About venVelo
venVelo is a venture capital firm founded in 2012. It is primarily based out of Orlando, United States. As of Jul 2023, venVelo has invested in 16 companies. 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 Retail. Most recently it participated in the $***** Seed round of Urban SDK Overall, venVelo portfolio has seen 4 acquisitions including key companies like Stax, flexEngage and Zentila. A lot of funds co-invest with venVelo, with names like New World Angels sharing a substantial percentage of its portfolio. venVelo has team of 4 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio Acquisitions
venVelo's List of Top Investments
venVelo has a portfolio of 16 companies. Their most notable investments are in Kalogon Smart Cushion and Vigilant Biosciences.Their portfolio spans across and United States. They have invested in Enterprise Applications, High Tech, Retail and 15 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by venVelo:1. Kairos
Provider of AI-powered identity verification, document authentication, and biometric solutions. It offers tools for ID verification, liveness detection, and age estimation. The company's technology supports various industries, including financial services, online gaming, and adult entertainment. It helps businesses grow their user base while mitigating fraud.
Key facts about Kairos
- Founded Year: 2011
- Location: Miami (United States)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $19.6M
- Employee Count: 192 as on Sep 30, 2026
- Investors: Vesuvio Ventures, SoGal Ventures and 21 Others
- Latest Funding Round: Angel, Feb 19, 2019, $*****
- Highlight: Editors' Pick
2. Stax
Payment processing solutions for businesses. It offers all-in-one payment processing solutions to small and large enterprises. It offers solutions like Stax bill management, invoicing, Stax connect, Stax pay, contactless payment solutions, and more.
Key facts about Stax
- Founded Year: 2014
- Location: Orlando (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $264M
- Employee Count: 284 as on Sep 30, 2026
- Investors: HarbourVest Partners, Florida Opportunity Fund and 8 Others
- Latest Funding Round: Series D, Mar 09, 2022, $*****
- Highlight: Acquired
3. Urban SDK
Provider of geospatial artificial intelligence solutions for public sector applications. It provides tools, SDKs, and services for urban data analysis, geospatial insights, dashboard and mapping solutions, and visualization of city or municipal data. It targets government agencies, city planners, research organisations, and developers who need integrated tools for smart city data, planning dashboards, or real-time analytics.
Key facts about Urban SDK
- Founded Year: 2018
- Location: Jacksonville (United States)
- Stage: Series B
- Total Funding till date: $73.1M
- Employee Count: 74 as on Sep 30, 2026
- Investors: Riverwood Capital, Florida Opportunity Fund and 4 Others
- Latest Funding Round: Series B, Feb 05, 2026, $*****
- Highlight: Editors' Pick
Key facts about Kalogon Smart Cushion
- Founded Year: 2020
- Location: Cocoa (United States)
- Stage: Series A
- Total Funding till date: $10.5M
- Employee Count: 36 as on Aug 31, 2026
- Investors: Florida Opportunity Fund, AARP Innovation Labs and 10 Others
- Latest Funding Round: Series A, Apr 10, 2026, $*****
5. flexEngage
flexEngage is a personalized post-purchase communications solution for businesses. The company provides personalized transactional communications via customer engagement touchpoints like digital receipts, personalized printed receipts, order tracking/notification solutions, and more. Clients include Under Armour, GNC, Aldo, Oakley, and others. It offers the solution for businesses like the grocery store, pharmacy, restaurants, and more.
