Velocity Ventures is a venture capital firm investing across Southeast Asia. The firm invest in visionary entrepreneurs who are reshaping the Hospitality & Travel sector, with a focus on tech-enabled companies across Accommodation, Food & Beverage, Retail & Experiences, Travel Services and Transportation sub-sectors.
Hospitality & Travel in Southeast Asia is built on strong fundamentals.
The role of Hospitality & Travel in SEA
- 4 of 11 unicorns come from Southeast Asia
- Travel & Tourism accounts for 12.1% of GDP & 13.3% of employment in the region
- Hospitality & Travel was the fastest growing sector in Southeast Asia (+7%) pre-COVID
- Approx. 5000 – 6000, diverse Hospitality & Travel startups in the region
Growing demand & spending power in SEA
- Growing middle class emerging in Southeast Asia
- Higher spending power leading to increased demand for Travel, F&B and new experiences
Opportunity for digitalisation in the sector
- Highest rate of mobile travel bookings globally (60%)
- Mobile penetration (56%)
Key Investment Themes Emerging from COVID-19
Driving rapid technology adoption in Hospitality & Travel, by investing in startups, from Seed to Series A, that are:
Helping proven businesses from Series A & above, currently impacted by COVID-19 to return to growth. They tend to have:
Existing Brand Equity
“All VCs have cash to invest, but we feel that it’s the time and expertise we invest that creates the most value for our portfolio companies. Our entrepreneurial experience allows us to help with all the growing pains our portfolio companies have to overcome”.
Founder & Operating Partner
Our Value Add
We provide our portfolio companies with the deep sector-specific full spectrum of support and assistance.
From setting up the company to providing extensive insights through our team’s sector-specific expertise, we strive to support you every step of the way.
We partner with established corporates & veterans within Southeast Asia’s Hospitality & Travel industry to enable you to build a strong network within the community.
Through connections with relevant partners & industry players, we help structure future fund raises to give founders like you the best chance of closing the next round.
Collaborative Work Environment
We provide office space free of charge for the first 12 months – including internet, meeting rooms and great coffee!
We follow a proprietary, data-led approach to evaluate potential investments based on:
Strategic Portfolio Fit
If you are the founder of a Hospitality & Travel startup in Southeast Asia, get in touch with us.
+65 6297 5361
33 Maude Road
#02-01 YTC Building