# Velory

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

> Velory is an AI-powered platform that helps businesses manage and optimize their software procurement and vendor relationships.

## About

Velory provides an IT Lifecycle Management Platform that helps modern companies manage and control the entire IT lifecycle, from procurement and equipping teams to device management and circular IT practices. The platform serves IT, HR, and Finance departments, as well as employees, by streamlining device tracking, software and SaaS management, and employee onboarding/offboarding. Velory is recognized by Gartner for its Hardware Asset Management Tools.

## Key facts

- **Slug:** velory
- **Website:** https://velory.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2022-01-01
- **Operating status:** Active
- **Sectors / tags:** SaaS Management, Software Procurement, Vendor Management, AI-Powered Platform, Enterprise Software, IT Management, Spend Management, Procurement Software
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/velory-ab
  - Twitter: https://twitter.com/veloryofficial

## Frequently asked

### What does Velory do?

Velory provides an IT Lifecycle Management Platform that helps modern companies manage and control the entire IT lifecycle, from procurement and equipping teams to device management and circular IT practices. The platform serves IT, HR, and Finance departments, as well as employees, by streamlining device tracking, software and SaaS management, and employee onboarding/offboarding. Velory is recognized by Gartner for its Hardware Asset Management Tools.

### Where is Velory headquartered?

Velory is headquartered in Tel Aviv, Israel.

### When was Velory founded?

Velory was founded in 2022.

### What industry does Velory operate in?

Velory operates in SaaS Management, Software Procurement, Vendor Management, AI-Powered Platform, Enterprise Software, IT Management.

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