Key facts about flexEngage
- Founded Year: 2010
- Location: Orlando (United States)
- Stage: Acquired
- Total Funding till date: $12.1M
- Employee Count: 11 as on Aug 31, 2026
- Investors: Bullpen Capital, MacDonald Ventures and 16 Others
- Latest Funding Round: Series A, Jan 19, 2020, $*****
- Highlight: Acquired
venVelo's Year-on-Year Investment Trends
venVelo has invested in 16 companies over the last 13 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in ecoSPEARS and most recent follow-on round was in Urban SDK.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 1 | 2 |
2022 | 2 | 0 | 2 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 0 | 0 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
venVelo's Investments by Stage
venVelo has made 6 investments in Seed stage with an average round size of $1.59M, 4 investments in Series A stage with an average round size of $1.58M and 1 investment in Series B stage with an average round size of $5.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
venVelo's Investments by Sector
venVelo has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Retail, Vertical SaaS and High Tech. Notably, it has invested in 13 Enterprise (B2B) companies, 13 Tech companies, 10 Software companies and at least 7 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
FinTech | 3 |
Retail | 3 |
Vertical SaaS | 3 |
High Tech | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
venVelo's Investments by Geography
venVelo has made most investments in United States (11).venVelo's recent investments
venVelo has not made any investment in 2026 so far.Here are the most recent investments by venVelo:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 05, 2023 | United States | Seed | 5968 | ||
Feb 21, 2023 | United States | Seed | 3731 | - | |
Sep 23, 2022 | United States | Seed | 9917 | [+2] | |
Jan 27, 2022 | United States | Seed | 6969 | [+2] | |
Mar 15, 2017 | United States | Seed | 9624 | - |
Acquired companies in venVelo's Portfolio
4 companies from venVelo's portfolio have been acquired. The most recent acquisition was flexEngage in Apr 2022 by Klarna for $*****.Here are venVelo's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 15, 2022 | Mar 21, 2014 | Series A | 9649 | |
Dec 01, 2020 | Jun 16, 2015 | Seed | 7668 | |
Jun 01, 2016 | May 06, 2013 | Series A | 2808 | |
May 19, 2016 | - | - | 8918 |
Team profile of venVelo
venVelo has a team of 4 members including 2 Partners located in United States. venVelo's team does not sit on the board of any company as of now.Co-investors of venVelo
Over the past 13 years, 54 investors have co-invested in venVelo's portfolio companies. This includes funds and angels.
- Invested before venVelo: DeepWork Capital, Florida Opportunity Fund and 9 others have invested in rounds before venVelo. There is 1 company where DeepWork Capital has invested before venVelo and 1 company where Florida Opportunity Fund has invested before venVelo.
- Top Co-investors of venVelo: 13 investors entered a company along with venVelo. These include investors like New World Angels (1 company).
- Invested after venVelo: A total of 30 investors have invested in venVelo's portfolio after their investments. Top Investors include Florida Opportunity Fund (2 companies), Beyond Capital Markets (1 company) and E. Jay Saunders (1 company).
Recent News related to venVelo
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Urban SDK Raises New Financing RoundFinSMEs•Jul 06, 2023•Urban SDK, Govo Venture Partners, DeepWork Capital, Florida Opportunity Fund and 15 others
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Jax-based transportation data startup set to complete seed funding roundThe Business Journals•Jan 18, 2022•Urban SDK, venVelo
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Vigilant Biosciences Raises $5 Million Second Round Series B Financing | Vigilant BiosciencesVigilant Biosciences•Jul 11, 2016•Vigilant Biosciences, White Owl Capital, venVelo
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flexReceipts Completes YCombinator, Secures $2.5M in FundingflexEngage•Jun 29, 2016•flexEngage, PJC, Synchrony, Y Combinator and 5 others
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Fattmerchant Closes $1.4M Funding |FinSMEsFinSMEs•May 12, 2016•Fattmerchant, Wet Paint Ventures, Florida Angel Nexus, venVelo
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Tech.Co Deals Roundup: AOL Acquires Millennial MediaTech Cocktail•Sep 03, 2015•Fattmerchant, venVelo, Florida Opportunity Fund, The FAN Fund
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Vigilant Biosciences Closes $5.5 Million Series B Round of Funding | Vigilant BiosciencesVigilant Biosciences•Feb 24, 2015•Vigilant Biosciences, Florida Institute, White Owl Capital, venVelo
