Veltris
Veltris is an AI-first digital product engineering services firm serving Fortune 500 and SMB clients across Healthcare, Technology, and Industrials. The company operates VeltrisOne™, a vertical AI orchestration platform built on Microsoft Azure AI and Databricks.
- Company typePrivate
- Founded2023
- HeadquartersMilpitas, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Veltris does
Veltris is a privately held, AI-first digital product engineering services company formed in October 2023 through the merger of Wavelabs Technologies and West Agile Labs, backed by private equity sponsors Trive Capital and BayLink Capital. The firm employs 501-1,000 staff across operations in the United States, Canada, and India, and serves both SMB and Fortune 500 clients across four primary verticals: Healthcare (HealthTech platforms, dental/multi-unit retail health, PBMs), Financial & PubSec Services (InsureTech, GovTech, EdTech, wealth management), Technology (software platforms, secure networking, communications service providers), and Industrials (autonomous vehicles, logistics, engineering and construction tech).
The company's product portfolio combines professional services with proprietary platform technology. Service offerings span AI-Augmented Engineering, AI Readiness & Data Modernization, AI Monetization, and Product Lifecycle & Managed Services. The flagship technology is VeltrisOne™, a Vertical AI Orchestration Platform purpose-built for micro-industry workflows and built on Microsoft Azure AI and Databricks, with V2AP (Veltris Vertical AI Platform) as its underlying secure foundation. VeltrisOne includes purpose-built applications such as HelixFlow for healthcare administration and FaultAnalyze AI for telecom network operations, supported by Veltris Intelligent Assistants (VIA), Vertical AI Solution Accelerators, and a cybersecurity offering developed in partnership with Vectra AI. The firm acquired BPK Technologies in March 2025 to deepen healthcare capabilities.
Veltris generates revenue through a hybrid model combining professional services engagements, managed AI platform services, and enterprise AI platform subscriptions. Pricing is offered through as-a-service (usage-based), managed AI platform (multi-year), and enterprise AI transformation (multi-year subscription) models. Go-to-market is sales-led for direct enterprise sales with channel/partner delivery through a technology alliance ecosystem spanning Microsoft Azure AI, Databricks, IBM, HPE, NVIDIA, AWS, Google Cloud, and Salesforce. In January 2026, Veltris was recognized by Constellation Research as an inaugural AI-First Consulting Firm.
Veltris firmographics
Firmographics- Name
- Veltris
- Legal name
- Veltris
- Website
- https://veltris.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Veltris is an AI-first digital product engineering services firm serving Fortune 500 and SMB clients across Healthcare, Technology, and Industrials. The company operates VeltrisOne™, a vertical AI orchestration platform built on Microsoft Azure AI and Databricks.
- Ownership category
- akta.pro rank
Where Veltris is headquartered
LocationHeadquarters
- HQ city
- Milpitas
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Veltris business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Professional Services: Veltris generates revenue through professional services engagements for digital product engineering, AI implementation, and consulting. Services include AI-Augmented Engineering, AI Readiness & Data Modernization, AI Monetization, and Product Lifecycle & Managed Services delivered to enterprise and SMB clients.
- Managed AI Platform Services: The company offers managed AI platform services through VeltrisOne, providing ongoing AI operations, monitoring, and optimization for enterprise clients. Available through as-a-service and managed AI platform pricing models.
- Enterprise AI Platform Subscriptions: VeltrisOne platform available through enterprise AI transformation pricing models, indicating recurring subscription revenue for platform access and AI capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise AI Transformation |
| Usage-based | Pay-as-you-go | As-a-Service Model |
| Hybrid | Multi-year contract | Managed AI Platform |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
Veltris product offering
Product offeringCore offering
Veltris is an AI-first digital product engineering services company that delivers professional services and a proprietary Vertical AI Orchestration Platform (VeltrisOne™) for micro-industries. Its service portfolio covers AI-Augmented Engineering, AI Readiness and Data Modernization, AI Monetization, and Product Lifecycle & Managed Services, targeting enterprises in Healthcare, Financial Services, Technology, and Industrials. The VeltrisOne™ platform, built on Microsoft Azure AI and Databricks, packages purpose-built applications (e.g., HelixFlow for healthcare administration and FaultAnalyze AI for telecom) with pre-built accelerators to embed AI into industry workflows.
