Velon
AI-Powered Virtual Employees for Enterprise Procurement
StartupVelon is a Tel Aviv-Yafo-based startup in the Business Software sector, established in 2025. AI-Powered Virtual Employees for Enterprise Procurement. Velon was founded by Michael Gabay , Elon Hait , Dor Israeli, Jason Bursch. Key investors include The Garage. The company has 11-50 employees. Core technologies: Artificial Intelligence, Generative AI.
The company follows a B2B business model. Product stage: R&D.
- StageSeed
- ProductR&D
- ModelB2B
- Employees11-50
- HQTel Aviv-Yafo
- DistrictCenter District
- Last RoundUndisclosed
- The GarageLead
Michael Gabay Co-founder & CEO
Elon Hait Co-founder & COO
Dor IsraeliCo-founder & CTO
Jason BurschCo-founder & Strategy
What does Velon do?
Velon.ai offers a suite of AI-driven virtual employees designed to automate and enhance procurement operations within large enterprises. Its platform introduces digital agents—Natalie, Bob, and Sophie—each specialized in distinct procurement functions: category strategy and negotiation, tactical purchasing, and supplier management, respectively. These AI agents integrate seamlessly with existing enterprise resource planning (ERP) and source-to-pay systems, executing tasks such as supplier qualification, purchase order management, and contract negotiations autonomously. By leveraging advanced machine learning and natural language processing, Velon.ai enables organizations to streamline procurement processes, reduce operational costs, and improve decision-making accuracy. The platform's scalable architecture allows businesses to adjust AI employee capacity on demand, aligning with fluctuating procurement needs without increasing headcount.
Who founded Velon?
Velon was founded in 2025 by Michael Gabay (Co-founder & CEO), Elon Hait (Co-founder & COO), Dor Israeli (Co-founder & CTO), Jason Bursch (Co-founder & Strategy ).
What sector is Velon in?
Velon operates in Business Software, IT, R&D & Data Solutions, Data Analysis & Decision Support, with core technologies in Artificial Intelligence, Generative AI. Target customers: Enterprise & Professional Services, Enterprises.
Where is Velon located?
Velon is based in HaMasger St 35, Tel Aviv-Yafo, Israel, Center District.