VMG Partners

VMG Partners

San Francisco, Californiavmgpartners.com

Overview

VMG Partners is a growth equity firm founded in 2005 to identify and support the growth of innovative companies into iconic brands that span generations. Headquartered in San Francisco, the firm invests through its two core funds, Consumer and Technology, and is guided by the thesis that progress and innovation will prevail over the status quo. VMG specializes in enterprise and founder partnerships that drive successful investments, mergers and acquisitions across beauty and personal care, food and beverage, health and wellness, pet, and technology that powers operational excellence for consumer brands.

Year Founded

2005

Portfolio Companies

36

Investments

CompanyDateStageLead
ScotchJun 2026Series ALead
BRAMIMay 2026Series BLead
GradialDec 2025Series BLead
LyricAug 2025Series BCo-investor
BoulevardJul 2025Series DCo-investor

Key People

Carle Stenmark

General Partner

Indranil Guha

General Partner

INDRANIL GUHA

General Partner

Michael Mauze

General Partner

Robin Tsai

General Partner

Aarti Kapoor

Partner, VMG Consumer

Alisa Carmichael

Partner

Brianna Rizzo

Ecosystem Partner

Jon Marshall

Partner

McConnell Smith

Partner

Sam Shapiro

Partner

Angad Hira

Partner And Chief Financial Officer

Maddy Dunn

Investor Relations Lead

Irenne Ighodaro

Consumer Investor

Jennifer Hwang

Consumer Investor

Jeremy Levy

Investor

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersSan Francisco, California
Year Founded2005

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