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Drs Kiran & Pallavi Patel Family Office
Founded in 2019 by cardiologist-entrepreneur Kiran C. Patel and his wife Pallavi Patel, the Tampa-based office grew out of decades of building and exiting...
Drs Kiran & Pallavi Patel Family Office
Founded in 2019 by cardiologist-entrepreneur Kiran C. Patel and his wife Pallavi Patel, the Tampa-based office grew out of decades of building and exiting scaled managed-care platforms including Freedom Health and WellCare HMO. The family's wealth creation stemmed from operating physician-led insurance networks before transitioning the proceeds into a diversified family-office structure managed by the next generation — son Shilen Patel as executive and daughter Sheetal Patel as chief operating officer. The portfolio mixes direct co-investments and SPVs with real estate, sports franchises, and a fund-of-funds sleeve, deploying across early-stage venture rounds, private equity, and mission-related investments. Sector allocations cluster around healthcare services, digital health, climate technology, enterprise software, and sports. Confirmed positions include the JW Marriott Clearwater Beach Hotel, the Wyndham Grand Clearwater Beach, and the India Cultural Center (ICC) in Tampa. Geographic exposure reaches North America, Europe, Asia, Africa, and South America — reflecting a mandate wide enough to follow operator-led diligence wherever it leads. Operations run through the Patel family's next generation and extended principals. Shilen Patel, who also chairs West Bromwich Albion (WBA) Football Club, co-founded the TiE Tampa Bay Angel Fund and serves as a University of South Florida trustee. COO Sheetal Patel is vice president of the Charity Polo Classic. The office's adjacent structures include a trio of foundations — most notably the Drs Kiran & Pallavi Patel 2017 Foundation For Global Understanding — that run in parallel to the investment entity, alongside the family's commercial real estate portfolio and the India Cultural Center mixed-use development in Tampa. A distinctive feature is the office's structural duality as both a family-backed limited partner and a start-up platform for next-generation operators. Shilen Patel's West Bromwich Albion chairmanship embeds live sports-operating feedback into the investment process, while the TiE Tampa Bay Angel Fund co-founded by Shilen scratches early-stage network access that typical multi-family offices purchase through external relationships. This architecture keeps sourcing internal and operator-informed rather than consultant-filtered.
General information
Firm type
Single Family Office
Year founded
2019
Location
Region
North America
Country
United States
City
Tampa
Corporate office
Tampa, FL, United States
Principals
Dr. Kiran C. Patel
Founder
Dr. Pallavi Patel
Founder
Shilen Patel
Executive of the Family Office and Chairman of WBA
Sheetal Patel
COO of the Family Office
Ashish Patel
Business Partner
Sector focus
Frequently asked questions
Who runs investment decisions at the office?
Dr. Kiran C. Patel and Dr. Pallavi Patel serve as founders. Shilen Patel acts as Executive of the Family Office. Sheetal Patel serves as COO.
How does the office source proprietary deal flow?
Shilen Patel co-founded and chairs the TiE Tampa Bay Angel Fund. Family members maintain board roles at the University of South Florida and the Charity Polo Classic.
Does the office participate in fund commitments or only direct deals?
The office uses direct co-investments, SPVs, fund-of-funds, private equity and real estate. Confirmed holdings include commercial properties in Clearwater Beach.
What investment stages does the office typically target?
Confirmed stages include Early Stage, Seed and Series A. Technology focuses cover AI/ML, Biotech and Enterprise Software.
Where does the underlying wealth come from?
Capital stems from exits of managed-care businesses including WellCare HMO and Freedom Health built by the physician founders.
Does the office maintain philanthropic structures?
Yes. Vehicles include the Drs Kiran & Pallavi Patel 2017 Foundation For Global Understanding, the Drs. Kiran & Pallavi Patel Family Foundation and the Shilen and Parita Patel Family Foundation.
What is the office's known posture on co-investments alongside external GPs?
The office executes direct co-investments and SPVs alongside fund-of-funds commitments. Geographic coverage spans five continents.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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