Who founded Velostics?

Velostics was founded by Andrew Denta, Chris Podlaski, Gaurav Khandelwal in 2019.

Who are Velostics's investors?

Velostics's investors include Alumni Ventures, Flyover Capital, Y Combinator, Cultivation Capital, Small Ventures USA, LP, Starboard Star.

How much funding has Velostics raised?

Velostics has disclosed $1.8M raised across 1 of its 2 known rounds.

Where is Velostics headquartered?

Velostics is headquartered in San Francisco, US.

Velostics

AcquiredYC W20

San Francisco, US · Founded 2019 · 2 employees · 6 known investors

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Velostics is a SaaS platform that optimizes logistics and transportation operations through intelligent scheduling and resource allocation. It serves shippers and receivers to improve safety, reduce emissions, and enable growth in logistics operations.

Also known as Terusama Logistics Corporation · Terusama (Acquired by Velostics) · Terusama, Terusama (Acquired by Velostics)

AI & Machine Learning Climate Tech Enterprise Software Logistics & Supply Chain SaaS Scheduling LogisticsUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (W20)

Velostics was founded in 2019 by Andrew Denta, Chris Podlaski, and Gaurav Khandelwal.

Andrew Denta Co-Founder2019–2021Andrew Denta is the founder of Terusama, a SaaS platform that optimizes logistics and transportation operations through intelligent scheduling and resource allocation.

Chris Podlaski Founder2019–2021Founder of Terusama, a logistics optimization platform. No prior role or educational background stated in profile.

Gaurav Khandelwal Founder & CEOFounder and CEO of Velostics, an AI-powered yard and dock scheduling platform for logistics operations. Previously founded ChaiOne, a digital transformation consultancy serving industrial and energy companies, and brings experience in enterprise engineering, behavioral science, and AI systems.

Amit BhandiNamed on SEC filing

Keith Molzer Board MemberFounding Managing Partner at Flyover Capital

Jeffrey MargolisNamed on SEC filing

Investors · 6

Alumni Ventureslisted by Alumni VenturesManchester · $100K – $10M

How we know: av.vc · Not right? Tell us

Flyover Capitallisted by Flyover CapitalKansas City · $500K – $2M

How we know: a partner's Signal profile · funding news · open dataset · 5k.vc investor directory · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · funding news · open dataset · 5k.vc investor directory · Not right? Tell us

Cultivation CapitalreportedSt. Louis · $100K – $3.5M

How we know: the VCSheet dataset · Not right? Tell us

Small Ventures USA, LPreportedHouston

How we know: funding news · Not right? Tell us

Starboard StarreportedHouston

How we know: funding news · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$1.8M disclosed across 1 of 2 rounds · 2021–2023

▶$1.8MraisedJul 2023 · 5 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Amit BhandiDirector
Gaurav KhandelwalExecutive Officer, Director
Keith MolzerDirector
Jeffrey MargolisDirector

Offering amount: $2M
Amount sold: $1.8M
Minimum investment: $50K
First sale: Jul 2023
Incorporated: Corporation, Delaware, 2019
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 10

BiggerPictureBiggerPicture builds AI-driven scheduling and coordination software for freight shippers, carriers, and logistics facilities to manage supply chain operations in real-time. The platform integrates with existing systems to enable agile decision-making and reduce disruptions across interconnected logistics networks.

Axle HealthAxle Health provides a logistics and scheduling platform for home health care providers that optimizes clinician routing, staffing decisions, and patient coordination through real-time data and predictive forecasting.

Terminal LogisticsTerminal Industries provides an AI-powered computer vision system for automating gate operations and check-in/check-out processes at logistics facilities. The system integrates with transportation management systems to manage arrivals, reduce manual labor, and enable digital compliance documentation.

SunsamaSunsama is a daily planning and task management tool that integrates with Microsoft Teams, allowing users to convert messages into tasks, share daily plans with teammates, and post progress updates.

VectorVector builds technology for logistics and field services companies to enable communication and operational transparency with their suppliers, carriers, and customers.

ForemanForeman provides an all-in-one platform for contractors to manage projects, invoicing, proposals, and documentation without spreadsheets. The platform automates project monitoring, takeoff calculations, cost breakdowns, e-signatures, online payments, and scheduling with critical path analysis for construction projects.

Four KitesFour Kites is an AI-driven supply chain platform that uses autonomous agents to optimize supply chain operations and execution. The company serves supply chain executives and organizations seeking to improve operational efficiency through AI-powered transformation.

VimcalVimcal is a calendar application designed for busy professionals and executives that offers features for scheduling, availability sharing, and time management. The product targets executives and executive assistants with tools for unified calendar management across multiple accounts and visual time tracking.

Buske LogisticsBuske provides contract logistics and transportation management solutions for enterprise and growing companies across North America, offering yard management, regional shuttles, and distribution services.

ShipBobShipBob provides fulfillment and logistics services for ecommerce businesses, enabling direct-to-consumer brands to outsource order fulfillment and warehouse operations. The company operates over 50 fulfillment centers globally and serves thousands of ecommerce merchants.

Companies working in the same space as Velostics.

Legal entities · 1

corporate structure

Terusama Logistics Corporation

Frequently asked questions

What does Velostics do?: Velostics is a SaaS platform that optimizes logistics and transportation operations through intelligent scheduling and resource allocation. It serves shippers and receivers to improve safety, reduce emissions, and enable growth in logistics operations.
Who founded Velostics?: Velostics was founded by Andrew Denta, Chris Podlaski, Gaurav Khandelwal in 2019.
Who are Velostics's investors?: Velostics's investors include Alumni Ventures, Flyover Capital, Y Combinator, Cultivation Capital, Small Ventures USA, LP, Starboard Star.
How much funding has Velostics raised?: Velostics has disclosed $1.8M raised across 1 of its 2 known rounds.
Where is Velostics headquartered?: Velostics is headquartered in San Francisco, US.