Velocitor Solutions acquired NextBillion.ai, a global provider of AI-powered routing and optimization solutions.
“We are thrilled to welcome NextBillion.ai into the Velocitor Solutions family,” says Richie Pacella, president and co-founder, Velocitor Solutions. “This complete acquisition aligns perfectly with our mission to empower businesses through innovation. NextBillion.ai’s scalable, AI-driven mapping technologies will enhance our current offerings and open new avenues for growth and customer success.”
Key takeaways:
· With the integration of NextBillion.ai’s AI and geospatial solutions, Velocitor Solutions is positioned to deliver even greater value to clients in logistics, transportation, field services, and other sectors that depend on intelligent, real-time location data.
· As part of Velocitor Solutions, NextBillion.ai will leverage expanded resources to accelerate product innovation, scale faster, and broaden its global reach.
“Joining forces with Velocitor Solutions is a pivotal moment for NextBillion.ai,” says Ajay Bulusu, co-founder of NextBillion.ai. “Together, we are positioned to deliver transformative AI-driven mapping, routing, and navigation technologies that solve complex business challenges on a global scale.”
