Velos IoT is a leading global cellular Internet of Things (‘IoT’) connectivity and carrier neutral platform provider.
2021
2
+5m active SIMs (and an additional 12m in circulation)
700+
200+
Created in 2014 as part of Jersey Telecom’s international expansion drive, Velos IoT provides device connectivity services to customers worldwide, as well as device management tools through its own proprietary software platform. Perwyn invested alongside Management to support the carve-out from JT Group and drive continued global expansion in a rapidly developing IoT market.
Visit website"Lots of funds talk about being ‘people centric; - Perwyn are. Very early in our process, and despite COVID travel restrictions, their senior leaders made the effort to visit us in Jersey in person - the only company to do so. Post transaction, time and time again the positive first impressions I took away have proven to be true - Perwyn are professional, people driven and commercially astute. We have been working together collaboratively from day 1 and their support and challenge is helping us to build a more successful and valuable company by the day."
- CEO
