Capital One Ventures in its $25 million investment in Inspirato Incorporated

On August 8, 2023, Inspirato Incorporated (NASDAQ: ISPO), the innovative luxury travel subscription brand, announced that it has entered into a definitive agreement for a $25 million convertible note investment from Capital One Ventures as part of a new strategic partnership. The issuance of the convertible note is subject to certain closing conditions, including the entry into a commercial agreement between Inspirato and Capital One prior to the closing, and the receipt of Inspirato shareholder approval.

Wachtell, Lipton, Rosen & Katz is serving as legal advisor to Capital One.