How many employees does Velan have?
Velan, Inc. (VLN) has approximately 1,266 total employees worldwide as of June 2026, according to Revelio Labs workforce intelligence data. Velan’s total headcount has declined 5.7% from 1,343 employees in 2023 to 1,266 in 2026.
Is Velan hiring right now?
Yes, Velan is actively hiring. Velan had 86 active job postings in 2026, a 112.7% increase from 2025 — see job openings & hiring trends.
About Velan’s Workforce
Velan, Inc. (VLN) is an Industrial Manufacturing company that employs 1,266 people worldwide as of June 2026. It is the 10th-largest by headcount among its peers. Founded in 1950, the company is headquartered in Montreal, Canada and trades on the Toronto Stock Exchange.
Velan's workforce has declined 5.7% from 2023 to 2026, down 0.2% year over year in 2026. It fell to a low of 1,249 in 2025 Q1 before recovering. Its workforce is concentrated most in North America (53.7%), followed by South Asia (23.5%) and Western Europe (15.0%).
Velan's functional groups are Finance and Operations (48.2%), Sales and Marketing (27.1%), and Engineering (24.6%), with Engineering growing fastest (up 1.3%). The average salary is $52,989, ranging from a median of $59,000 in North America to $8,000 in South Asia, down 1.6% year over year in 2026.
Velan's active job postings rose 112.7% in 2026 to 86, with new postings per month climbing from 12 in 2023 to 28 in 2026. Overall employee sentiment is negative and declining.
Sourced from Revelio Labs workforce data.
- Ticker
- Toronto Stock Exchange: VLN
- Headquarters
- Montreal, Canada
- Founded
- 1950
- Industry
- Industrial Manufacturing
- Employees
- 1,266
- YoY
- -0.2% (-2)
As of June 2026
Velan workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Velan. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsVelan Annual Employee Count (2023-2026)
Loading- Velan had 1,266 employees in 2026, a 0.2% decline (-2) from 2025.
- Velan had 1,252 employees in 2025, a 3.8% decline (-50) from 2024.
- Velan had 1,302 employees in 2024, a 2.6% decline (-35) from 2023.
- Velan had 1,337 employees in 2023, a 0.4% increase (+5) from 2022.
Velan's total workforce has grown from 1,249 employees in 2025 to 1,266 in 2026. Velan's headcount peaked at 1,343 in 2023 before declining in 2025 and recovering through 2026.
Velan, Inc. quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q2 | 1,266 | -2 | -0.2% |
| 2026 | Q1 | 1,253 | +4 | +0.3% |
| 2025 | Q4 | 1,252 | -50 | -3.8% |
| 2025 | Q3 | 1,269 | -4 | -0.3% |
| 2025 | Q2 | 1,268 | -36 | -2.8% |
| 2025 | Q1 | 1,249 | -54 | -4.1% |
| 2024 | Q4 | 1,302 | -35 | -2.6% |
| 2024 | Q3 | 1,273 | -70 | -5.2% |
| 2024 | Q2 | 1,304 | -46 | -3.4% |
| 2024 | Q1 | 1,303 | -50 | -3.7% |
| 2023 | Q4 | 1,337 | +5 | +0.4% |
| 2023 | Q3 | 1,343 | +29 | +2.2% |
See Velan's complete headcount history, including quarterly breakdowns.
Get the DataVelan Employee Count by Region (2026)
LoadingNorth America accounts for the largest share of Velan's global workforce with approximately 54% of total employees, followed by South Asia and Western Europe.
Velan employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 670 | 53.7% |
| South Asia | 293 | 23.5% |
| Western Europe | 187 | 15.0% |
| Southern Europe | 41 | 3.3% |
| East Asia | 26 | 2.1% |
| Arab States | 13 | 1.1% |
| Northern Europe | 8 | 0.7% |
| Southeast Asia | 6 | 0.5% |
| Central America and the Caribbean | 1 | 0.1% |
| Central and Western Asia | 1 | 0.1% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataVelan Employee Count by Department (2026)
LoadingVelan's employee groups are Finance and Operations (48.2%), Sales and Marketing (27.1%), and Engineering (24.6%).
Velan employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 607 | 48.2% |
| Sales and Marketing | 342 | 27.1% |
| Engineering | 310 | 24.6% |
Compare Velan's department mix to industry peers.
See Full DataVelan Employee Salary by Region (2026)
LoadingVelan's average employee salary is $52,989 globally. Employees in North America receive the highest compensation. Pay is lowest in South Asia, at a median of $8,000.
Velan median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| Northern Europe | $72,000 |
| North America | $59,000 |
| Arab States | $45,000 |
| Western Europe | $45,000 |
| East Asia | $42,000 |
| Southern Europe | $40,000 |
| South Asia | $8,000 |
Unlock salary by role, level, and city — and compare to Velan's industry peers.
Unlock Salary DataVelan Job Openings and Hiring Trends (2023-2026)
Loading- Velan had 86 active job postings in 2026, a 112.7% increase (+69) from 2025.
- Velan had 17 active job postings in 2025, a 21.1% decline (-4) from 2024.
- Velan had 21 active job postings in 2024, a 0% no change from 2023.
- Velan had 21 active job postings in 2023, a 68.8% decline from 2022.
- Hiring velocity in 2026: 28 new roles/month, up from 14 in 2025 and 14 in 2024.
Velan's hiring is accelerating: active job postings rose 112.7% in 2026 to 86, with new postings per month climbing from 12 in 2023 to 28 in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataVelan Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Velan's workforce based on public professional data. Overall sentiment is negative and has declined year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
Unlock SentimentSimilar Companies
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Frequently Asked Questions About Velan
- How fast is Velan growing?
- In 2026, Velan's headcount shrank 0.2% to 1,266 employees, down from 1,268 in 2025.
- See the full headcount history
- Where are Velan employees located?
- Most Velan employees are based in North America (53.7% of headcount), followed by South Asia and Western Europe.
- Explore where the workforce is based
- How many people work at Velan in North America?
- About 670 people work at Velan in North America, its largest region.
- See headcount by region
- What is the average salary at Velan?
- The average employee salary at Velan is approximately $53k per year.
- Analyze the salary distribution
- How many new job postings does Velan open per year?
- Through Q2 2026, Velan opened 168 new job postings. In 2025, Velan opened 171 new job postings — about 14 per month.
- Track hiring trends by role
- When was Velan founded and where is it headquartered?
- Velan was founded in 1950 and is headquartered in Montreal, Canada.
- Compare Velan to industry peers
Speak with a workforce expert about Velan.
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