Velosimo

Founded in 2018 by Kris Trujillo, the company was established to address the challenge of fragmented software ecosystems in the public sector. Trujillo's vision was to enable government agencies to offer seamless online experiences, comparable to the private sector, by resolving integration issues between different software platforms. Prior to a significant funding round, Velosimo had secured $3.2 million from angel investors, including notable figures from the GovTech industry. A major milestone was achieved in July 2022, when the company secured $11 million in a Series A funding round led by Macquarie Capital Principal Finance with participation from Valor Equity Partners. This capital infusion was aimed at accelerating sales and expanding the platform's capabilities to meet growing demand.

Velosimo's business model is centered on its cloud-native iPaaS platform, which provides no-code, pre-built connectors and a low-code environment for developing custom integrations. The company targets state and local government agencies as its primary clients, serving a customer base of over 110 unique agencies by early 2025, including the City of San Diego, Washington D.C., and the State of California. Revenue is generated through a Software as a Service (SaaS) model, where clients pay for access to the platform and its marketplace of connectors. This approach allows agencies to avoid the high costs and complexities associated with custom, point-to-point integrations and legacy system replacements.

The core offering is the Velosimo Connect Platform, which simplifies interoperability between various systems such as permitting, licensing, payment processing, and document management. The platform features a marketplace of off-the-shelf connectors for widely used government software from companies like Accela, Laserfiche, Tyler Technologies, and Esri. A key differentiator is the platform's focus on government-specific applications, unlike more generic iPaaS solutions that cater to private sector software. The technology is designed for reliability, with features like self-healing transactions that automatically recover from connected system outages, ensuring uninterrupted service delivery. This enables government staff to manage integrations without extensive IT resources, reduce manual data entry, and improve the digital service experience for citizens.