Private Equity

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SuperLayer

Kevin Chou and Mahesh Vellanki's venture studio SuperLayer co-founds consumer Web3 projects, with over 300K daily active on-chain users across its portfolio.

SuperLayer logo

SuperLayer

SuperLayer is an SEC-registered investment adviser in Palo Alto, CA, registered since 2022. It is based there.

General information

Firm type

Private Equity

Year founded

2021

Location

Region

North America

Country

United States

City

Palo Alto

Corporate office

Palo Alto, CA, United States

Principals

Kevin Chou

Managing Partner

Mahesh Vellanki

Managing Partner

Michael Li

Chief Technology Officer

Gary Coover

COO

Saad Rizvi

Chief Product Officer

Renee Wong

Chief Financial Officer

Sector focus

GamingCrypto

Frequently asked questions

Who runs investment decisions at SuperLayer?

Managing Partners Kevin Chou and Mahesh Vellanki lead the firm. Chou is a multi-exit gaming founder known for Kabam, Rally, and Forte. Vellanki co-founded Rally and Forte and previously invested in consumer internet companies as a venture capitalist at Redpoint Ventures. Decisions on which internal projects to co-found and fund appear to rest with the managing partners and the studio leadership team.

How does SuperLayer source its deal flow?

SuperLayer does not source deals externally in a traditional venture sense. It operates as a venture studio, developing project ideas in-house from concept through launch. The firm brings in co-founders to lead these projects and supplies them with pre-seed funding, domain expertise, and key partnerships rather than evaluating inbound pitch decks.

Is SuperLayer a fund or an operating company?

SuperLayer is structured as a venture studio, which blends elements of both. It deploys its own capital and resources to co-found and build projects internally, but the capital is directed into new ventures that are incubated by the studio team. The firm does not market itself as a fund raising outside limited partner capital, focusing instead on studio economics.

What investment stages does SuperLayer target?

The firm targets the earliest stage: zero to one. SuperLayer co-founds projects, providing pre-seed funding and operational resources to take a concept from idea to initial launch and scaling. There is no indication the studio participates in later-stage follow-on rounds as a financial investor; its value-creation model is tied to company formation.

Where does SuperLayer's capital come from?

The source of SuperLayer's studio capital is not publicly disclosed. The firm's website highlights its own principals' track records and an angel network of backers, but does not specify whether the pre-seed funding for projects comes from a committed vehicle, balance-sheet capital of the founders, or external strategic partners.

How does the studio model affect portfolio concentration risk?

Because SuperLayer co-founds a concentrated number of projects and embeds its own team members into them, the firm carries more project-specific operational risk than a diversified venture fund. Success depends on a small number of consumer Web3 applications achieving high user adoption. The firm does not publicly disclose the number of active projects or the failure rate, limiting external assessment of concentration.

What is SuperLayer's posture on token launches versus equity?

SuperLayer employs a Head of Token Economics, indicating that token design and potentially token launches are integral to its project playbook. The firm's projects operate on-chain, with metrics reported in on-chain transactions and daily active users. How tokens are distributed between the studio, co-founders, and external communities has not been detailed publicly.

Profile maintained by 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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