# Blue Star Innovation Partners: portfolio, investments and team

> Blue Star Innovation Partners is an accelerator based in United States. 1 investment on record, latest Apr 2019. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/blue-star-innovation-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Blue Star Innovation Partners

Last cheque observed Apr 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Accelerator Quiet

Seed Series A Growth Therapy Play VR

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **2755** days **00** hrs **00** min **00** sec

Median round **$22M** Cheque size, as they say **$3.0M – $35M** Rounds led **1 of 1** Sole investor **1 rounds**

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## Blue Star Innovation Partners highlights

- 01 1 rounds on record
- 02 Sole investor in 1 rounds, median $22M

## What they do

> Blue Star Innovation Partners ("BSIP") is a growth equity firm founded and run by founders focused on software and technology businesses. From their own website

- **Type:** Accelerator (from a list, unverified)
- **Cheque size:** $3.0M – $35M as they say
- **Stages:** Seed Series A Growth
- **Sectors:** Therapy Play VR
- **Based in:** Frisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2019** 1 round
- **Apr** **[Payrix](https://millionrounds.com/company/payrix)** US · Mobilepaymentstoday **$22M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **3 named**

DM **Daniel Mark Wechsler** CEO i Form ADV

LN **Linsey Noelle Gandy** Chief Compliance Officer & Controller i Form ADV

RS **Robert Scott Wechsler** Managing Member/President i Form ADV

We also hold **26** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$1.1B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** BSIP SLP GP, LLC
- **SEC number:** CRD 298964

Funds on its Form ADV

**16** private funds, **$860M** in gross assets · filed Apr 2024

- BSIP III, L.P. *Private equity* 40 investors $186M
- BSIP/STAY Co-Invest L.P. *Private equity* 5 investors $144M
- BSIP II, L.P. *Private equity* 4 investors $120M
- BSIP/STAY (PSG) Co-Invest L.P. *Private equity* 2 investors $88M
- Blue Star Innovation Partners, L.P. *Private equity* 3 investors $66M
- BSIP/PM (PSG) Co-Invest L.P. *Private equity* 2 investors $62M
- WFL Capital II, LLC *Private equity* 14 investors $54M
- BSIP/Sonar Co-Invest L.P. *Private equity* 11 investors $44M
- BSIP/OPAL Co-Invest L.P. *Private equity* 8 investors $37M
- WFL Capital, LLC *Private equity* 13 investors $26M

And 6 more on the filing.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 2 we have independently watched raise

CleverDesign Ledgerrun

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Seed Series A Growth

Median round joined **$22M** the round, not its cheque Alone, median **$22M**

Led 1 of 1 rounds **100%**

- **Said size:** $3.0M – $35M
- **Sole investor:** 1 rounds
- **Last cheque:** Apr 2019

Rounds by stage said on their site

- Seed said *-*
- Series A said *-*
- Growth said *-*

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## Recently backed

The latest companies Blue Star Innovation Partners put money into.

[**Payrix** $22M · Apr 2019](https://millionrounds.com/company/payrix)

## Quick answers about Blue Star Innovation Partners

### What does Blue Star Innovation Partners invest in?

Blue Star Innovation Partners says it invests in Therapy, Play and VR.

### How active is Blue Star Innovation Partners?

1 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Apr 2019.

### What has Blue Star Innovation Partners invested in recently?

Its most recent investments on record: Payrix (Undisclosed round, Apr 2019).

### How big are Blue Star Innovation Partners's cheques?

The median round it joins is $22M. It says it writes cheques of $3.0M to $35M.

### Is Blue Star Innovation Partners investing now?

No investments in the last 12 months; the latest was in Apr 2019.

### What kind of investor is Blue Star Innovation Partners?

Blue Star Innovation Partners is an accelerator based in Frisco, United States.

### How much does Blue Star Innovation Partners manage?

About $1.1B, as regulatory assets under management (Oct 2026).

### Where does this information on Blue Star Innovation Partners come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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