# Velostics funding: rounds and investors

> Velostics has raised $4.4M across 2 rounds since 2021. Investors include Alumni Ventures and Cultivation Capital. Every round with its source.

Source: https://millionrounds.com/company/velostics (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Velostics*

2 rounds we have observed, with the 2 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Logistics

Funding summary Updated 26 Oct 2026

**$4.4M** raised across 2 rounds since 2021, from 2 sources

**$2.5M** Seed **$1.9M** Seed

- **Latest round:** Seed, $1.9M Oct 2023
- **Biggest round:** $2.5M Seed · Dec 2021
- **Investors:** 2

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023

**$2.5M** Seed

**$1.9M** Seed

- **First round:** Seed, $2.5M
- **Biggest round:** $2.5M
- **Between rounds:** 22 months

## The rounds

- **Oct 2023** Seed **$1.9M** *2 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) Source recorded SEC filing: $1.8M sold, first sale Jul 2023
- **Dec 2021** Seed **$2.5M** No investor was named in the report. Reported by Flyover Capital

## Founders and team

From Velostics's own website and the SEC filings it signed: 2 founders.

**Scott Cheney** Founder & CEO

**Gaurav Khandelwal** Founder & CEO *Named on its 2023 Form D*

On the board, as filed i *Amit Bhandi* *Jeffrey Margolis* *Keith Molzer*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2021 **Seed** 2023 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital)

## Everyone who backed them

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=velostics).

## Also claim to have backed them

This firm lists Velostics as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Flyover Capital](https://millionrounds.com/fund/flyover-capital) VC firm Per its own site

## Quick answers about Velostics

### Who invested in Velostics?

Velostics's investors include Alumni Ventures and Cultivation Capital.

### How much has Velostics raised?

Velostics has raised $4.4M across 2 rounds since 2021.

### When did Velostics last raise?

Velostics's most recent round was a Seed of $1.9M in Oct 2023.

### What was Velostics's biggest round?

Velostics's largest round on record is $2.5M (Seed), in Dec 2021.

### Who backed Velostics first?

Velostics's first round on record, in Oct 2023, was backed by Alumni Ventures and Cultivation Capital.

### What stage is Velostics at?

Velostics's latest named round is a Seed, in Oct 2023.

### Where is Velostics based?

Velostics is based in the United States.

## Companies like Velostics

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**Truck Parking Club** Oct 2026](https://millionrounds.com/company/truck-parking-club)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**Stord** $782M · Oct 2026](https://millionrounds.com/company/stord)

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