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Back to The Report
Cybersecurity

VelocityBuild Platform

VelocityBuild Platform raises $1M Pre-Seed at $9M valuation

$1M
Total Raised
Pre-Seed
Latest Round
2017
Founded
52+
Employees
Denver, CO
Updated December 8, 2024
3 min read

Quick Facts

Valuation
$9M
Latest Round Size
$1M
Latest Round Date
December 2024

VelocityBuild Platform: Scaling Cybersecurity Innovation

VelocityBuild Platform has secured $1M in Pre-Seed funding, achieving a valuation of $9M. The investment round was led by Andreessen Horowitz, with participation from Accel.

Company Overview

Founded in 2017 and headquartered in Denver, CO, VelocityBuild Platform is transforming the cybersecurity landscape through innovative technology and a customer-first approach. The company has established itself as a key player in the rapidly growing cybersecurity market.

Product & Market Position

VelocityBuild Platform's platform addresses critical challenges in cybersecurity by leveraging advanced technology to deliver scalable, efficient solutions. The company serves a diverse customer base ranging from startups to Fortune 500 enterprises.

Funding Details & Investor Confidence

This Pre-Seed round brings VelocityBuild Platform's total funding to over $1M, reflecting strong investor confidence in the company's vision and execution. Andreessen Horowitz led the round, citing VelocityBuild Platform's impressive growth metrics and market opportunity as key factors in the investment decision.

Growth Metrics & Traction

The company has demonstrated strong product-market fit with rapid customer adoption and consistent revenue growth. Key metrics include expanding customer base, improving retention rates, and increasing average contract values across all customer segments.

Use of Funds

VelocityBuild Platform plans to deploy the capital across several strategic initiatives:

  • Product Development: Expanding platform capabilities and introducing new features
  • Team Expansion: Hiring across engineering, sales, and customer success
  • Market Expansion: Entering new geographic markets and customer segments
  • Infrastructure: Scaling technology infrastructure to support growth

Market Opportunity

The cybersecurity market is experiencing significant growth, with industry analysts projecting substantial expansion over the next five years. VelocityBuild Platform is well-positioned to capture market share through its differentiated technology and go-to-market strategy.

Competitive Landscape

In an increasingly competitive cybersecurity sector, VelocityBuild Platform differentiates through superior technology, customer experience, and operational efficiency. The company's platform offers unique capabilities that address unmet market needs.

Leadership & Team

The VelocityBuild Platform leadership team brings extensive experience from leading technology companies and deep domain expertise in cybersecurity. This combination of technical excellence and industry knowledge positions the company for continued success.

Technology & Innovation

VelocityBuild Platform continues to invest heavily in research and development, with a focus on emerging technologies including artificial intelligence, machine learning, and automation to enhance platform capabilities and deliver superior value to customers.

Customer Success

Customer satisfaction and success remain central to VelocityBuild Platform's strategy. The company maintains high Net Promoter Scores and strong retention rates, reflecting the value delivered through its platform and services.

Future Roadmap

Looking ahead, VelocityBuild Platform plans to accelerate product innovation, expand into adjacent markets, and strengthen its position as a category leader in cybersecurity. The company is committed to sustainable growth and long-term value creation.

Industry Impact

VelocityBuild Platform's success demonstrates the transformative potential of technology in cybersecurity. As the company scales, it continues to set new standards for innovation, customer service, and operational excellence in the industry.

Key Investors

Andreessen Horowitz
Lead Investor
Strategic investment in cybersecurity sector
Accel
Co-Lead
Strategic investment in cybersecurity sector

Topics

Cybersecurity(452)startup funding(297)venture capital(278)VelocityBuild PlatformPre-Seedtech investment1M

About the Author

Emily Johnson
Emily Johnson
Fintech reporter specializing in payments and digital banking innovation

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