About Vela Partners
Vela Partners is a venture capital firm founded in 2017. It is primarily based out of San Francisco, United States. As of Sep 2026, Vela Partners is an active investor, having invested in 42 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Seed round of RadiantOps Overall, Vela Partners portfolio has seen 6 acquisitions including key companies like Bear Robotics, Limitless and Golden. A lot of funds co-invest with Vela Partners, with names like Incubate Fund sharing a substantial percentage of its portfolio. Vela Partners has team of 8 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Deals in last 12 months
Vela Partners' List of Top Investments
Vela Partners has a portfolio of 42 companies. Their most notable investments are in Meditopia and Bito.Their portfolio spans across United States, Turkey, India and 4 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 15 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Vela Partners:Developer of autonomous mobile robots for various industries and applications. The company provides robots designed for use in restaurants, senior living facilities, hospitals, entertainment venues, hotels, and airport lounges. These robots also serve warehouses, factories, and ghost kitchens. The robots are engineered for efficient delivery on various surfaces and navigation in tight spaces.
Key facts about Bear Robotics
2. Huckleberry
Provider of mobile app for sleep monitoring. The app enables parents and individuals to track and monitor the sleep patterns of children. Also, it enables users to keep track of other factors such as temperature, medication, baby growth, and much more.
Key facts about Huckleberry
- Founded Year: 2018
- Location: Irvine (United States)
- Stage: Series A
- Total Funding till date: $16M
- Employee Count: 70 as on Sep 30, 2026
- Investors: Storm Ventures, Spero Ventures and 7 Others
- Latest Funding Round: Series A, Nov 04, 2021, $*****
- Highlight: Editors' Pick
3. Limitless
AI-powered platform offering personalized note-taking, transcription. Its flagship product is a wearable AI-powered device that records and transcribes meetings, notes, and conversations, allowing users to access and recall information.
Key facts about Limitless
- Founded Year: 2020
- Location: Denver (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $34.3M
- Employee Count: 57 as on Sep 30, 2026
- Investors: First Round Capital, Flucas Ventures and 10 Others
- Latest Funding Round: Series B, May 15, 2024, $*****
- Highlight: Acquired
4. Firefly
Firefly provides in-transit cab advertising and analytics platform. Enables local businesses to display ads on taxis. The drivers can earn money for generating impressions for the ads. It provides a proprietary situationally aware software designed for taxis. Also generates data related to air quality and the number of pedestrian movement.
Key facts about Firefly
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $51.5M
- Employee Count: 350 as on Sep 30, 2026
- Investors: Trinity Capital, StartX and 37 Others
- Latest Funding Round: Series A, Apr 09, 2021, $*****
- Highlight: Editors' Pick
5. Auxia
Key facts about Auxia
- Founded Year: 2022
- Location: Los Altos (United States)
- Stage: Series A
- Total Funding till date: $46.9M
- Employee Count: 91 as on Sep 30, 2026
- Investors: MUFG, Stage 2 Capital and 7 Others
- Latest Funding Round: Series A, Mar 04, 2025, $*****
Vela Partners' Year-on-Year Investment Trends
Vela Partners has invested in 42 companies over the last 9 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 4 investments, while as of Sep 2026, it has made 2 investments in this year. Its most recent first time investment was in RadiantOps and most recent follow-on round was in Nominal.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 3 | 1 | 4 |
2024 | 4 | 0 | 4 |
2023 | 0 | 2 | 2 |
2022 | 4 | 2 | 6 |
2021 | 2 | 0 | 2 |
2020 | 4 | 0 | 4 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
2017 | 1 | 0 | 1 |
Vela Partners' Investments by Stage
Vela Partners has made 14 investments in Seed stage with an average round size of $6.23M and 8 investments in Series A stage with an average round size of $14.3M.Stage of entry | No. of Investments |
|---|---|
Seed | 14 |
Series A | 8 |
Note: We have considered here, only first round of investments
Vela Partners' Investments by Sector
Vela Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, High Tech, Consumer and Vertical SaaS. Notably, it has invested in 39 Tech companies, 34 Software companies, 33 Enterprise (B2B) companies and at least 23 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 17 |
Enterprise Infrastructure | 6 |
High Tech | 4 |
Consumer | 3 |
Vertical SaaS | 3 |
