Velocity Minerals Revenue

Oil, Gas, and Mining • Vancouver, British Columbia, Canada • 1-10 Employees

Velocity Minerals revenue & valuation

Annual revenue	$769,995
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Oil, Gas, and Mining industry and current estimated revenues	$2,500,000
Total funding	$1,500,000

Key Contacts at Velocity Minerals

Daniel Marinov

Director, Vp Operations And Exploration

Michelle Roth

Independent Non-Executive Director

Keith Henderson

Co-Founder, Ceo And Director

Company overview

Headquarters	1177 West Hastings Street, 2300, Vancouver, British Columbia V6E 2K3, CA
Phone number	+16044841233
Website	velocityminerals.com
NAICS	21
Keywords	Gold Exploration And Mineral Exploration
Founded	2017
Employees	1-10
Socials

Velocity Minerals Email Formats

Velocity Minerals uses 3 email formats. The most common is {first initial}{last name} (e.g., jdoe@velocityminerals.com), used 57.1% of the time.

Format	Example	Percentage
{first initial}{last name}	jdoe@velocityminerals.com	57.1%
{first name}{last name}	johndoe@velocityminerals.com	28.6%
{last name}{last name}	doedoe@velocityminerals.com	14.3%

About Velocity Minerals

Velocity Minerals is a gold exploration and development company focused on eastern Europe. The Company’s management and board includes mining industry professionals with over 100 years of combined experience spanning Europe, Asia, and the Americas as employees of major mining companies as well as founders and senior executives of junior to mid-tier public companies. The teams’ experience includes all aspects of mineral exploration, resource definition, feasibility, finance, mine construction and mine operation as well as a track record in managing publicly listed companies and bringing real value to shareholders. Bulgaria is a member of the European Union (2007) and an attractive destination for mining investment. The country’s mining law was established in 1999 and updated in 2011. Mining royalties are low and compare favourably with more established mining countries like Canada, Peru and Chile. Bulgaria also boasts an exceptionally low corporate tax rate of only 10% and the country’s education system is excellent with good availability of experienced mining professionals in a favourable cost environment. Foreign mining companies are successfully operating in Bulgaria. Despite the positive operating environment, the number of established companies is low and Velocity is among the first movers in a new influx of foreign mining investment.

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Director

Entry

Employees by Department

Velocity Minerals has 4 employees across 4 departments.

Departments

Number of employees

Funding Data

Explore Velocity Minerals's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2024-01-08	14	$1,500,000

Funding Insights

$1,500,000

Total funding amount

$1,500,000

Most recent funding amount

Number of funding rounds

Frequently asked questions

Velocity Minerals is located in Vancouver, British Columbia, CA.

You can reach Velocity Minerals at +16044841233.

Velocity Minerals generates an estimated annual revenue of $769,995. This revenue figure reflects the company's market position and business performance in its industry.

Velocity Minerals has an estimated valuation of $2,500,000. This valuation is calculated based on industry-standard revenue multiples and reflects the company's growth potential and market positioning.

Velocity Minerals was founded in 2017, making it 9 years old. The company has established itself as a significant player in its industry over this time.

Velocity Minerals has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Velocity Minerals has raised a total of $1,500,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.