VP
Vijen Patel
Founding Partner at The 81 Collection
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Work Experience
Founding Partner
Jan 2022 - Present · 2 years and 11 months
Co-Owner
Apr 2021 - Present · 3 years and 8 months
Advisor
Jul 2020 - Jun 2021 · 11 months
Company Details
2-10 Employees
We are the founders fund for un-sexy industries. We seek to back entrepreneurs transforming boring trades, hard work, unpleasant spaces, and structural inequity. Businesses in these industries still attract less seed funding at lower valuations because venture believes these industries are still low margin, capital intensive, difficult to scale, and full of red tape, respectively. However, this narrative will soon flip. Automation is transforming services into goods businesses, and mass-produced hardware can now create beautiful, individual experiences. Start-ups will transform low growth and low margin industries into high growth and high margin ones. As we look around, 19% of GDP attracts more than 50% of venture capital activity. 81% of the U.S. GDP is starved of innovation and it’s now possible to fully digitize these industries. Dream big, and we'll have your back.
Year Founded
2021
Social Media
Linkedin
Industry
Venture Capital and Private Equity Principals
HQ Location
Chicago, IL, US
Keywords
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