venVelo

venVelo is a venture capital firm established in 2012 and based in Orlando, Florida. It focuses on supporting entrepreneurs by guiding them through a structured program that emphasizes effective business operations and successful go-to-market strategies. venVelo is building a network of experienced mentors who are successful entrepreneurs themselves, ensuring that portfolio companies receive tailored guidance based on real-world experiences. By matching industry experts with the specific needs of their portfolio companies, venVelo aims to foster growth and enhance the potential for success in the information technology and media sectors.

Allen Kupetz

COO and Board Member

Allen Kupetz

COO

Richard Licursi

CEO

Peter McAlindon

Co-Founder and Chief Community Officer

16 past transactions

Kalogon

Seed Round in 2022
Kalogon specializes in innovative smart seating solutions for the medical, aviation, and automotive sectors, focusing on addressing health issues related to prolonged sitting. The company’s Advanced Pressure Management System (APMS) incorporates adaptive customizations and ambient adjustments to create a unique seating experience that enhances comfort and reduces fatigue. Their products are backed by clinical research, with the first offering, Orbiter, receiving multiple awards since its launch in 2022. In 2023, Kalogon introduced Booster, an air cushion accessory for wheelchairs, and in 2024, they launched Orbiter Med, a custom cushion designed to improve posture and skin integrity for wheelchair users, which has received Medicare coding. Kalogon’s technology is currently being piloted by the US Air Force in various airframes to enhance crew performance. By collaborating with a diverse range of clients, Kalogon adapts its core technologies to improve comfort and promote healthy tissue across different environments.

Urban SDK

Seed Round in 2021
Urban SDK, Inc. specializes in developing software that enhances mobility systems for smart cities. Founded in 2018 and based in Atlantic Beach, Florida, the company offers a software as a service platform that integrates real-time location analytics with predictive capabilities. This platform assists public agencies and policymakers in making informed decisions by providing tools for data visualization, performance tracking, and analysis of mobility patterns. Urban SDK's technology helps reduce traffic congestion, improve accessibility, and predict safety incidents using machine learning. The platform also features a data marketplace that automates performance dashboards, enabling transportation authorities to visualize and interpret significant data on traffic, parking, and pedestrian movement, thereby enhancing operational efficiency and safety outcomes.

Switchboard Live

Seed Round in 2017
Switchboard Live Inc. operates a live audience network that connects advertisers and brands with targeted viewers across various online channels. The company specializes in live video and social media management, enabling content creators to manage their live streams and extend their reach to online audiences. Its offerings include a solution called Producer, which allows brands to access audiences tailored to their budget and demographics, and Joicaster, a stream-sharing tool that consolidates live chats into a unified cross-platform experience. The company serves a diverse range of content creators in fields such as entertainment, government, gaming, worship, sports, podcasts, and keynote events. Founded in 2014 and based in Philadelphia, Pennsylvania, Switchboard Live was previously known as Joicaster Inc. before rebranding in February 2016.

Stax

Series B in 2017
FattMerchant, Inc. provides online credit card processing services. The company allows business owners to gain access to credit card processing at direct cost. It offers virtual terminal solution that processes and manages telephone and face-to-face transactions in real-time; point of sale retail solutions; E-commerce solutions; and NPC mobile card reader that allows users to accept payments. FattMerchant, Inc. was founded in 2014 and is headquartered in Orlando, Florida.

Actionable Quality Assurance

Pre Seed Round in 2017
Actionable Quality Assurance simplifies the task of quality assurance and food safety management to improve the quality and safety of every dining experience, and in doing so, measurably reduce the number of consumers suffering from food borne illnesses every year.

Details Flowers

Seed Round in 2016
Details Flowers, LLC, based in Ormond Beach, Florida, specializes in developing a digital design tool for florists and event designers globally. Founded in 2014, the company provides a platform that streamlines the process of organizing floral arrangements for special events. Its innovative software significantly reduces the time required to create flower proposals, cutting it from six hours to just twenty minutes. By leveraging valuable data, Details Flowers aims to minimize waste and enhance profitability within the traditional $25 billion floral industry. The platform facilitates connections between florists, growers, wholesalers, and distributors, positioning itself as a vital marketplace in an evolving landscape where traditional florists face competition from supermarkets and online retailers. Through its advanced features and user-friendly design capabilities, Details Flowers is set to transform the floral design and event planning sectors, benefiting both florists and suppliers alike.

Vigilant Biosciences

Series B in 2016
Vigilant Biosciences, Inc. is a medical technology company based in Fort Lauderdale, Florida, focused on the early detection and intervention of oral cancer. Founded in 2011, the company develops non-invasive screening solutions, particularly through its OncAlert product line, which includes point-of-care and lab-based tests designed to be simple, accurate, and cost-effective. The tests utilize patented technology to measure a combination of biomarkers associated with oral cancer, specifically through an oral rinse procedure that is easy for patients and healthcare practitioners to administer. Key products include the OncAlert Oral Cancer RAPID Test, the OncAlert Oral Cancer LAB Test, and the OraMark Test. These products have received CE Mark certification and are available in select international markets, with continued plans for availability in the United States through a CLIA certified laboratory. Vigilant Biosciences aims to empower healthcare providers to improve patient outcomes through earlier cancer detection.

Stax

Series A in 2016
FattMerchant, Inc. provides online credit card processing services. The company allows business owners to gain access to credit card processing at direct cost. It offers virtual terminal solution that processes and manages telephone and face-to-face transactions in real-time; point of sale retail solutions; E-commerce solutions; and NPC mobile card reader that allows users to accept payments. FattMerchant, Inc. was founded in 2014 and is headquartered in Orlando, Florida.

