- B2B
- Early StageStartup in initial stages
- Website
- Location
- Company size
- 1-10 people
- Total raised
- $1M
- Company type
- StartupCorporation
- Markets
Vessix careers
Vessix provides operations software and virtual credit card technology to fuel suppliers, FBO's, flight departments, charter operators, airlines and international trip planners across the globe.
Vessix has developed a pilot app, merchant portal and other tools that are allowing them to scale their virtual credit card product rapidly. They're are currently issuing/selling virtual credit cards to many different types of aviation companies with their partner WEX (NYSE). The virtual technology allows aviation companies to control spend, receive real-time data, eliminate invoicing and reduce nearly 100% of fraud. To date with WEX, they've issued 100 million in credit to fuel companies, charter operators and trip planners. Vessix is on track to hit 250 million in spend by Q4 2016 and 1 Billion + in spend by Q2 2017.
The goal is to take over issuing + acquiring in aviation & use the software it develops to control it. They currently have fortune 500 clients and large deals signed.
Vessix has developed a pilot app, merchant portal and other tools that are allowing them to scale their virtual credit card product rapidly. They're are currently issuing/selling virtual credit cards to many different types of aviation companies with their partner WEX (NYSE). The virtual technology allows aviation companies to control spend, receive real-time data, eliminate invoicing and reduce nearly 100% of fraud. To date with WEX, they've issued 100 million in credit to fuel companies, charter operators and trip planners. Vessix is on track to hit 250 million in spend by Q4 2016 and 1 Billion + in spend by Q2 2017.
The goal is to take over issuing + acquiring in aviation & use the software it develops to control it. They currently have fortune 500 clients and large deals signed.
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Tom Perkins
Co-Founder @Vessix Co- Founded Phoenix Fuel, Phoenix grew to 500mm in sales. EVP XJet - FBO based in Denver w/ operations in Dubai. 25 yrs in aviation industry
Chris Bridges
Co-Founder @Vital Card Multiple startups in complicated industries (Payments & Finance). Born & Raised in Denver, Colorado.
Valuation
$5M
Funded over
1 round
Latest round
Seed (Apr 2015)
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