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Latif Peracha

General Partner at M13

New York, New York

Overview 

Latif Peracha is a General Partner at M13 in New York City, overseeing investments in various stages and sectors, including Consumer Internet and Enterprise. With an impressive background in venture capital and corporate development, he has held key positions at companies like Virgin, Hard Rock Hotel & Casino, and IAC/Ticketmaster, and has invested in notable startups such as Form Health and Lightning Labs.

Work Experience 

  • General Partner

    2019 - Current

    M13 is a venture capital firm focused on early stage technology companies with $1.1B of assets under management

M13 provides strategic counsel and operational expertise to help founders grow their companies.

Raised $5,512,500.00 from Manhattan West.

  • Independent Board Director - VGAC II

    2021

    Independent Director for VGAC II, a $402.5M SPAC sponsored by The Virgin Group

  • Advisory Board Member - University of Michigan School of Information

    2020

  • Managing Director

    2011 - 2019

    Managing Director responsible for the US portfolio for Virgin Management, Sir Richard Branson's Investment Vehicle. Portfolio included both direct-VC investments including Ring (AMZN), Slack (NYSE: WORK) and Capsule as well as Virgin-branded investments including Virgin Galactic, Virgin Orbit, and Virgin Hotels.

  • Board Member

    2018 - 2019

    Acquisition of the resort closed in March 2018 - Will launch under the Virgin brand after significant renovation

  • Board Observer

    2017 - 2019

    Control investment in space tourism business

Virgin Galactic is a commercial spaceline that develops commercial spacecrafts.

Raised $1,345,000,000.00 from Rahim Thawer and Boeing HorizonX Ventures.

  • Board Observer

    2017 - 2019

    Control investment in satellite launcher business

  • Board Member

    2015 - 2019

    Minority investment in leading MVNO in Latin America. Operations in Chile, Colombia and Mexico

  • Board Observer

    2015 - 2018

    Series B-E Investor in smart home security market leader. Acquired by Amazon in Q1 2018.

Ring is an outdoor home security that provides homeowners a line of preventative security doorbells and cameras.

Raised $203,700,000.00 from Felicis, DFJ Growth, Goldman Sachs Investment Partners, Richard Branson, TriplePoint Capital, Employee Stock Option Fund, American Family Insurance, Qualcomm Ventures, Shea Ventures and Virgin Group.

  • Director, Corporate & Business Development

    2008 - 2009

  • Analyst; Associate Director, Corporate & Business Development

    2005 - 2008

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