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Key people at Velos Partners.
Velos Partners operates as a private equity firm, making growth and venture capital investments. The firm strategically targets companies that are innovating across the retail, health and wellness, and luxury and entertainment sectors. Velos Partners focuses on identifying businesses with strong potential for expansion, aiming to support their development and market presence within these dynamic consumer-oriented industries.
The firm was founded in 2013 by James Bailey and Parminder Basran. Their establishment of Velos Partners stemmed from a shared insight into the evolving landscape of consumer behavior and the opportunity to invest in businesses poised to capitalize on these shifts. This perspective informs their approach to fostering growth within companies at various stages in their development.
Velos Partners' portfolio companies serve a diverse consumer base by introducing new products, services, and experiences. The firm’s vision is to cultivate a collection of forward-thinking enterprises that are at the forefront of shaping how consumers interact with retail, engage with health solutions, and experience entertainment and luxury. It seeks to contribute to the next generation of consumer-focused market leaders.
Key people at Velos Partners.
Velos Partners is a consumer growth capital firm that invests in innovative startups at the intersection of consumer needs and technology, focusing primarily on sectors such as retail innovation, health and wellness, and luxury and entertainment. The firm targets early-stage companies, typically at seed and Series A rounds, aiming to back disruptive technologies and high-growth businesses that address evolving consumer demands. Velos Partners plays a significant role in nurturing startups that blend technology with consumer trends, thereby influencing the growth trajectory of these sectors within the startup ecosystem[1][2][4].
Founded in 2013 and headquartered in Beverly Hills, California, Velos Partners was established by key partners including James Bailey, Parminder Basran, Raj Ganguly, and Samrat Ganguly. The firm has evolved to focus on growth-stage investments in companies that have been operational for 2-3 years, typically investing in startups valued between $100 million and $500 million. Over the years, Velos Partners has built a track record of successful exits, notably around 2017, and maintains a consistent deal flow of 2-6 investments annually, primarily in the United States and occasionally in Asia[3][1].
Velos Partners capitalizes on the accelerating convergence of consumer behavior and technology innovation, riding trends such as digital retail transformation, personalized health and wellness solutions, and experiential luxury services. The timing aligns with increasing consumer demand for tech-enabled, personalized experiences, supported by market forces like digital adoption and health consciousness. By investing in companies that innovate at this nexus, Velos Partners helps shape the future of consumer markets and drives the evolution of tech-enabled lifestyle sectors.
Looking ahead, Velos Partners is poised to continue leveraging emerging consumer technology trends, including AI-driven personalization, wellness tech, and luxury digital experiences. Their focus on growth-stage companies positions them to influence the scaling of innovative startups that redefine consumer engagement. As consumer expectations evolve, Velos Partners’ strategic investments and operational support will likely enhance their impact on the startup ecosystem, reinforcing their role as a key growth capital partner in consumer technology sectors.
Velos Partners has 4 tracked investments across 3 companies. The latest tracked deal is $73.0M Debt / Series B in Surf Air in August 2014.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 13, 2014 | Surf Air | $73.0M Debt / Series B | Darius Mozaffarian | Dennis Phelps, Jared Leto, Rick J. Caruso, William Woodward, Anthem Venture Partners, Base Ventures, FF Venture Capital, Plus Capital |
| Jun 11, 2013 | ChowNow | $1.2M Other Equity | — | Daher Capital, Double M Partners, Karlin Ventures, Upfront Ventures |
| Jan 1, 2013 | ChowNow | $3.0M Series A | Steven Dietz | Bonfire Ventures, Crosscut Ventures, Kleiner Perkins, Launchpad Venture Group, MediaLink, Summit Partners, Anthony Saleh, KIM Perell, Richard Branson, Daher Capital, Double M Partners, Karlin Ventures |
| Oct 1, 2012 | Trumaker | $2.0M Seed | — | Costanoa Ventures, Redpoint Ventures, Gary Benitt, Gregory Waldorf, Alex Bard, Andy Dunn, David Tisch, Eniac Ventures, RRE Ventures, Venrock |