Velox
Velox is a Toronto-based private software company providing digital solutions for radiology and cardiology practices. Founded in 2013 and operating as Velox Imaging, the company develops technology-based products targeting clinical imaging workflows in these two medical specialties.
- Company typePrivate
- Founded2013
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Velox does
Velox (operating as Velox Imaging) is a private Canadian software company headquartered in Toronto that develops digital solutions intended to improve radiology and cardiology practices. Founded in 2013, the company positions its offerings as "state-of-art technology" targeting clinical workflows in these two adjacent medical imaging specialties. The company maintains a public web presence at veloximaging.com.
With a workforce of 11–50 employees, Velox operates at an early-to-mid stage scale consistent with a niche healthcare software vendor. However, the specific product modules, underlying technical architecture (e.g., cloud vs. on-premise deployment), integration footprint, and any AI/ML components are not described in the available source material. The website itself discloses no product detail beyond company branding, and there is no evidence of patents, regulatory clearances (e.g., Health Canada / FDA), certifications, named customers, or partnership agreements in the input data.
Velox's revenue model, pricing structure, go-to-market motion, customer segmentation, and ownership structure are also not documented in the available inputs. No funding rounds, capital raises, M&A activity, leadership bios, or expansion signals have been disclosed, leaving significant gaps in assessing the company's commercial mechanics, unit economics, and growth trajectory. The firm appears to be a bootstrapped, privately-held small-cap healthcare software vendor with limited public disclosure.
Velox firmographics
Firmographics- Name
- Velox
- Website
- https://veloximaging.com
- Company type
- Private
- Founded year
- 2013
- Headcount range
- 11–50 employees
- Short description
- Velox is a Toronto-based private software company providing digital solutions for radiology and cardiology practices. Founded in 2013 and operating as Velox Imaging, the company develops technology-based products targeting clinical imaging workflows in these two medical specialties.
- Ownership category
- akta.pro rank
Velox industry classification
Industry- Product category
- Medical Imaging Software
- NAICS
- Software Publishers (513210), Custom Computer Programming Services (541511), Diagnostic Imaging Centers (621512)
- SIC
- Services-Computer Programming Services (7371), Services-Health Services (8000)
- akta.pro primary industry
- Imaging Workflow Orchestration & Modality Worklist (MWL)/Scheduling (HLACALAE)
- akta.pro secondary industries
- Cardiology Telemedicine Platforms (HLALAGAB), Quality, Peer Review & Compliance Tools (MQSA/ACR/QA) (HLACALAL)
Keywords
Where Velox is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Markets served
Velox business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Velox product offering
Product offeringCore offering
Velox is a software company that develops and provides digital solutions based on state-of-the-art technology to improve radiology and cardiology practices. The company's offerings target diagnostic imaging workflows for medical practitioners and imaging centers.
Differentiator
Problem solved
Functional benefit
Products and services
- Velox Imaging Platform
Companies that use Velox
Customer profileIdeal customer profiles1 record
Velox technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Velox competitors and assessment
Company assessmentEmerging players
- HeartFlow: Cardiology-focused imaging AI company providing non-invasive coronary analysis. Comparable in serving cardiology practices with advanced imaging software, though differentiated by its AI-clinical-diagnostic focus rather than workflow tools.
Broad incumbents
- Merge Healthcare (Merative): Long-established imaging-IT vendor (now under Merative) providing PACS, RIS, and cardiology imaging solutions. Comparable as an incumbent offering overlapping radiology and cardiology software products within a broader healthcare portfolio.
- Agfa HealthCare: Enterprise imaging IT vendor with PACS, RIS, and cardiology imaging workflow products. Comparable in selling imaging-IT software into the same hospital and ambulatory radiology/cardiology customer base.
- Carestream Health: Provides radiology IT, PACS, and enterprise imaging solutions as part of a broader medical-imaging portfolio. Comparable in offering overlapping radiology workflow software, but with deeper resources and broader hardware/service reach.
- Philips Radiology Informatics: Imaging-IT suite from Philips covering PACS, advanced visualization, and cardiology informatics. Comparable because it competes for the same radiology and cardiology software budgets, though bundled with much broader medical-imaging hardware and services.
Direct peers
- RamSoft: Toronto-based imaging software vendor offering PACS, RIS, and teleradiology workflows. Highly comparable given its Toronto location, similar scale, and focus on radiology workflow software sold to outpatient imaging centers and small hospitals.
- Mach7 Technologies: Vendor of Vendor Neutral Archive (VNA) and enterprise imaging workflow solutions. Direct comparable in enterprise imaging informatics serving radiology and cardiology departments with workflow orchestration software.
- Intelerad Medical Systems: Montreal-based vendor of PACS, RIS, and enterprise imaging workflows for radiology and cardiology practices. Direct comparable because it sells overlapping imaging-IT software to similar specialty practices and competes for the same mid-sized ambulatory and hospital customers.
- Visage Imaging: Provides enterprise imaging software including PACS and diagnostic viewers for radiology and other specialties. Comparable as a software-only imaging-IT vendor competing in similar workflow and viewer segments.
- Sectra: Provides enterprise imaging IT including PACS, VNA, and cardiology imaging workflows. Directly comparable because it targets the same radiology/cardiology customer base with similar software-centric solutions, though at much larger scale.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat1 record
Key risks6 records
Key highlights5 records
Customer concentration
Velox social profiles
Digital presenceVelox financial estimates
Financial estimateRevenue estimate
Valuation estimate
Velox leadership team
Management profileNumber of profiles
Velox funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Velox M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Velox
What does Velox do?
Velox is a software company that develops and provides digital solutions based on state-of-the-art technology to improve radiology and cardiology practices. The company's offerings target diagnostic imaging workflows for medical practitioners and imaging centers.
When was Velox founded?
Velox was founded in 2013. It employs 11 to 50 people.
Where is Velox based?
Velox is headquartered in Toronto, Canada, in the North America region.
Who are Velox's main competitors?
HeartFlow is listed as an emerging player. Broad incumbents are Merge Healthcare (Merative), Agfa HealthCare, Carestream Health and Philips Radiology Informatics. Direct peers are RamSoft, Mach7 Technologies, Intelerad Medical Systems, Visage Imaging and Sectra.
Does Velox have an API?
No public API is recorded for Velox.
What industry is Velox in?
Velox's product category is Medical Imaging Software. Its primary akta.pro industry code is HLACALAE, Imaging Workflow Orchestration & Modality Worklist (MWL)/Scheduling, with a secondary code of HLALAGAB, Cardiology Telemedicine Platforms. Its NAICS code is 513210 and its SIC code is 7371.