Velocity operates a dark micro-fulfillment store that utilizes digital channels to streamline e-commerce logistics, including inventory management and transportation. By outsourcing logistics, businesses can reduce operational costs by up to 35% while improving delivery speed and proximity to customers.
Funding
$4.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GIFounders
Product
Problem
E-commerce businesses often struggle with fragmented logistics processes, leading to high operational costs, slow delivery times, and reduced customer satisfaction. Managing inventory, transportation, and order fulfillment across multiple channels can be complex and inefficient, hindering scalability and profitability.
Solution
VelocityGo offers a modular, cloud-based platform designed to centralize and streamline e-commerce logistics operations. The platform integrates order management (OMS), warehouse management (WMS), and transportation management (TMS) systems, providing end-to-end visibility and control. By automating key processes such as order synchronization, inventory management, route optimization, and last-mile delivery, VelocityGo enables businesses to reduce logistics costs, improve delivery speed, and enhance the customer experience. The system is designed to be flexible and scalable, catering to the needs of small to large e-commerce businesses, including direct-to-consumer (DTC) brands, marketplaces, and 3PL providers.
Target Audience
VelocityGo targets e-commerce businesses of all sizes, including direct-to-consumer (DTC) brands, marketplaces, dropshippers, distributors, and third-party logistics (3PL) providers, who seek to optimize their logistics operations and improve profitability.
Features
- Centralized order management: Unifies orders from multiple e-commerce platforms and marketplaces.
- Warehouse management system: Controls inventory, manages warehouse operations, and optimizes order fulfillment.
- Transportation management system: Optimizes delivery routes, manages drivers, and integrates with last-mile delivery services.
- Real-time inventory synchronization: Integrates inventory data across e-commerce channels and physical locations.
- Automated invoicing: Automates electronic invoice generation.
- Mobile app for picking and packing: Streamlines order picking and packing processes in the warehouse.
- Reporting and analytics: Provides insights into operations, sales, inventory, and efficiency.
- Customizable client portals: Allows 3PLs to provide clients with visibility into their inventory, orders, and deliveries.
- Integration with major e-commerce platforms and marketplaces via API.