Others | 17 |
Note: We have considered here, only first round of investments
Vela Partners' Investments by Geography
Vela Partners has made most investments in United States (17), followed by Japan where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 17 |
Japan | 1 |
South Korea | 1 |
Turkey | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Vela Partners' recent investments
Vela Partners has made 2 investments in 2026 so far - RadiantOps and ReFiBuy.Here are the most recent investments by Vela Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 20, 2026 | - | Seed | 6053 | [+3] | |
Apr 13, 2026 | United States | Seed | 7439 | ||
Sep 17, 2025 | United Kingdom | Seed | 2462 | [+7] | |
Jul 09, 2025 | United States | Series A | 3079 | [+4] | |
May 27, 2025 | United States | Seed | 2272 | [+2] |
Acquired companies in Vela Partners' Portfolio
6 companies from Vela Partners' portfolio have been acquired. The most recent acquisition was Limitless in Dec 2025 by Meta for $*****.Here are Vela Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 06, 2025 | - | - | 1912 | |
Jun 24, 2025 | - | - | 3042 | |
Jan 24, 2025 | Jan 22, 2020 | Series A | 5298 | |
Apr 24, 2024 | Sep 30, 2020 | Series A | 1087 | |
Jan 04, 2024 | - | - | 1830 |
Team profile of Vela Partners
Vela Partners has a team of 8 members including 3 Partners and 2 Venture Partners located in United States, Spain and 1 more location. Vela Partners' team does not sit on the board of any company as of now.Here is a list of all team members in Vela Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Izmir | - | ||
Partner | San Francisco | - | ||
Venture Partner | Madrid | - | ||
Venture Partner | - | - | - |
Co-investors of Vela Partners
Over the past 9 years, 203 investors have co-invested in Vela Partners's portfolio companies. This includes funds and angels.
- Invested before Vela Partners: Incubate Fund, Techstars and 32 others have invested in rounds before Vela Partners. There are 2 companies where Incubate Fund has invested before Vela Partners and 2 companies where Techstars has invested before Vela Partners.
- Top Co-investors of Vela Partners: 96 investors entered a company along with Vela Partners. These include investors like Incubate Fund (6 companies).
- Invested after Vela Partners: A total of 73 investors have invested in Vela Partners's portfolio after their investments. Top Investors include LG (1 company), Cleveland Avenue (1 company) and IMM Holdings (1 company).
Recent News related to Vela Partners
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Ex-Cognigo Founders Raise $20M Series A for AI Automation at CFOsCTech•Jul 09, 2025•Nominal, Next47, Workday Ventures, Bling Capital and 3 others
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Bito Raises $5.7 Million to Expand AI Code Review PlatformAiThority•May 27, 2025•Bito, Vela Partners, NextView Ventures, Maxitech and 1 other
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Auxia Raises $23.5 Million to Help Enterprises Better Use Customer DataVentureBeat•Mar 04, 2025•Auxia, VMG Technology, Google, Facebook and 13 others
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Vieu: AI-Based Sales Graph Company Raises $11 Million (Seed)Pulse 2.0•Oct 10, 2024•Vieu Labs, Trilogy Equity Partners, Incubate Fund India, Vela Partners
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Seattle startup Vieu raises $11M to reimagine B2B sales outreach, with help from AIGeekWire•Oct 03, 2024•Vieu Labs, Trilogy Equity Partners, Incubate Fund India, Vela Partners and 1 other
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Robotics startup Cartken raises $22.5M to advance autonomous navigationTech.eu•Jul 04, 2024•Cartken Robotics, 468 Capital, Incubate Fund India, LDV Partners and 6 others
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Nominal Raises $9.2M to Automate Accounting Workflows with Generative AI and Modernize ERPAlleyWatch•Mar 27, 2024•Nominalx, Bling Capital, Incubate Fund India, Vela Partners and 7 others
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LeakSignal Secures $1.6M in Seed Funding to Protect Data In-Transit Across Microservices and Modern ArchitecturesBusiness Wire•Mar 21, 2024•LeakSignal, Shasta Ventures, TFX Capital, Blu Venture Investors and 3 others
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Base Operations raises $9.1 million to boost global threat intelligenceHelp Net Security•Dec 22, 2023•Base Operations, Grotech Ventures, Spero Ventures, Vela Partners and 4 others
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Lightup Closes $9M Series A Funding RoundFinSMEs•Aug 02, 2023•Lightup, Andreessen Horowitz, Newland Ventures, S28 Capital and 3 others
