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]
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Type | Private |
---|---|
Industry | Venture Capital |
Founded | 1994[1] |
Founder | James D. Robinson III James D. Robinson IV Stuart Ellman |
Headquarters | New York City, New York, U.S.[1] |
Products | Investments |
AUM | US$2 billion (2020)[1] |
Website | www.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
- 8i[9]
- Activate[10]
- Avant[11]
- BarkBox[7]
- Base CRM[12]
- Bitly
- BitPay[13]
- Boom Technology[14]
- Booster Fuels[15]
- Braintree
- Business Insider[7]
- Buzzfeed[7]
- Citizen[16]
- Clearpath Robotics[7]
- Clubhouse Software
- Concur[17]
- Datadog
- Digital Currency Group[4]
- Drop.io[18]
- Electric Cloud
- Giphy[7]
- Huffington Post
- i.TV
- Makerbot[7]
- Managed by Q
- NerdWallet[4]
- Nomad Health[19]
- numberFire[20]
- Olo[21]
- OnDeck Capital[4]
- Proofpoint[7]
- Quirky[22]
- Ripple Labs
- SocialFlow[23]
- Spaceflight Industries[4]
- Spire Global[4]
- Symantec
- The Outline
- The Skimm[24]
- TheSquareFoot[25]
- tvtag[26]
- Understory[27]
- Venmo[7]
- Vine[7]
- Watchguard
- Whiptail
- WisdomTree Investments
- Xobni
References
- "RRE Ventures". StartupHub.ai.
- "Form ADV" (PDF). SEC. Retrieved 24 November 2022.
- Staff Writer (2000-10-01). "Ellman: Building a VC Empire in the Empire State -". Venture Capital Journal. Retrieved 2023-03-23.
- "The 2015 Fintech Finance 35: James Robinson III and James Robinson IV, RRE Ventures". Institutional Investor. 9 November 2015. Retrieved 2021-05-24.
- LEE, MEREDITH (11 February 2014). "A New York VC Spotlight: James Robinson III".
{{cite web}}
: CS1 maint: url-status (link) - "LEADERS Interview with James D. Robinson III, General Partner and Co-Founder, RRE Ventures". www.leadersmag.com. Retrieved 2023-03-23.
- "Top 10 venture capital firms: RRE Ventures | Venture Capital". Fintech Magazine. 11 June 2020. Retrieved 2021-05-24.
- "RRE Ventures | Palico". www.palico.com. Retrieved 2021-05-24.
- Giardina, Carolyn (2015-10-14). "Virtual Reality Startup 8i Raises $13.5M in Series A Funding". The Hollywood Reporter. Retrieved 2021-05-24.
- "Fashion-Focused Blog Aggregator Bloglovin Raises $1M From Betaworks And Others". TechCrunch. 29 June 2012. Retrieved 2021-05-24.
- 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.
- "CRM Service Base Raises $15M Series B To Take On Salesforce". TechCrunch. 19 March 2014. Retrieved 2021-05-24.
- "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.
- Trimble2017-12-05T09:47:54+00:00, Stephen. "ANALYSIS: JAL invests heavily in supersonic Boom". Flight Global. Retrieved 2021-05-24.
- "Meet Booster Fuels: Stealthy startup refuels your car while you work, eliminates trips to gas station". GeekWire. 2015-10-21. Retrieved 2021-05-24.
- "Banned crime reporting app Vigilante returns as Citizen, says its 'report incident' feature will be pulled". TechCrunch. 10 March 2017. Retrieved 2021-05-24.
- "Concur Floats Bouyant [sic] IPO". www.businesstravelnews.com. 10 January 1999. Retrieved 2021-05-24.
- "Facebook Acquires Drop.io, Nabs Sam Lessin". TechCrunch. 29 October 2010. Retrieved 2021-05-24.
- 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.
- "NumberFire Pockets $750K To Help You Rule Your Fantasy Sports Leagues". TechCrunch. 5 January 2012. Retrieved 2021-05-24.
- "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.
- "Quirky's 23-year-old CEO finds love with the supply chain". VentureBeat. 2010-04-28. Retrieved 2021-05-24.
- "New Twitter Ecosystem Poster Child SocialFlow Secures The Firehose And $7 Million Round". TechCrunch. 7 April 2011. Retrieved 2021-05-24.
- 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) - "This NYC Startup Just Squared Away $2M in Seed Funding". AlleyWatch. 2015-04-15. Retrieved 2021-05-24.
- "Social Entertainment Network GetGlue Raises $12 Million In New Financing". TechCrunch. 11 January 2012. Retrieved 2021-05-24.
- "Term Sheet — Monday, February 22". Fortune. Retrieved 2021-05-24.
External links
- www.rre.com (Company Website)