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Velocity Ventures

About

The firm invests in visionary entrepreneurs who are reshaping the Travel & Hospitality sector, with a focus on tech-enabled companies across Accommodation, Food & Beverage, Retail & Experiences, Travel Services and Transportation sub-sectors.

Travel & Hospitality in Southeast Asia is built on strong fundamentals.

The role of Travel & Hospitality in SEA

  • 4 of 11 unicorns come from Travel & Hospitality
  • Travel & Tourism accounts for 12.1% of GDP & 13.3% of employment in the region
  • Travel & Hospitality was the fastest growing sector in Southeast Asia (+7%) pre-COVID
  • Approx. 5000 – 6000, diverse Travel & Hospitality 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

  • Innovation: Driving rapid technology adoption in Travel & Hospitality, by investing in startups, from Seed to Series A, that are:
  • High Growth
  • Regionally Scalable
  • Tech Enabled
  • Transformative
  • Opportunity: Helping proven businesses from Series A & above, currently impacted by COVID-19 to return to growth. They tend to have:
  • Existing Brand Equity
  • Consistent Growth
  • Established Margins
  • Larger Teams

Our Value Add

We provide our portfolio companies with the deep sector-specific full spectrum of support and assistance.

  • Hands-On Approach: 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.
  • Extensive Network: We partner with established corporates & veterans within Southeast Asia’s Travel & Hospitality industry to enable you to build a strong network within the community.
  • Enabling Growth: 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!

Our Approach

We follow a proprietary, data-led approach to evaluate potential investments based on:

  • Business Opportunity
  • Team
  • Strategic Portfolio Fit
  • Product
  • Capital Efficiency
  • ESG

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