journey
Shareholder journey

Building Vela.

The story of building a verified purchase network.

Every chapter captures a milestone, experiment or lesson that has shaped Vela's journey.

Vela Today As at 28 August 2026
Consumer
£2.24m GMV
lifetime verified GMV · £2.1m in the last 29 days · 10.9K active members
Enterprise
Nestlé signed
Q4 activation contracted · £30k + £9k/mo · Dr Will's live
Platform
Pulse live
B2B insights dashboard · 5 brand teams active weekly
Network
6,027+ retailers
169,100+ products · verified purchase network growing daily
Latest chapter
Chapter 04
Faster than planned · August 2026
Current stage · maturity across the business Not a completion bar — a position indicator
Product
Advancing
Commercial validation
Building
Consumer growth
Building
Monetisation
Early
Scale
Nascent
Where the company sits on each dimension today — nascent on the left, mature on the right.
The latest chapter ● Newest
Chapter 04 · August 2026

Faster than planned.

We weren't expecting to write again this soon — the engine didn't stop.

Twenty days after Chapter 03 said scaling had begun, Vela has done £2.1m of verified GMV, hit a £99.5k record day, and grown PLUS from 36 to 150+ paying subscribers. This week, Nestlé signed. A short interim update on what's changed — and why it's brought our funding forward.

Read the latest chapter
£2.24m
lifetime verified GMV · £2.1m in the last 29 days
£99.5k
verified consumer spend in a single record day
150+
paying PLUS users · from 36 twenty days ago
6,027
retailers observed · 169,100 products in the network

Previous chapters

03 · older published chapters
Chapter 03 Early August 2026 · Interim update

Scaling Begins.

The first evidence of a repeatable consumer growth engine — the sails filling. A single organic Reddit post lit the referral loop and pulled Vela from steady growth into hundreds of new members a day.

£211k verified GMV / 8 days £41k peak day 2,600+ new members PLUS 0 → 36 subscribers
Read chapter → ~8–12 min read
Chapter 02 July 2026 · H1 shareholder update

The commercial inflection point.

Commercial validation, enterprise partnerships and the foundations of the next stage of growth.

Pulse shipped Nestlé Q4 agreed 4 Mastercard-introduced issuer pilots H&B category opened
Read chapter → ~10–20 min read
Chapter 01 2025 · Reewild shareholder update

Testing, then leverage.

The year we proved the mechanic works — and built the platform to scale it in 2026.

UCL × Compass × Mastercard pilot Strategic pivot into health Mastercard European prepaid thesis Bank-grade platform, Visa tension
Read chapter → ~6–8 min read

Company milestones

the foundations behind the chapters
01 · Research & Development
Finding the model · 2022—23
02 · Test & Learn
Proving the model · 2024—25
03 · Commercialisation
Scaling what works · 2026
Jan 2026

Rebrand · Reewild becomes Vela

Full company reset — new name, identity, tone of voice and consumer app in market. Read the deep-dive on the rebrand rationale.

Q4 2025

Mastercard partnership deepens

Onboarded as a Mastercard supplier and admitted to Start Path. First issuer conversations open across the UK and Europe.

H1 2025

First behavioural pilot proves the model

UCL × Compass Group × Mastercard pilot delivers first hard evidence that rewarding better choices measurably shifts consumer behaviour.

Jan 2025

Davos · Goals House · Mastercard TechLodge

At WEF 2025 with Goals House and on the Mastercard TechLodge roundtable — Powering the circular economy in the intelligent age. Featured in the Goals House Davos 2025 impact report.

Nov 2024

Mastercard Start Path · admitted to the programme

Admitted to Mastercard's global Start Path fintech programme in New York — the moment the Mastercard relationship became formal, and the issuer pipeline began to open.

Oct 2024

Hyderabad engineering team established

A wedding trip turned into an engineering office. Co-founder Rithin returned to India, hired and trained a team on the ground — cutting cost, roughly doubling ship velocity, and shifting the company from a UK-only cell to a distributed operating model.

Apr 2023

BBC Good Food · carbon-calorie recipe collection

Featured by Immediate Media (BBC Good Food) — bringing the reward-better-choices thesis to a mainstream UK food-and-drink audience and seeding the Immediate Media relationship that Vela now runs against.

Nov 2022

Houses of Parliament · industry panel

Panel inside the Houses of Parliament during the COP27 policy window — an early public-affairs moment for Reewild, into the room where the climate-policy conversation was happening.

Oct 2022

Microsoft AI for Environmental Sustainability Accelerator

Selected for Microsoft's AI for Environmental Sustainability Accelerator — validation from Microsoft at a moment when the model was still forming, and the opportunity to build alongside world-class AI experts.

Chapter Zero

Where it started · Reewild founded & the app goes live

Vela began as Reewild — a consumer app that rewarded better food and drink choices, built on the belief that if the systems around us recognised the healthier choices we already make, we'd make more of them. The app launched in mid 2023, modelled on Strava, MyFitnessPal and Fitbit. What we learned in the months that followed became the foundational thinking behind everything since.

Onwards.

The next chapter follows the Nestlé Q4 launch in late September.

Read the latest chapter