VSL Partners is a United States-based venture capital and private equity firm founded in 2014 and headquartered in Palo Alto, California. The firm specializes in providing financing solutions to shareholders of late-stage, high-growth, venture-backed companies prior to IPO. It offers non-recourse financing to employees and investors, enabling liquidity or facilitating the exercise of stock options without requiring immediate share sales. VSL Partners focuses on select pre-IPO companies, operating at the intersection of venture capital and structured finance. Its approach centers on providing flexible capital solutions tied to private company equity holdings.