venVelo

Richard Licursi, as CEO and President, leads investment decisions at venVelo. Co-founder Peter McAlindon contributes to deal sourcing and community relationships through his role at Rollins College. Michael Wolsonovich Jr., as Treasurer and VP, oversees the firm's real estate and private equity holdings, while board member Clay Biddinger provides strategic guidance, particularly on energy-related investments through his operating experience at Kenyon Energy.

Yes. venVelo operates a hybrid platform that deploys capital into early-stage venture deals across technology sectors while simultaneously managing a commercial real estate portfolio through affiliated entities. The real estate holdings, concentrated in the Southeastern United States, are managed by Michael Wolsonovich Jr. and Jon Sahn. This dual mandate is unusual for an asset manager of venVelo's scale and more closely resembles a family office architecture.

venVelo sources deals primarily through its Central Florida network, anchored by the annual Venture Plan Competition run in partnership with Rollins College Crummer Graduate School of Business. The firm co-invests frequently with New World Angels, a Florida-based angel network, suggesting shared deal flow and syndication relationships. Board memberships in Orlando, Inc. and the Downtown Orlando Breakfast Rotary Club provide additional local sourcing channels.

No. venVelo is structured as an independent asset manager, though its hybrid venture-and-real-estate model and associated family foundations resemble the architecture of a multi-generational family office. The Wolsonovich Family Foundation and Biddinger Family Foundation operate as separate philanthropic entities tied to venVelo principals, but the firm itself functions as a generalist investment company open to external co-investors.

venVelo maintains a strategic partnership with Rollins College Crummer Graduate School of Business through the annual Venture Plan Competition, which provides a pipeline of early-stage companies and student entrepreneurs. Co-founder Peter McAlindon serves as Entrepreneur-in-Residence at Rollins, embedding the firm directly into the university's entrepreneurial ecosystem. This relationship functions as a proprietary deal-sourcing mechanism distinct from the broader Florida angel network.