Our Story

Sultan Ventures is a venture firm helping visionary founders build successful, long-lasting businesses by supporting them at every stage of their journey. This means we’re engaged from initial idea to long-term success. We provide pivotal resources via our network of experts and investors, while providing the hands-on expertise necessary to accelerate growth.

Over the years we’ve expanded our team to meet our mission of catalyzing startup growth in Hawaii and startup hubs across the country.

Sultan Ventures founded and manages XLR8UH, an award-winning Venture Accelerator investing in University of Hawaii entrepreneurs and technologies. XLR8UH has been featured in Forbes as one of the top 30 accelerators in the nation. Our team also manages the Upside Fund, which invests in UH intellectual property startups.


Professional ties with investors and experts across the globe


Our partners supply unparalleled value and expertise, allowing our companies to be a step ahead of the competition. We currently work with companies such as:


Whatever a startup needs, we have the talent to tackle it.

Omar Sultan

Managing Partner

Omar is the co-founder and managing partner of Sultan Ventures and XLR8UH. He has received numerous personal and professional accolades including being recognized in 2014 along with his brother Tarik, as the Hawaii Venture Capital Association’s Investors of the Year; in 2015 by Hawaii Business Magazine’s 20 for the next 20, and by Pacific Business...Read More

Tarik Sultan

Managing Partner

Tarik Co-founded Sultan Ventures and XLR8UH and along with his brother Omar is the recipient of the 2014 Hawaii Venture Capital Association’s (HVCA) Investors of the Year. Tarik serves as the Chair of Startup Hawaii, the regional chapter of Up Global (formerly Startup America) as a Board Member and Treasurer of the HVCA, a non-profit...Read More

Aya Sultan, MD PHD


Along with her brothers, Dr. Aya Sultan is also Founding Partner of Sultan Ventures. Dr. Aya Sultan recently opened Honu Women’s Health, a private Ob/Gyn and aesthetics practice dedicated to helping women achieve “Inner Health and Outer Beauty”. She has over 20+ years experience in medicine and research, which she utilizes extensively to provide her...Read More

Peter Rowan, XLR8UH

Peter Rowan

Angel in Residence

Peter Rowan was Corporate Vice President, New Ventures at Coinstar from 2001-2010. During his tenure, the company grew from $150 million to $1.3 billion in revenue, entered new lines of business and introduced innovative growth initiatives like its DVD kiosks, money transfer, and e-payment programs. At Coinstar, Peter led more than 20 acquisitions, investments and...Read More

Katarina Poljakova

Venture Associate

Kate was born and raised in Slovakia and moved to Hawaii after she got recruited to play for University of Hawaii (UH) Division 1 Women Tennis team. After she became a team captain in her junior year, she led her team to first ever conference championship in UH Women Tennis team history. In addition to...Read More

Stefan Opsal


Stefan Opsal moved to Hawaii from Eugene, Oregon. He studied economics at the University of Hawaiʻi at Mānoa, where he graduated as a member of the Pi Gamma Mu honor society. Stefan believes that a rising tide raises all boats, and is committed to elevating the startup and venture capital ecosystem in Hawaii. The largest...Read More