Velvet Sea Ventures

Velvet Sea Ventures

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Investment Firm

Overview

Velvet Sea Ventures is a venture capital firm that helps entrepreneurs turn their visions into reality. With more than 80 years of combined experience as founders and venture investors and more than $2.2 billion invested, the firm provides seed-to-growth stage capital investments coupled with strategic support across all sectors. Velvet Seas partners’ past investments include such notable companies as Twitter (TWTR), Square (SQ), SpaceX, Snap Inc. (SNAP), Facebook (FB), Pinterest (PINS), Domo (DOMO), Buzzfeed, Namely, Eaze, Braze, and Map Anything (CRM).

Highlights

Founded

2020

Industry

Financial Services

Employees

1-10

Investment

24

Lead Investment

11

Exits

1

Stages

Early Stage Venture, Seed, Late Stage Venture

Investor Type

Venture Capital

Location

New York, New York, United States, North America

Contact Information

Social

Profile Resume

Velvet Sea Ventures, established in 2020 and headquartered in New York, New York, United States, North America., specializes in Early Stage Venture, Seed, Late Stage Venture investments across Artificial Intelligence (AI), Employment, Compliance, Staffing Agency, Internet, Venture Capital, Finance, Consumer, Business Development, Financial Services. The organization boasts a portfolio of 24 investments, with an average round size of $60.1M and 1 successful exits. Their recent investments include KarmaCheck, NextView Ventures, Parameter Ventures, PruVen Capital, AAF Management Ltd.. The highest investment round they participated in was $135.9B. Among their most notable exits are KarmaCheck and NextView Ventures. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Michael Lazerow

Michael Lazerow

Co-founder and Managing Partner

imagePlace Kass Lazerow

Kass Lazerow

Co-Founder & Partner

Investment portfolio

Velvet Sea Ventures has made 24 investments. Their most recent investment was on Jun 27, 2024, when KarmaCheck raised $45.0M.

Velvet Sea Ventures has made 4 diversity investments. Their most recent diversity investment was on Jul 19, 2022, when Healthie raised $16.0M.

investments

24

Diversity investments

4

Lead investments

11

Number of exits

1

Investments

24

Annouced DateOrganization NameIndustryMoney Raised
Jan 31, 2024
Splash Sports Splash Sports
Sports14.1M
Feb 12, 2024
LeoLabs LeoLabs
Software29.0M
Jun 20, 2024
Gynger Gynger
Information Technology20.0M
Jun 27, 2024
KarmaCheck KarmaCheck
Artificial Intelligence (AI)45.0M

Exits

1

Funding Timeline

Funding rounds

24

Investors

0

Funds

0

Funding Rounds

24

Velvet Sea Ventures has raised 24 rounds. Their latest funding was raised on Jun 27, 2024 from a Series B - KarmaCheck round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jan 31, 2024
Series A - Splash Sports Series A - Splash Sports
-14.1M-
Feb 12, 2024
Venture Round - LeoLabs Venture Round - LeoLabs
-29.0M-
Jun 20, 2024
Series A - Gynger Series A - Gynger
-20.0M-
Jun 27, 2024
Series B - KarmaCheck Series B - KarmaCheck
-45.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

Invest in industries

Recent Activity

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