Product overview
Veltris is an AI-first digital product engineering services company offering a portfolio of service offerings and proprietary platforms. The core offerings span AI-Augmented Engineering, AI Readiness & Data Modernization, AI Monetization, and Product Lifecycle & Managed Services. The flagship platform is VeltrisOne™ — a Vertical AI Orchestration Platform purpose-built for micro-industries in Healthcare, Industrials, and Technology sectors, built on Microsoft Azure AI and Databricks. Supporting the platform is V2AP (Veltris Vertical AI Platform) which provides the underlying secure, scalable foundation. Purpose-built applications include HelixFlow for healthcare administration and FaultAnalyze AI for telecom network operations. The company also offers specialized AI capabilities through sub-products like Veltris Intelligent Assistants (VIA), AI for Productivity, AI for Industry, and AI for Enterprise features. Veltris acquired BPK Technologies in March 2025 to strengthen healthcare digital capabilities. The company operates across Healthcare, Technology, and Industrials sectors serving SMB and Fortune 500 clients globally.
Differentiator
Problem solved
Functional benefit
Brands
- VeltrisOne™: Vertical AI Orchestration Platform purpose-built to power micro-industries across Healthcare, Industrials, and Technology sectors. Built on Microsoft Azure AI and Databricks.
- V2AP Platform
Products and services
- VeltrisOne™ Vertical AI Orchestration Platform purpose-built to AI-enable micro-industry workflows in Healthcare, Industrials, and Technology sectors, built on Microsoft Azure AI and Databricks, with purpose-built applications and pre-built accelerators.
- V2AP (Veltris Vertical AI Platform) Provides a secure, scalable foundation enabling organizations to improve productivity, modernize mission-critical systems, and operationalize AI with governance and compliance at the core, powering the Vertical AI Solution Accelerators.
- AI-Augmented Engineering Engineering AI-native digital products and platforms built to scale on cloud, designed to self-fund the next wave of innovation; includes AI-assisted SDLC workflows for enterprise clients.
- AI Readiness & Data Modernization Modernizes data, applications, and architectures into AI-first foundations, reducing technology debt and accelerating time-to-value for enterprise clients across regulated and high-scale environments.
- AI Monetization Embeds AI into enterprise workflows to unlock new revenue, automate operations, and turn AI investments into measurable ROI for clients across Healthcare, Financial Services, Technology, and Industrials.
- Product Lifecycle & Managed Services Optimizes product and system lifecycles using AI, ensures medical and financial compliance, secures tech stack uptime, and maximizes industrial asset performance via AI maintenance and AIOps.
Quantifiable outcome
- 32% reduction in healthcare claim denials
- +10 more outcomes
Companies that use Veltris
Customer profileNamed customers4 records
Segments6 records
Ideal customer profiles2 records
Veltris technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability13 records
Feature4 records
Veltris partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Microsoft Azure AIcoreVeltrisOne platform is built on Microsoft Azure AI infrastructure, providing cloud-based AI capabilities, machine learning services, and enterprise-grade security for AI workloads.
- DatabrickscoreVeltrisOne platform is built on Databricks, providing lakehouse architecture and data analytics capabilities for AI workloads across healthcare, industrials, and technology sectors.
- Vectra AIcoreStrategic partnership to deliver AI-driven threat detection and response services. Combines Veltris's digital engineering expertise with Vectra AI's patented attack-signal intelligence platform to help enterprises detect, investigate, and respond to hybrid threats across network, identity, and cloud environments.
- BPK TechnologiescoreAcquisition of BPK Technologies to expand Veltris's digital and AI capabilities in the healthcare industry, reflecting strategic effort to enhance technological offerings in healthcare sectors.
