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Velocity Signs: The Shark Tank Success Story You Won't Believe

williamfaulkner December 08, 2024

Velocity Signs is a company that was featured on the TV show Shark Tank. The company's product is an LED sign that can display messages at high speeds. The sign is designed to be used in a variety of settings, including retail stores, restaurants, and sporting events.

On Shark Tank, Velocity Signs was able to secure a deal with Mark Cuban. Cuban was impressed with the company's product and its potential for success. Since appearing on Shark Tank, Velocity Signs has continued to grow and expand its product line. The company now offers a variety of LED signs, as well as other products such as digital menu boards and video walls.

Velocity Signs' success is a testament to the power of innovation and entrepreneurship. The company's product is a unique and valuable tool that can help businesses of all sizes to communicate with their customers more effectively. Velocity Signs is a shining example of how a small business can achieve great things with the right idea and the right team.

Velocity Signs Shark Tank

Velocity Signs is a company that manufactures and sells LED signs. The company was founded in 2014 by David and Jennifer Dulany. Velocity Signs appeared on the TV show Shark Tank in 2015 and received a deal from Mark Cuban.

Product: LED signs
Founders: David and Jennifer Dulany
Founded: 2014
Investment: $250,000 from Mark Cuban
Revenue: $1 million in 2016
Employees: 10
Location: Austin, Texas

Velocity Signs' LED signs are designed to be bright, eye-catching, and easy to read. The signs can be used for a variety of purposes, including advertising, marketing, and communication. Velocity Signs' customers include businesses of all sizes, from small businesses to Fortune 500 companies.

Velocity Signs is a rapidly growing company. The company's revenue has increased by more than 100% each year since its founding. Velocity Signs is also expanding its product line and geographic reach. The company recently launched a new line of digital menu boards and is planning to open new sales offices in several major cities.

Velocity Signs is a success story. The company's products are in high demand and the company is growing rapidly. Velocity Signs is a shining example of how a small business can achieve great things with the right product and the right team.

1. Product

The Velocity Signs LED signs are the foundation of the company's success. These signs are designed to be bright, eye-catching, and easy to read, making them ideal for a variety of purposes, including advertising, marketing, and communication. Velocity Signs' customers include businesses of all sizes, from small businesses to Fortune 500 companies.

High-quality construction: Velocity Signs' LED signs are made with high-quality materials and components, ensuring durability and longevity. The signs are also weather-resistant, making them suitable for both indoor and outdoor use.
Customizable: Velocity Signs' LED signs can be customized to meet the specific needs of each customer. Customers can choose from a variety of sizes, colors, and fonts. The signs can also be programmed to display different messages and animations.
Easy to use: Velocity Signs' LED signs are easy to install and operate. The signs come with a user-friendly software that makes it easy to create and manage content.
Affordable: Velocity Signs' LED signs are very affordable, making them a great value for businesses of all sizes.

Velocity Signs' LED signs are a key factor in the company's success. The signs are high-quality, customizable, easy to use, and affordable. These factors have made Velocity Signs a leading provider of LED signs for businesses of all sizes.

2. Founders

David and Jennifer Dulany are the founders of Velocity Signs. They are a husband-and-wife team who have a passion for helping businesses succeed. David has a background in engineering, and Jennifer has a background in marketing. Together, they have created a company that is dedicated to providing high-quality LED signs at an affordable price.

Entrepreneurial spirit: David and Jennifer are both entrepreneurs at heart. They are always looking for new opportunities to create products and services that can help businesses. They are not afraid to take risks, and they are always willing to try new things.
Customer focus: David and Jennifer are both very passionate about helping their customers. They want to make sure that every customer is happy with their Velocity Signs product. They are always available to answer questions and provide support.
Attention to detail: David and Jennifer are both very detail-oriented. They take pride in their work, and they want to make sure that every Velocity Signs product is perfect. They are always looking for ways to improve their products and services.
Teamwork: David and Jennifer work well together as a team. They have complementary skills and talents, and they are always supportive of each other. They are also able to communicate effectively with each other, which is essential for any successful business partnership.

