Toronto Stock Exchange: VLN

How many employees work at Velan?

Velan, Inc. (VLN) has approximately 1,238 total employees worldwide as of December 2025, according to Revelio Labs workforce intelligence data. Velan's total headcount has declined 4.7% from 1,299 employees in 2023 to 1,238 in 2025.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published June 2026

Velan is hiring

Is Velan hiring right now?

Yes, Velan is actively hiring. Velan had 17 active job postings in 2025, a 21.1% decline from 2024 see job openings & hiring trends.

About Velan's Workforce

Velan, Inc. (VLN) is an Industrial Manufacturing company that employs 1,238 people worldwide as of December 2025. It is the 9th-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 4.7% from 2023 to 2025, down 2.0% year over year in 2025. It fell to a low of 1,225 in 2025 Q1 before recovering. Its workforce is concentrated most in Canada (53.8%), followed by India (18.3%) and France (12.7%), with Saudi Arabia, its fastest-growing location.

Velan's largest functional groups are Finance and Operations (46.1%), Sales and Marketing (27.5%), and Engineering (26.5%), with Finance and Operations growing fastest (up 0.8%). Median employee tenure is 7.0 years. The average salary is $55,004, ranging from a median of $57,000 in Northern America to $8,000 in Southern Asia.

Velan's active job postings fell 21.1% in 2025 to 17, with new postings per month cooling from 17 in 2023 to 14 in 2025. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

As of December 2025

Velan
workforce metrics

Headcount

1.2k

2.0% YoY

Avg. Salary

$55k

2.5% YoY

Tenure

7.0yr

0.3yr YoY

Growth Rate

-2.0%

0.5pts YoY

Hiring Rate

Attrition Rate

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Interactive chart of Velan annual worldwide employee count from 2023 to 2025.
  • Velan had 1,238 employees in 2025, a 2.0% decline (-26) from 2024.
  • Velan had 1,264 employees in 2024, a 2.6% decline (-33) from 2023.
  • Velan had 1,297 employees in 2023, a 0.7% increase (+9) from 2022.

Velan's total workforce has grown from 1,225 employees in 2025 to 1,238 in 2025. Velan's headcount peaked at 1,303 in 2023 before declining in 2025 and recovering through 2025.

Velan, Inc. — quarterly employee count (20232025)

YearQtrEmployeesYoY ChangeYoY %
2025Q41,238-26-2.0%
2025Q31,254+8+0.6%
2025Q21,241-27-2.2%
2025Q11,225-44-3.5%
2024Q41,264-33-2.6%
2024Q31,246-57-4.4%
2024Q21,268-35-2.7%
2024Q11,269-30-2.4%
2023Q41,297+9+0.7%
2023Q31,303+28+2.1%
2023Q21,303+15+1.2%
2023Q11,299+4+0.3%

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Canada accounts for the largest share of Velan's global workforce with approximately 54% of total employees, followed by India and France. Velan's headcount in Saudi Arabia is growing fastest among its major locations, up 33.4% year over year in 2025.

Velan employees by country — 2025

CountryEmployees% of TotalYoY %
Canada66353.8%-0.2%
India22518.3%+4.3%
France15712.7%+0.2%
United States887.2%-0.1%
Italy272.2%+0.0%
Portugal141.1%+0.1%
China120.9%+0.0%
Saudi Arabia110.9%+33.4%
Germany70.6%-28.0%
South Korea60.5%+0.0%

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Velan's largest employee groups are Finance and Operations (46.1%), Sales and Marketing (27.5%), and Engineering (26.5%).

Velan employees by department — 2025

DepartmentEmployees% of TotalYoY %
Finance and Operations56146.1%+0.8%
Sales and Marketing33427.5%-0.6%
Engineering32226.5%+0.7%

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Velan's average employee salary is $55,004 globally. Employees in Northern America receive the highest compensation. Pay is lowest in Southern Asia, at a median of $8,000.

Velan median employee salary by region — 2025 (USD)

RegionMedian Salary
Northern Europe$65,000
Northern America$57,000
Arab States$56,000
Western Europe$45,000
Eastern Asia$44,000
Southern Europe$37,000
Southern Asia$8,000

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Interactive chart of Velan annual active job postings from 2023 to 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 2025: 14 new roles/month, up from 13 in 2024 and 17 in 2023. New metric

Velan's hiring is slowing: active job postings fell 21.1% in 2025 to 17, with new postings per month cooling from 17 in 2023 to 14 in 2025.

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Revelio Labs tracks employee sentiment across Velan's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2025.

Overall

NegativePositive

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How fast is Velan growing?
In 2025, Velan's headcount shrank 2.0% to 1,238 employees, down from 1,264 in 2024.
Where are Velan employees located?
Most Velan employees are based in Canada (53.8% of headcount), followed by India and France.
What is the average salary at Velan?
The average employee salary at Velan is approximately $55k per year.
How many people does Velan hire per year?
In 2025, Velan opened roughly 168 new roles — about 14 per month.
When was Velan founded and where is it headquartered?
Velan was founded in 1950 and is headquartered in Montreal, Canada.

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