneer in behavioral science led digital solutions that are reimagining plant, field, supply chain processes that reduce cost, increase adoption and elevate customer experience.

In addition to his role at ChaiOne, Gaurav is also a key contributor to Houston’s innovation ecosystem and entrepreneurial community. In 2012, he founded START, the city’s first tech co-working space for startups. It hosted more than 50 Shark Tank type events with 100 plus startups — providing a unique platform for local area entrepreneurs to pitch their ideas to creatives, investors, and technologists.

He is a board member with Houston Exponential, leading Houston's efforts to establish itself as a tech hub. Gaurav is keenly involved with poverty alleviation for slum kids in India via his board position at Magic Bus. Magic Bus has educated over 1 million kids in India via their network of 9000 volunteer teachers.

Media
Shaping Houston - https://www.facebook.com/KHOU11/videos/10156714485179062/

Recognition
- Houston Biz Journals 40 under 40 2009
- EY Entrepreneur of the Year finalist 2017
- Fast Tech 50 finishes in 2012, 2013, 2014, 2015
- Fast 100 finishes in 2015, 2016
- Inc 500 finishes in 2012, 2013
- Webby Awards 2013