Velon

VelonVelon
Velon

Velon

AI employees for procurement, automating strategic sourcing and supplier management at scale.

DR 202021Active50Tel Aviv, Israel
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About

Velon offers AI Employees that execute procurement and merchandising tasks, allowing human teams to focus on strategy and impact. These AI specialists operate autonomously with human oversight, leveraging internal and external data to manage sourcing, supplier evaluation, and procurement execution. Velon serves industries such as retail, CPG, energy, chemicals, telecom, and manufacturing.
Frequently asked

What does Velon do?

Velon offers AI Employees that execute procurement and merchandising tasks, allowing human teams to focus on strategy and impact. These AI specialists operate autonomously with human oversight, leveraging internal and external data to manage sourcing, supplier evaluation, and procurement execution. Velon serves industries such as retail, CPG, energy, chemicals, telecom, and manufacturing.

What is Velon's revenue?

StartupHub estimates Velon's annual revenue at $7.9M (range $4.5M to $16.9M, 65% confidence), based on comparable companies in the sector.

Where is Velon headquartered?

Velon is headquartered in Tel Aviv, Israel.

When was Velon founded?

Velon was founded in 2021.

What industry does Velon operate in?

Velon operates in Agentic AI, AI Agent, Procurement Software, Supply Chain Management, Enterprise Software, Workflow Automation.

How many employees does Velon have?

Velon has approximately 50 people on record.

HEADCOUNT
50
DOMAIN RATING
20
New entrants in Procurement Software
Last 90 days
6
New entrants
2.0
Per month
0.5
Per week

An entrant is a company tagged Procurement Software whose domain was first registered in the window, counted from registry records in the StartupHub directory. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.

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