Companies · AI / ML

Veles Inc.Winter 2024Active

SANTA BARBARA · CA, USA · AI / ML · refined from filed group “Other Technology · founded 2024 · http://www.getveles.com

Diligence memoA one-page analyst read on Veles Inc. — recommendation, valuation, rhythm, risks.
$2.1M
Total raised · real
3
Rounds
2.8×
Latest step-up
Top 25%
Sector rank · raised
Seed
Latest stage · inferred · Mon Mar 18 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Veles Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the ai/ml sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.50× the median modeled value of Seed AI / ML companies in 2022–2024 (73 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.3 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in AI / ML

Veles Inc. is one of 2067 AI / ML companies tracked from SANTA BARBARA, CA, USA, on record since 2024. By capital raised it ranks in the upper tier (ahead of 76% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

CPQ for humans and agents

You closed your first few deals on handshakes and Stripe links. Now a customer wants a ramp-up, custom terms, or annual billing — and suddenly you're duct-taping spreadsheets to your CRM. Most CPQ tools are built for 500-person sales orgs with a dedicated RevOps team. Veles is built for you. AI agents handle quoting, approvals, and deal docs end-to-end so you can run a real sales motion without hiring a deal desk. It's free for founders just getting started, and pricing scales with the number of active contracts you manage — so we only grow when you do. No CRM consultant, no six-month rollout. Just connect Salesforce or HubSpot and start closing.

Artificial IntelligenceB2BEnterpriseSalesai/ml
Find Veles Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
13
Investors (latest)
2021
Year incorporated
2024-03-18
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$2.5M$5.0M$7.5M$10MPre-Seed · 2023-11-28 Raised $230K (real) Modeled valuation $1.7M (est)$230K$1.7MPre-Seed2023Pre-Seed · 2023-12-20 Raised $500K (real) Modeled valuation $3.6M (est)$500K$3.6MPre-Seed2023Seed · 2024-03-18 Raised $1.4M (real) Modeled valuation $9.1M (est)$1.4M$9.1MSeed2024+$500K+$1.4MCumulative $2.1M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$230K · 2023
Pre-Seed extension$500K · 2023
Seed$1.4M · 2024

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$9.1M
Base estimate est.
$1.2M
Conservative case
$26.2M
Upside case
$7.1M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the ai/ml sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $1.7M · 2023-11-282023Pre-Seed · modeled $3.6M · 2023-12-20Seed · modeled $9.1M · 2024-03-182024
Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.68×/yr
Annual markup
2.20×/yr upside case
2.3 yr
Elapsed time used
2.3 yr actual, capped for stale marks
ai/ml
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
2 mo
Avg between rounds
$7.1M/yr
Capital velocity
2.6 yr
On record since
2023
First round
3
Rounds on file
How it compares to the market

Benchmarked against 2067 companies in AI / ML. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.5× of median
This company$2.1M
Sector median$4.7M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.7× of median
This company$1.4M
Sector median$1.9M
Modeled value — vs sector median (estimate, all stages) 0.3× of median
This company$9.1M
Sector median$27.9M

Raised more than 76% of sector peers (real $). Modeled value above 74% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #54 of 73.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0M$10.0MCapital raised (log)MD.ai, Inc. · Seed Raised $4.0M · modeled $74.4M (est)Edge AI Solutions Inc. · Seed Raised $4.0M · modeled $61.5M (est)Operative Intelligence Holdings Inc. · Seed Raised $3.7M · modeled $55.4M (est)Bookend AI Inc. · Seed Raised $3.1M · modeled $50.9M (est)Globus AI, Inc. · Seed Raised $4.0M · modeled $47.2M (est)Subterra AI, Inc. · Seed Raised $2.2M · modeled $43.0M (est)VERB AI Inc. · Seed Raised $4.3M · modeled $42.1M (est)Stella Automotive AI, Inc. · Seed Raised $4.0M · modeled $40.5M (est)Invoke AI, Inc. · Seed Raised $3.7M · modeled $36.3M (est)Themis AI Inc · Seed Raised $2.8M · modeled $34.6M (est)Adaya AI, Inc. · Seed Raised $2.0M · modeled $33.7M (est)DeTech.ai Inc. · Seed Raised $2.2M · modeled $32.6M (est)Veles Inc. (this company) Raised $2.1M · modeled $9.1M (est)Veles Inc.
CompanyStageRaised · realValue · estvs peer med.
MD.ai, Inc.Seed$4.0M$74.4M4.12×
Edge AI Solutions Inc.Seed$4.0M$61.5M3.41×
Operative Intelligence Holdings Inc.Seed$3.7M$55.4M3.07×
Bookend AI Inc.Seed$3.1M$50.9M2.82×
Globus AI, Inc.Seed$4.0M$47.2M2.62×
Subterra AI, Inc.Seed$2.2M$43.0M2.38×
VERB AI Inc.Seed$4.3M$42.1M2.33×
Stella Automotive AI, Inc.Seed$4.0M$40.5M2.24×
Invoke AI, Inc.Seed$3.7M$36.3M2.01×
Themis AI IncSeed$2.8M$34.6M1.92×
Adaya AI, Inc.Seed$2.0M$33.7M1.87×
DeTech.ai Inc.Seed$2.2M$32.6M1.80×
Veles Inc. this companySeed$2.1M$9.1M0.50×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$230K2023-11-28$1.3M$1.7M90%
Pre-Seed$500K2023-12-20$2.8M$3.6M90%
Seed$1.4M2024-03-18$7.1M$9.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$230K2023-11-28
    • First recorded raise — entered as Pre-Seed.
    • 7 investors on this round.
  2. Pre-Seed$500K2023-12-20
    • Came back fast: 1 mo vs the ~11 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 2 investors on this round.
  3. Seed$1.4M2024-03-18
    • Came back fast: 3 mo vs the ~11 mo sector norm.
    • Round 2.8× larger than the prior — scaling up.
    • 13 investors on this round.
Intelligence
2024 ~Q2
Modeled next raise · ~2mo cadence
$4.0M
Modeled next size est.range $2.6M$6.4M
2.8×
Last step-up
$7.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
PATRICK KOPERWAS2023-11
SIMON OOLEY2023-11
Registry & provenance

Veles Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
2007836
SEC CIK
2021
Incorporated
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Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Semantically similar

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Frequently asked
How much funding has Veles Inc. raised?
Veles Inc. has raised approximately $2.1M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Veles Inc.'s estimated valuation?
Provath's modeled valuation for Veles Inc. is approximately $9.1M (modeled range $1.2M–$26.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Veles Inc. at?
Veles Inc.'s latest modeled financing stage is Seed. Its most recent recorded round closed around Mon Mar 18.
What does Veles Inc. do and where is it based?
Veles Inc. operates in the AI / ML sector, based in SANTA BARBARA, CA, USA. CPQ for humans and agents
Explore related

See where Veles Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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