Switchboard Live

Pre Seed Round in 2015
Switchboard Live Inc. operates a live audience network that connects advertisers and brands with targeted viewers across various online channels. The company specializes in live video and social media management, enabling content creators to manage their live streams and extend their reach to online audiences. Its offerings include a solution called Producer, which allows brands to access audiences tailored to their budget and demographics, and Joicaster, a stream-sharing tool that consolidates live chats into a unified cross-platform experience. The company serves a diverse range of content creators in fields such as entertainment, government, gaming, worship, sports, podcasts, and keynote events. Founded in 2014 and based in Philadelphia, Pennsylvania, Switchboard Live was previously known as Joicaster Inc. before rebranding in February 2016.

Stax

Seed Round in 2015
FattMerchant, Inc. provides online credit card processing services. The company allows business owners to gain access to credit card processing at direct cost. It offers virtual terminal solution that processes and manages telephone and face-to-face transactions in real-time; point of sale retail solutions; E-commerce solutions; and NPC mobile card reader that allows users to accept payments. FattMerchant, Inc. was founded in 2014 and is headquartered in Orlando, Florida.

Spectrum Bridge

Venture Round in 2015
Spectrum Bridge is a privately held, telecommunication software company focused on making bandwidth more readily available to enterprises and consumers. The company's core business is providing greater availability and access to wireless bandwidth and the efficient allocation of spectrum within a wireless network. The company creates intellectual property (IP) and software applications, operates a spectrum exchange, and provides complete spectrum allocation solutions. Its patented technology provides wireless networks with the ability to dynamically access available spectrum via a database-driven cognitive network architecture.

Zentila

Venture Round in 2015
Zentila, Inc. operates a software-as-a-service (SaaS) platform that streamlines the venue sourcing and booking process for corporate and third-party meeting and event planners. Founded in 2011 and based in Orlando, Florida, Zentila offers several solutions including Enlightenment, which assists planning teams in sourcing venues, and Bliss, an electronic request for proposal (eRFP) tool that simplifies the hotel booking process for various levels of meeting planners. Additionally, the company provides illuminate3P for third-party planners and ZenDealz, which offers customized hotel deals. By enabling online booking for meetings and conventions, Zentila addresses the traditional offline methods that dominate the meetings industry, which is valued at $45 billion. Its user-friendly platform allows both professional and part-time planners to efficiently manage meetings of all sizes while enhancing transparency in meeting expenditures. Zentila generates revenue through a commission paid by hotels for bookings made through its platform. As of June 2016, Zentila operates as a subsidiary of eTouches, Inc.

Vigilant Biosciences

Series B in 2015
Vigilant Biosciences, Inc. is a medical technology company based in Fort Lauderdale, Florida, focused on the early detection and intervention of oral cancer. Founded in 2011, the company develops non-invasive screening solutions, particularly through its OncAlert product line, which includes point-of-care and lab-based tests designed to be simple, accurate, and cost-effective. The tests utilize patented technology to measure a combination of biomarkers associated with oral cancer, specifically through an oral rinse procedure that is easy for patients and healthcare practitioners to administer. Key products include the OncAlert Oral Cancer RAPID Test, the OncAlert Oral Cancer LAB Test, and the OraMark Test. These products have received CE Mark certification and are available in select international markets, with continued plans for availability in the United States through a CLIA certified laboratory. Vigilant Biosciences aims to empower healthcare providers to improve patient outcomes through earlier cancer detection.

flexEngage

Seed Round in 2014
flexEngage, Inc. develops a receipts management software and digital receipts worldwide. Its software enables retailers to monitor spending habits and shopping trends and help customers to manage their returns/exchanges, business expense reports, taxes, and personal finances in digital version; and eliminates paper receipts. The company’s software also allows retailers to add social media links, videos and customized offers to digital receipts. In addition, its products include digital receipts, printed offers, curbside, e-commerce notifications, order tracking, and packing slips. flexEngage, Inc. was formerly known as flexReceipts, Inc. and changed its name to flexEngage, Inc. in January 2019. The company was incorporated in 2010 and is based in Orlando, Florida. flexReceipts, Inc. operates as a subsidiary of Omniverse Group Inc.

flexEngage

Seed Round in 2014
flexEngage, Inc. develops a receipts management software and digital receipts worldwide. Its software enables retailers to monitor spending habits and shopping trends and help customers to manage their returns/exchanges, business expense reports, taxes, and personal finances in digital version; and eliminates paper receipts. The company’s software also allows retailers to add social media links, videos and customized offers to digital receipts. In addition, its products include digital receipts, printed offers, curbside, e-commerce notifications, order tracking, and packing slips. flexEngage, Inc. was formerly known as flexReceipts, Inc. and changed its name to flexEngage, Inc. in January 2019. The company was incorporated in 2010 and is based in Orlando, Florida. flexReceipts, Inc. operates as a subsidiary of Omniverse Group Inc.

Kairos

Series A in 2014
Kairos AR, Inc. is an artificial intelligence company based in Miami, Florida, that specializes in face recognition and behavior analysis. Founded in 2010, the company provides developers with a range of software tools, including a cloud-based face recognition API and a crowd analytics SDK. These tools enable the integration of advanced face recognition capabilities and real-world analytics into applications, allowing organizations to identify characteristics such as age, gender, and focus from images or videos. Additionally, Kairos offers a server-based emotional analysis API that recognizes facial emotions and expressions. The company's IMRSV solution provides marketers with continuous audience analytics through a camera-enabled platform. By leveraging computer vision and machine learning, Kairos AR aims to simplify face analysis technology for businesses, enhancing their interactions with customers while addressing concerns related to data control, security, and privacy.
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