RRE Ventures

RRE Ventures is an American Venture Capital firm based in New York City. The firm primarily invests in seed, series A and series B rounds and focuses on companies operating in the software, internet, communications, aerospace, robotics, 3D printing and financial services sectors.[1]

RRE Ventures
TypePrivate
IndustryVenture Capital
Founded1994 (1994)[1]
FounderJames D. Robinson III
James D. Robinson IV
Stuart Ellman
HeadquartersNew York City, New York, U.S.[1]
ProductsInvestments
AUMUS$2 billion (2020)[1]
Websitewww.rre.com
Footnotes / references
[2]

Background

Stuart Ellman and James D. Robinson IV were classmates at Harvard Business school where they came up with the idea of starting a venture capital firm.[3][4]

In 1994 they founded RRE Ventures with Robinson's father, James D. Robinson III who was the Chairman and CEO of American Express from 1977 until his retirement in 1993.[3][4][5][6] The name of the firm is derived from the first letter of each co-founder's surname.

The firm focuses on investing in early stage companies.[3][6]

As of 2020, RRE ventures has raised $2 billion in capital. It has made over 400 investments across 26 states in the US and Canada with over 60 exits.[7]

Funds

Fund[8] Vintage Year Committed Capital ($m)
RRE Ventures I 1997 USD 95
RRE Ventures II 1998 USD 225
RRE Ventures III 2001 USD 225
RRE Ventures IV 2006 USD 300
RRE Ventures V 2011 USD 230
RRE Ventures VI 2014 USD 280
RRE Leaders I 2015 USD 102
RRE Ventures VII 2017 USD 265
RRE Leaders II 2018 USD 57

Notable investments

References

  1. "RRE Ventures". StartupHub.ai.
  2. "Form ADV" (PDF). SEC. Retrieved 24 November 2022.
  3. Staff Writer (2000-10-01). "Ellman: Building a VC Empire in the Empire State -". Venture Capital Journal. Retrieved 2023-03-23.
  4. "The 2015 Fintech Finance 35: James Robinson III and James Robinson IV, RRE Ventures". Institutional Investor. 9 November 2015. Retrieved 2021-05-24.
  5. LEE, MEREDITH (11 February 2014). "A New York VC Spotlight: James Robinson III".{{cite web}}: CS1 maint: url-status (link)
  6. "LEADERS Interview with James D. Robinson III, General Partner and Co-Founder, RRE Ventures". www.leadersmag.com. Retrieved 2023-03-23.
  7. "Top 10 venture capital firms: RRE Ventures | Venture Capital". Fintech Magazine. 11 June 2020. Retrieved 2021-05-24.
  8. "RRE Ventures | Palico". www.palico.com. Retrieved 2021-05-24.
  9. Giardina, Carolyn (2015-10-14). "Virtual Reality Startup 8i Raises $13.5M in Series A Funding". The Hollywood Reporter. Retrieved 2021-05-24.
  10. "Fashion-Focused Blog Aggregator Bloglovin Raises $1M From Betaworks And Others". TechCrunch. 29 June 2012. Retrieved 2021-05-24.
  11. AvantCredit. "AvantCredit Adds $225 Million Equity Funding from Elite Investor Group to Fuel its Online Lending Platform". www.prnewswire.com (Press release). Retrieved 2021-05-24.
  12. "CRM Service Base Raises $15M Series B To Take On Salesforce". TechCrunch. 19 March 2014. Retrieved 2021-05-24.
  13. "BitPay Scores Record $30M in Funding, Aided by Richard Branson | Betabeat". 2014-05-17. Archived from the original on 2014-05-17. Retrieved 2021-05-24.
  14. Trimble2017-12-05T09:47:54+00:00, Stephen. "ANALYSIS: JAL invests heavily in supersonic Boom". Flight Global. Retrieved 2021-05-24.
  15. "Meet Booster Fuels: Stealthy startup refuels your car while you work, eliminates trips to gas station". GeekWire. 2015-10-21. Retrieved 2021-05-24.
  16. "Banned crime reporting app Vigilante returns as Citizen, says its 'report incident' feature will be pulled". TechCrunch. 10 March 2017. Retrieved 2021-05-24.
  17. "Concur Floats Bouyant [sic] IPO". www.businesstravelnews.com. 10 January 1999. Retrieved 2021-05-24.
  18. "Facebook Acquires Drop.io, Nabs Sam Lessin". TechCrunch. 29 October 2010. Retrieved 2021-05-24.
  19. Baum, Stephanie (2016-07-27). "Healthcare staffing startup backed by Business Insider co-founder views telemedicine as next market opportunity". MedCity News. Retrieved 2021-05-24.
  20. "NumberFire Pockets $750K To Help You Rule Your Fantasy Sports Leagues". TechCrunch. 5 January 2012. Retrieved 2021-05-24.
  21. "Tiger Global just invested $18 million in Olo, a low-flying ordering platform for more than 50,000 fast-casual restaurants". TechCrunch. 9 January 2019. Retrieved 2021-05-24.
  22. "Quirky's 23-year-old CEO finds love with the supply chain". VentureBeat. 2010-04-28. Retrieved 2021-05-24.
  23. "New Twitter Ecosystem Poster Child SocialFlow Secures The Firehose And $7 Million Round". TechCrunch. 7 April 2011. Retrieved 2021-05-24.
  24. Shaw, Lucas (June 2016). "Fox Will Fund TheSkimm's Move Into Video With $8 Million Round". Bloomberg. Retrieved 2021-05-24.{{cite news}}: CS1 maint: url-status (link)
  25. "This NYC Startup Just Squared Away $2M in Seed Funding". AlleyWatch. 2015-04-15. Retrieved 2021-05-24.
  26. "Social Entertainment Network GetGlue Raises $12 Million In New Financing". TechCrunch. 11 January 2012. Retrieved 2021-05-24.
  27. "Term Sheet — Monday, February 22". Fortune. Retrieved 2021-05-24.
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