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Michael Melikian

Managing Partner at 305 Ventures

Miami Beach, Florida

Overview 

Michael Melikian is the Co-Founder and Managing Partner at 305 Ventures, specializing in investments in various sectors including Consumer Health, Entertainment & Sports, and Web3/Blockchain. With a background in Economics from the University of Southern California, he has successfully built strategic partnerships and invested in promising startups such as Betr, Global Child, and Flexbase, showcasing his expertise in sales management and entrepreneurship.

Work Experience 

  • Co-Founder / GP & Managing Partner

    2021 - Current

    305 Ventures is an early stage venture fund focused on investing in and accelerating this influx of talent focused on Florida technology startups. Our team’s broader mission is to capture and accelerate economic growth outside of Silicon Valley.

305 Ventures is a venture capital investment firm.

  • Partner / Investor / Advisor

    2021

    Founded in 2022 by Joey Levy and Jake Paul, Betr is the first direct-to-consumer micro-betting focused sports betting company. Betr has also launched a new media venture for the next generation of sports fans. Betr is setting out to disrupt legacy gambling and legacy media, with a mission of making sports and betting betr.

  • Investor / Advisor

    2024

    Founded by Jake Paul. Fresh-smelling, vitamin-infused body care, built for the win. Now available @walmart

W is the men's personal care brand.

Raised $14,000,000.00 from Range Group, Durk Banks, Shrug Capital, John Fieldly, Carter Reum, UpHonest Capital, Quiet Capital, Palm Tree Crew, Michael Rubin and Nick Kyrgios.

  • Investor / Advisor

    2021

    Flexbase helps construction businesses get paid faster and manage their cashflow. Through automation, Flexbase reduces the time it takes to get paid. Custom discounts, as well as automated legal actions, further shorten collection periods. Flexbase is also revolutionizing construction cash-flow by providing one-click working capital for faster access to funds with partnerships with 85+ lenders, and built-in credit cards to eliminate expense tracking and reconciliation.

Flex is an end-to-end finance ecosystem for businesses.

Raised $123,000,000.00 from Home Depot Ventures, Dualcore, MS&AD Ventures, Companyon Ventures, Florida Funders, AAF Management Ltd., Sidecar Angels and Team Ignite Ventures.

  • Co-Founder / Investor / Advisor

    2016

    Global Child TV is a world travel show for millennials that uses social media to connect and experience the world. We have ten half hour shows in 4k all over the world based around amazing activities from climbing Kilimanjaro in Tanzania, to scuba diving the Great Barrier Reef in Japan, to hot air ballon rides over Russia. You've never seen a show like Global Child TV before. Check out our Season 1 on Amazon Prime here!: https://www.amazon.com/dp/B07K81YXQM

  • Investor

    2021

    PrizePicks is the largest independently owned Daily Fantasy Sports (DFS) platform in North America. Centered around real-money over/under predictions, PrizePicks allows sports fans to play against the numbers rather than each other, and it is the simplest variety of daily fantasy sports with the widest breadth of sports coverage of any DFS operator.

PrizePicks is a Daily Fantasy Sports (DFS) platform that covers sports betting in a wide variety of leagues.

Raised $850,000.00 from Atlanta United.

  • Investor

    2021

    Underdog Fantasy is the fastest growing sports fantasy company ever. The company brings the same amazing team who started, built and sold “Draft” (May 2017). They offer a series of fantasy sports games where entries can pay to enter and win cash prizes at the end of the game.

Underdog Fantasy is platform designed for drafting football lineups for fantasy leagues.

Raised $45,000,000.00 from Electric Feel Ventures, BlackRock and Acies Investments.

  • Investor

    2020

    Simplebet is a B2B product development company using machine learning and automation to make every moment of every sporting event a betting opportunity. We are also reimagining the sports betting user experience – enabling sports fans to interact with products that are simple, intuitive, and entertaining.

Simplebet turns every moment of every sporting event into a betting opportunity.

Raised $87,366,421.00 from Data Tech Fund, Eberg Capital, SBNY, Anti Fund, Sprint Vc and Junction Venture Partners.

  • Investor

    2022

  • Investor

    2022

    Lucra is a peer-to-peer sports gaming platform that allows fans to compete with their friends on player performances across a variety of sports using real money. Lucra allows its users to wager and smack talk with their friends in a fun, safe, and approachable way. Lucra's average wager size is $10 amongst friends, and all you need is a dollar to get in the action. You can now download in the iOS store in 34 states. Lucra is changing the way you engage with friends around sports by introducing a new social and approachable sports gaming experience.

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