Velvære

About Velvære

Velvære Park City is a luxury real estate development adjacent to Deer Valley Resort in Park City, Utah. Inspired by Nordic wellness philosophy, it offers an exclusive community of 115 properties focused on well-being, longevity, and the Scandinavian lifestyle, providing ski-in, ski-out access and a serene escape with a focus on health, balance, and connection.

Products & Services

Real Estate - Cabins:12 cabins, coming soon, as part of the luxury ski-in, ski-out community.

Real Estate - Paired Residences:68 paired residences starting at $6M, designed for luxury and wellness.

Real Estate - Estate Lots:35 estate lots starting at $3M, offering customizable luxury homes.

Club Velvære Membership:Exclusive membership for Velvære owners, providing access to the Wellness Center, Adventure Center, thermal spa pools, ski services, and year-round outdoor activities.

Amenities - Wellness Center (The Well):A facility focused on health and restoration with thermal spa pools and progressive healing modalities.

Amenities - Adventure Center (The Base):An all-season hub for ski services, après-ski, hiking, biking, and access to over 50 miles of trails and nearby rivers for fishing and water sports.

Specialties

Luxury Ski-In, Ski-Out Properties Nordic Wellness Philosophy Human-Centric Design Sustainable Living Adventure and Outdoor Activities

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Debt T: - FT: Debt	A: 555000000 MR: - FA: $555 million FAN: 555000000	D: 2025-12-04 FD: 2025-12-04	3 investors

Debt Latest

2025-12-04

$555.0M

3 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

C

Chad Magleby

CEO of Magleby Development

C

CHAD MAGLEBY

CEO of Magleby Development

Recent News

Velvære Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised