Montreal fintech startup Velix has raised $2 million in pre-seed financing to build a financial operations platform for logistics and supply-chain operators. The round was led by Luge Capital, with participation from Stand Up Ventures and Accelia Capital. Velix also named Nicholas Richards, co-founder of ShipHero, as an advisor.
The company targets growing financial complexity among third-party logistics providers, which increasingly act as intermediaries managing freight reconciliation, billing, and disputes. Velix aims to replace manual workflows with automated tools as Canada’s logistics market expands. The capital will support hiring, product development, and market expansion ahead of broader platform availability.
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