LiveOak Venture Partners announced Friday it has added Ram Velidi of Dallas as a new venture partner.
Velidi has had extensive experience as a venture investor over two fund cycles at Sevin Rosen Funds. He also has experience working with entrepreneurs as an executive with Net.Orange/NantHealth and Xybridge/ZHNE. Velidi will focus on investments in the Dallas Fort Worth Metropolitan area.
“Ram has a lot of experience in buildling a sustainable and growing organization, but his humble coaching style makes me as the entrepreneur open to his ideas,” Gagan Sharma, founder and CEO of Dallas-based BSI Financial Services, said in a news release.
“The founders of LiveOak have had tremendous success investing in Dallas based companies while at Austin Ventures,” Venu Shamapant, founder and general partner of LiveOak Venture Partners, said in a news release. “We look forward to repeating that success at LiveOak. Having Ram on the ground in the DFW Metroplex will be a great way to accomplish exactly that.”
LiveOak, a $109 million fund based in Austin, was founded by Ben Scott, Krishna Srinivasan and Venu Shamapant, all formerly of Austin Ventures.