In an ever-evolving digital landscape, collaboration has become a buzzword, synonymous with efficiency and innovation. This is where Velt, a Y Combinator-backed startup, steps in with its visionary mission. Velt aims to revolutionize the way we interact with apps by injecting collaborative features into virtually any digital platform.
Velt: The Toolkit Changing the Collaboration Game
Velt’s toolkit is a game-changer for app developers, offering a seamless solution to integrate collaborative functionalities within a mere 30 minutes. This toolkit allows developers the flexibility to choose features ranging from Google Docs-style contextual commenting to Figma-like live walkthroughs, incorporating elements akin to Loom’s recording capabilities or Slack’s interactive huddles.
Fueling Velt’s Journey: A $2.77 Million Seed Funding Boost
Velt’s journey is turbocharged by a significant $2.77 million seed funding, propelling their vision forward. This financial backing is set to accelerate their mission, levelling the playing field for developers worldwide.
The Genesis of Velt: A Founder’s Vision
Rakesh Goyal, the brain behind Velt and former Google Product Manager, envisioned this startup during his stint at Google’s AR team. Post his exit in 2020, the pandemic-induced remote working scenario highlighted the need for more collaborative tools. Goyal’s experience with Google’s collaborative suite contrasted sharply with other less interactive tools, sparking the idea for Velt.
Bridging Gaps: Velt’s Solution to Collaboration Shortfalls
Velt emerged from the need to overcome the limitations of traditional app interactions. Goyal observed the frequent reliance on screenshots and Slack shares due to the absence of native sharing and collaboration. Velt addresses these gaps by offering a suite of developer tools that blur the lines between physical and virtual collaboration.
Velt’s Tech Marvel: The JS SDK
At the heart of Velt’s offering is the JS SDK, a toolkit enabling developers to embed various features into their platforms, ranging from commenting to video/voice recording, all customizable to enhance user experience.
AI: The Driving Force Behind Velt’s Innovation
Velt leverages AI to elevate its features, such as automatic transcription in recording and intelligent comment categorization. Another ambitious AI feature is the “contextual copilot”, which promises a human-to-AI collaborative experience, allowing for dynamic interactions like copy rewriting or webpage redesign in real-time.
Velt’s Impact Across Industries
Velt has found its niche across diverse verticals – from creative tools like website builders to business analytics and CRM platforms. The startup also offers Superflow, catering to marketing agencies needing collaborative design and marketing tools.
Clientele and Growth: Velt’s Expanding Horizon
While Velt remains tight-lipped about its customer base and revenue details, its growth trajectory is impressive, with a significant increase in revenue and a client base approaching three digits. Velt’s clientele includes notable names like eqtble, awesomic, zoomforth, and parc.
Investment and Team Dynamics
The investment landscape for Velt is robust, with contributions from YC, Spider Capital, Amino Capital, First Row Partners, and notable angel investors. The team, a 10-person ensemble, thrives in a remote setup across the U.S., U.K., and India.
Looking Ahead: AI’s Role in Velt’s Future
AI is pegged as a pivotal element in Velt’s future plans. Goyal envisions a world where AI not only enhances human-to-human collaboration but also fosters a synergistic relationship between humans and AI within the collaborative context.
A Paradigm Shift in App Interactions
Velt is poised to redefine how we interact with apps, transforming the landscape of digital collaboration. By bridging the gap between various platforms and enhancing user experiences through AI, Velt is not just a tool but a harbinger of a new era in app interaction. As we watch this startup’s journey unfold, one thing is clear: the future of collaborative apps is bright, and Velt is leading the charge.
