VMG Partners

VMG Partners is a San Francisco investment firm founded in 2005. Its own January 2026 announcement describes the firm as running two core investment funds, a consumer fund and a technology fund, rather than a single blended strategy; the firm's team page groups its people under Consumer, Technology, Ecosystem and Firm Operations. The consumer strategy backs consumer brands and the technology strategy is led separately, with Mike Mauze and Robin Tsai co-leading the firm as Managing Partners. No further fund families were confirmed on first-party pages, so any additional growth or catalyst vehicles are recorded as unverified rather than named.

AUM 66/100 Power Score™ 2005 Founded San Francisco, CA
Consumer Products Consumer Technology
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Key Partners & Leadership

Mike Mauze
Co-Founder and Managing Partner
Robin Tsai
Managing Partner
McConnell Smith
General Partner, Consumer
Angad Hira
Partner, Chief Financial Officer and Chief Operating Officer
Carle Stenmark
General Partner
Wayne Wu
General Partner
Indy Guha
General Partner

Firm Timeline

2005
VMG Partners is founded, per the firm's January 2026 announcement which states the firm was 'founded in 2005'.
2026
On 20 January 2026 the firm announces that Robin Tsai is elevated to Managing Partner to co-lead alongside co-founder Mike Mauze, that McConnell Smith is promoted to General Partner, Consumer, and that Angad Hira is promoted to Partner, Chief Financial Officer and Chief Operating Officer.