# Velon

**Source:** https://www.startuphub.ai/startups/velon
**Profile type:** Startup

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

## 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.

## Key facts

- **Slug:** velon
- **Website:** https://getgain.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2021-01-01
- **Employees:** 50
- **Operating status:** Active
- **Sectors / tags:** Agentic AI, AI Agent, Procurement Software, Supply Chain Management, Enterprise Software, Workflow Automation, Generative AI, AI Reasoning
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/velon-ai/

## 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.

### 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.

### What is Velon's revenue?

StartupHub estimates Velon's annual revenue at $11.7M (range $11.4M to $16.7M, 62% confidence), based on comparable companies in the sector.

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