Scale indicators5 records
Recent moves7 records
Expansion highlights6 records
Veltris competitors and assessment
Company assessmentDirect peers
- Cognizant: Global IT services and digital engineering firm with a significant AI services practice. Directly comparable as an enterprise-focused digital product engineering and AI implementation services provider serving Fortune 500 clients across healthcare, financial services, and industrials.
- Infosys: Global digital services and consulting company with strong AI, data modernization, and industry-specific offerings. Comparable in its vertical AI plays (e.g., Infosys Topaz), enterprise sales model, and large India-based delivery footprint serving North American enterprises.
- Persistent Systems: Mid-sized global digital engineering and enterprise modernization services firm with a healthcare and BFSI focus. Highly comparable in size, vertical industry specialization, and AI-led digital transformation positioning.
- Wipro: Global IT and consulting services firm with an AI platform (Wipro ai360) and vertical industry solutions. Comparable as a Fortune 500 enterprise services provider with a similar AI-first consulting narrative and hyperscaler partnerships.
- Slalom: Mid-market-focused consulting firm with strong AI and digital engineering capabilities across healthcare, financial services, and technology. Comparable in vertical specialization, Fortune 500 client base, and emphasis on outcome-driven AI delivery.
- Tiger Analytics: AI and analytics services firm specializing in data, AI, and machine learning solutions for Fortune 500 enterprises. Comparable as an AI-first services company with deep vertical expertise in financial services and healthcare.
- Fractal Analytics: AI services and products company serving Fortune 500 enterprises with vertical AI solutions. Comparable in AI-first consulting positioning, vertical industry focus, and combination of services with proprietary AI platforms.
- Genpact: Global professional services firm focused on digital transformation, AI, and data-led services for enterprises. Comparable in financial services vertical focus, AI-led process automation, and enterprise services delivery model.
Broad incumbents
- Accenture: Largest global management and technology consulting firm with aggressive AI services practice ($3B+ AI bookings). Comparable in enterprise AI transformation services, vertical specialization, and Microsoft/Azure partnership, but operates at much greater scale and brand recognition.
- Capgemini: Global IT services and consulting firm with significant AI, data, and digital engineering capabilities. Comparable in enterprise AI services, hyperscaler partnerships, and industry vertical solutions, though at considerably larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Customer concentration
Veltris social profiles
Digital presenceVeltris compliance and trust
Trust signalCompliance3 records
Veltris financial estimates
Financial estimateRevenue estimate
Valuation estimate
Veltris leadership team
Management profileNumber of profiles
Profiles1 record
Veltris subsidiaries and ownership
Company hierarchySubsidiaries1 record
Veltris funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Veltris M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Veltris
What does Veltris do?
Veltris is an AI-first digital product engineering services company that delivers professional services and a proprietary Vertical AI Orchestration Platform (VeltrisOne™) for micro-industries. Its service portfolio covers AI-Augmented Engineering, AI Readiness and Data Modernization, AI Monetization, and Product Lifecycle & Managed Services, targeting enterprises in Healthcare, Financial Services, Technology, and Industrials. The VeltrisOne™ platform, built on Microsoft Azure AI and Databricks, packages purpose-built applications (e.g., HelixFlow for healthcare administration and FaultAnalyze AI for telecom) with pre-built accelerators to embed AI into industry workflows.
Is Veltris a public or private company?
Veltris is a private company. It is classified as private equity controlled and is currently operating.
When was Veltris founded?
Veltris was founded in 2023. It employs 501 to 1,000 people.
Where is Veltris based?
Veltris is headquartered in Milpitas, United States, in the North America region.
How does Veltris make money?
Three revenue lines are on record. Professional Services are the primary driver. The others are managed AI Platform Services and enterprise AI Platform Subscriptions.
Who are Veltris's main competitors?
Direct peers on record are Cognizant, Infosys, Persistent Systems, Wipro, Slalom, Tiger Analytics, Fractal Analytics and Genpact. Broad incumbents are Accenture and Capgemini.
Does Veltris have an API?
No public API is recorded for Veltris.