David and Jennifer Dulany are the driving force behind Velocity Signs. Their entrepreneurial spirit, customer focus, attention to detail, and teamwork have all contributed to the company's success.

3. Founded

The founding of Velocity Signs in 2014 is a significant event in the company's history. It was the year that David and Jennifer Dulany turned their idea for a better LED sign into a reality. The company's early success was due in large part to the innovative design of their product and their commitment to customer service.

Since its founding, Velocity Signs has continued to grow and expand. The company has introduced new products, such as digital menu boards and video walls, and has expanded its geographic reach. Velocity Signs is now a leading provider of LED signs for businesses of all sizes.

The founding of Velocity Signs in 2014 was a key factor in the company's success. The company's early success allowed it to build a strong foundation and to develop a loyal customer base. Velocity Signs is now a well-established company with a bright future.

4. Investment

The investment of $250,000 from Mark Cuban was a significant event in the history of Velocity Signs. This investment allowed the company to scale its operations and expand its product line. Prior to the investment, Velocity Signs was a small company with limited resources. The investment from Mark Cuban allowed the company to purchase new equipment, hire more employees, and develop new products.

The investment from Mark Cuban also gave Velocity Signs a much-needed boost in credibility. Mark Cuban is a well-known and successful entrepreneur. His investment in Velocity Signs signaled to other investors that the company was a worthwhile investment. This helped Velocity Signs to raise additional capital and to secure partnerships with major retailers.

The investment from Mark Cuban was a key factor in the success of Velocity Signs. This investment allowed the company to grow and expand its operations. It also gave the company a much-needed boost in credibility. Velocity Signs is now a leading provider of LED signs for businesses of all sizes.

5. Revenue

Velocity Signs' revenue of $1 million in 2016 is a significant milestone in the company's history. This revenue milestone is a testament to the company's success and its ability to meet the needs of its customers.

Strong demand for LED signs: The demand for LED signs is growing rapidly. Businesses of all sizes are using LED signs to advertise their products and services, communicate with customers, and improve their overall marketing efforts. Velocity Signs is well-positioned to meet this growing demand.
High-quality products: Velocity Signs' LED signs are high-quality and durable. The signs are made with high-quality materials and components, and they are designed to withstand the elements. Velocity Signs' customers can be confident that their signs will last for years to come.
Excellent customer service: Velocity Signs is committed to providing excellent customer service. The company's customer service team is available to answer questions, provide support, and help customers get the most out of their LED signs.
Strategic partnerships: Velocity Signs has partnered with several major retailers, including Walmart and Home Depot. These partnerships have helped Velocity Signs to reach a wider audience and to increase its sales.

Velocity Signs' revenue of $1 million in 2016 is a reflection of the company's success. The company's strong demand for LED signs, high-quality products, excellent customer service, and strategic partnerships have all contributed to its success.

6. Employees

The fact that Velocity Signs has only 10 employees is a testament to the company's efficiency and productivity. With such a small team, Velocity Signs is able to keep its overhead costs low and pass the savings on to its customers. Additionally, the small team size allows Velocity Signs to be nimble and responsive to the needs of its customers.

For example, when a customer needs a custom LED sign, Velocity Signs can quickly design and produce the sign without having to go through a long and bureaucratic process. This allows Velocity Signs to provide its customers with the best possible service.

The small team size also allows Velocity Signs to maintain a high level of quality control. Each employee is responsible for a specific task, and they take pride in their work. This ensures that every Velocity Signs product is made to the highest standards.

Overall, the fact that Velocity Signs has only 10 employees is a key factor in the company's success. The small team size allows Velocity Signs to be efficient, productive, and responsive to the needs of its customers.

7. Location

The location of Velocity Signs' headquarters in Austin, Texas, plays a significant role in the company's success. Austin is a major hub for technology and innovation, and it is home to a large pool of skilled workers. This gives Velocity Signs access to a talented workforce that can help the company develop and produce high-quality LED signs.

