Velvet Sea Ventures
Emerging managerSEC-registered investment adviser.
- Website
- https://www.velvetseavc.com
- HQ
- FL
Velvet Sea Ventures is a multi-stage venture capital firm that helps entrepreneurs turn their visions into reality. Its current portfolio includes Scopely, eToro, Liquid Death, LeoLabs, Strigo, SuperRare, Elementus and Mercato, along with companies such as Healthie, Xona Space Systems, torre, Carda Health and Etched. Liquid Death makes non-alcoholic beverages, and Mercato is an e-commerce platform for independent grocers.
01 · Says / Does
| Tag | Says | Does | Historically (to 2020) |
|---|---|---|---|
| Stages | Seed, Series A, Series B, Growth | Not enough dated deals | None |
| Sectors | Not stated | Not enough dated deals | None |
| Regions | Not stated | Not enough dated deals | None |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
Historical focus (through 2020), derived from historical deal data.
| Year | Deals | Top sectors |
|---|---|---|
| 2019 | 1 | Devtools, Gaming |
| 2020 | 1 | Manufacturing |
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Traverse Ventures Fund I, LP Velvet Sea Ventures is a multi-stage venture capital firm that provides seed-to-growth stage capital investments across all sectors, coupled with strategic support for entrepreneurs turning visions into reality. Inferred from the firm's website | 2026 | $10.25M (Form D) | Raising |
| Velvet Sea Venture Capital Fund II, LP Velvet Sea Ventures is a multi-stage venture capital firm that provides seed-to-growth stage capital investments across all sectors, coupled with strategic support for entrepreneurs turning visions into reality. Inferred from the firm's website | 2021 | $69.1M (Form D) | Late investment period |
| Velvet Sea Venture Capital Fund LP | 2020 | $90.8M to $95.13M (Form D and SEC adviser filing) | Follow-ons only |
03 · People across funds
- John Giampetroni, Managing Director of General Partner of Issuer
Traverse Ventures Fund I, LP (Named on Form D); Velvet Sea Venture Capital Fund II, LP (Named on Form D); Velvet Sea Venture Capital Fund LP (Named on Form D)
- Katherine Rosa, Managing Director of General Partner of Issuer
Traverse Ventures Fund I, LP (Named on Form D); Velvet Sea Venture Capital Fund II, LP (Named on Form D)
- Kathryn Lazerow, Managing Director of General Partner of Issuer
Velvet Sea Venture Capital Fund II, LP (Named on Form D); Velvet Sea Venture Capital Fund LP (Named on Form D)
- Matthew Giampetroni, Managing Director of General Partner of Issuer
Traverse Ventures Fund I, LP (Named on Form D); Velvet Sea Venture Capital Fund II, LP (Named on Form D); Velvet Sea Venture Capital Fund LP (Named on Form D)
- Michael Lazerow, Managing Director of General Partner of Issuer
Velvet Sea Venture Capital Fund II, LP (Named on Form D); Velvet Sea Venture Capital Fund LP (Named on Form D)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://www.velvetseavc.com
- https://velvetseavc.com/contact/
- https://velvetseavc.com/news/
- https://velvetseavc.com/portfolio/
- https://velvetseavc.com/
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 28, 2026