The Velotix Files: How a $30M Israeli Cyber Startup Marketed Angel Investments While Its Employees Went Unpaid

Disclosure I am a former Velotix employee (October 2024 – May 2025). I filed the complaint with the Ministry of Labour referenced in this article. This piece is based on official government documents, court filings, archived web pages, and publicly available information. Where I draw on my own experience, I say so. This is Part 1 of the Velotix Files. Part 2 profiles the CEO. Part 3 examines the…