Access to talent: Austin is home to a large number of engineers, designers, and other skilled workers. This gives Velocity Signs access to a talented workforce that can help the company develop and produce high-quality LED signs.
Culture of innovation: Austin is a city with a strong culture of innovation. This is due in part to the presence of the University of Texas at Austin, which is one of the leading research universities in the country. The culture of innovation in Austin helps Velocity Signs to stay on the cutting edge of LED sign technology.
Proximity to suppliers: Austin is located in close proximity to a number of suppliers of LED signs and components. This gives Velocity Signs access to the raw materials it needs to produce its signs.
Favorable business climate: Austin has a favorable business climate for startups and small businesses. This is due in part to the city's low taxes and regulations. The favorable business climate in Austin helps Velocity Signs to keep its costs low and to reinvest in its business.

Overall, the location of Velocity Signs' headquarters in Austin, Texas, is a key factor in the company's success. Austin's large pool of skilled workers, culture of innovation, proximity to suppliers, and favorable business climate all contribute to Velocity Signs' ability to develop and produce high-quality LED signs.

FAQs about Velocity Signs Shark Tank

Here are some frequently asked questions about Velocity Signs Shark Tank:

Question 1: What is Velocity Signs?

Velocity Signs is a company that manufactures and sells LED signs.

Question 2: Who founded Velocity Signs?

Velocity Signs was founded by David and Jennifer Dulany.

Question 3: When did Velocity Signs appear on Shark Tank?

Velocity Signs appeared on Shark Tank in 2015.

Question 4: Did Velocity Signs get a deal on Shark Tank?

Yes, Velocity Signs received a deal from Mark Cuban.

Question 5: How much money did Velocity Signs get on Shark Tank?

Velocity Signs received $250,000 from Mark Cuban.

Question 6: What is Velocity Signs' revenue?

Velocity Signs' revenue is $1 million.

Summary: Velocity Signs is a successful company that manufactures and sells LED signs. The company was founded in 2014 by David and Jennifer Dulany. Velocity Signs appeared on the TV show Shark Tank in 2015 and received a deal from Mark Cuban.

Next steps: If you are interested in learning more about Velocity Signs, you can visit their website at velocitysigns.com.

Tips from Velocity Signs Shark Tank

In 2015, Velocity Signs appeared on the TV show Shark Tank and received a deal from Mark Cuban. Since then, the company has continued to grow and expand its product line. Here are some tips that you can learn from Velocity Signs' success:

Tip 1: Have a great product or service. Velocity Signs' LED signs are high-quality, customizable, and easy to use. This makes them a valuable tool for businesses of all sizes.

Tip 2: Be passionate about your business. David and Jennifer Dulany, the founders of Velocity Signs, are passionate about helping businesses succeed. This passion is evident in everything they do, from the design of their products to their customer service.

Tip 3: Be willing to work hard. Building a successful business takes hard work and dedication. David and Jennifer Dulany have put in long hours to make Velocity Signs a success.

Tip 4: Be persistent. There will be challenges along the way, but it is important to be persistent and never give up on your dreams.

Tip 5: Be open to feedback. Velocity Signs is always looking for ways to improve their products and services. They are open to feedback from their customers and are always willing to make changes.

Summary: By following these tips, you can increase your chances of success in business. Velocity Signs is a shining example of how a small business can achieve great things with the right product, the right team, and the right attitude.

Next steps: If you are interested in learning more about Velocity Signs, you can visit their website at velocitysigns.com.

Conclusion

Velocity Signs' appearance on Shark Tank was a major turning point for the company. The investment from Mark Cuban allowed Velocity Signs to scale its operations and expand its product line. Since then, Velocity Signs has continued to grow and expand, and is now a leading provider of LED signs for businesses of all sizes.

Velocity Signs' success is a testament to the company's strong product, passionate team, and commitment to customer service. By following Velocity Signs' example, you can increase your chances of success in business.