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Velvet Tech provides startups with software for customer onboarding, authentication, payments, and monetization.
Founded in 2023 and based in New York, US, Velvet Tech provides software infrastructure for startups to authenticate users, onboard customers, activate applications, and process one-time or recurring subscription payments. The platform is designed to support customer conversion and growth. In April 2023, it raised venture funding led by Chicago Ventures, with Diaspora Ventures, Dorm Room Fund, Everywhere Ventures, Gaingels, and Edit Motivate Venture Capital participating.
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