OV

Omi Velasco

Principal at Graphite Ventures

Calgary, Alberta

Overview 

Omi Velasco is currently serving as Principal at Graphite Ventures and Executive Director at the Venture Capital Association of Alberta (VCAA) in Calgary, Alberta. With a background in consulting and entrepreneurship, Omi has successfully co-founded and operated companies, including PirPos, which was later acquired, and Sandpearl Spa, demonstrating a strong track record in business development and venture investment.

Work Experience 

  • Principal

    2022 - Current

    Graphite Ventures is one of Canada's most active VC firms, investing in over 200 companies in the past decade. Here is a summary of our investment fund: Fund: $120M launched in Nov 2021 Geography: Canada only 🇨🇦 Sector: B2B enterprise software and capital efficient hardware, industry agnostic Revenue model: SaaS/recurring ideally Stage: Product market fit, post-revenue Traction: ~ $300K to $1.5M ARR typically (not hard numbers) Avg. Annual Contract Value: ideally over $12K Cheque size: $500K-$1M initial cheque, with $1M-$3M preserved for follow ons Lead preference: We lead, co-lead and can also follow Board observer in WaitWell, Ontopical, and InfinitySPM.

  • Personal Investments

    2016

    Venture capital and boring company deals.

  • Executive Director

    2022 - 2025

    The VCAA is the primary industry association for venture capital, private equity, and angel investors in Alberta. The VCAA creates opportunities for collisions that spur innovation, connections, and greater deal flow among venture capital industry players and related industries.

  • Late Co-founder & COO (Acquired)

    2021 - 2022

    PirPos was acquired by Loggro (www.loggro.com), a leading SaaS ERP for SMBs, in April 2022. PirPos is POS and inventory management software that helps thousands of restaurants run their businesses in Latin America.

  • Consultant, Technology Strategy & Architecture

    2017 - 2018

  • Business Technology Analyst

    2016 - 2017

    Led and supported process redesigns, technology deployments, and organizational transformations across IT, telecommunications, and oil & gas industries, driving efficiency, standardization, and digital transformation through platforms like ServiceNow and SAP S/4HANA.

Deloitte Tax is an advisory firm that provides tax preparation and advisory services.

  • Founder

    2014 - 2016

    Spa services on demand, primarily serving hotels without a spa onsite.

  • Franchise Owner

    2011 - 2012

    Residential painting business.

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