CleanTech

VelocityDisrupt Software

VelocityDisrupt Software raises $35M Series C at $104M valuation

$35M
Total Raised
Series C
Latest Round
2017
Founded
907+
Employees
Denver, CO
3 min read

Quick Facts

Valuation
$104M
Latest Round Size
$35M
Latest Round Date
August 2024

VelocityDisrupt Software: Scaling CleanTech Innovation

VelocityDisrupt Software has secured $35M in Series C funding, achieving a valuation of $104M. The investment round was led by Bessemer, with participation from Founders Fund, GV (Google Ventures).

Company Overview

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

Product & Market Position

VelocityDisrupt Software's platform addresses critical challenges in cleantech 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 Series C round brings VelocityDisrupt Software's total funding to over $35M, reflecting strong investor confidence in the company's vision and execution. Bessemer led the round, citing VelocityDisrupt Software'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

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

Competitive Landscape

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

Leadership & Team

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

Technology & Innovation

VelocityDisrupt Software 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 VelocityDisrupt Software'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, VelocityDisrupt Software plans to accelerate product innovation, expand into adjacent markets, and strengthen its position as a category leader in cleantech. The company is committed to sustainable growth and long-term value creation.

Industry Impact

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

Key Investors

Bessemer
Lead Investor
Strategic investment in cleantech sector
Founders Fund
Co-Lead
Strategic investment in cleantech sector
GV (Google Ventures)
Investor
Strategic investment in cleantech sector
Intel Capital
Investor
Strategic investment in cleantech sector

About the Author

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