RRE Ventures

Last updated

RRE Ventures
Type Private
Industry Venture Capital
Founded1994;29 years ago (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]

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]

Contents

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] Notable investments include Business Insider, BuzzFeed, Datadog, Giphy and Venmo. [7]

Funds

Fund [8] Vintage YearCommitted Capital ($m)
RRE Ventures I1997USD 95
RRE Ventures II1998USD 225
RRE Ventures III2001USD 225
RRE Ventures IV2006USD 300
RRE Ventures V2011USD 230
RRE Ventures VI2014USD 280
RRE Leaders I2015USD 102
RRE Ventures VII2017USD 265
RRE Leaders II2018USD 57

Related Research Articles

<span class="mw-page-title-main">Venture capital</span> Form of private-equity financing

Venture capital is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which have demonstrated high growth. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing risky start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. The start-ups are usually based on an innovative technology or business model and they are usually from high technology industries, such as information technology (IT), clean technology or biotechnology.

Kleiner Perkins, formerly Kleiner Perkins Caufield & Byers (KPCB), is an American venture capital firm which specializes in investing in incubation, early stage and growth companies. Since its founding in 1972, the firm has backed entrepreneurs in over 900 ventures, including America Online, Amazon.com, Tandem Computers, Compaq, Electronic Arts, JD.com, Square, Genentech, Google, Netscape, Sun Microsystems, Nest, Palo Alto Networks, Synack, Snap, AppDynamics, and Twitter. By 2019 it had raised around $9 billion in 19 venture capital funds and four growth funds.

<span class="mw-page-title-main">James D. Robinson III</span> American businessman (born 1935)

James Dixon Robinson III is an American businessman best known for his position as the chief executive officer of American Express Co. from 1977 until his retirement in 1993.

<span class="mw-page-title-main">H.I.G. Capital</span> US private equity and alternative assets investment firm


H.I.G. Capital is a global private equity and alternative assets investment company, headquartered in Miami, Florida. With over $59 billion of equity capital under management, the firm has a range of funds, including private equity, growth equity, credit/special situation, primary lending, and syndicated credit funds, as well as real estate funds. H.I.G. Capital provides both debt and equity investments for small and medium-sized businesses.

Greycroft is an American venture capital firm. It manages over $2 billion in capital with investments in companies such as Bird, Bumble, HuffPost, Goop, Scopely, The RealReal, and Venmo. Greycroft was founded in 2006 by Alan Patricof, Dana Settle, and Ian Sigalow. The firm is headquartered in New York City and Los Angeles.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management.

Uncork Capital is a venture capital firm based in San Francisco, California, founded by Jeff Clavier. Considered one of the most active established seed funds in Silicon Valley, it has invested in companies such as Postmates, Eventbrite, Fitbit, and SendGrid.

OurCrowd is an online global venture investing platform that empowers institutions and individual accredited investors to invest and engage in emerging technology companies at an early stage while still privately held. Based in Jerusalem, the company launched in February 2013, and has since opened overseas branches in the United States, the United Kingdom, Canada, Australia, Spain, Singapore, Brazil, and the UAE.

Blockchain Capital is a venture capital company founded in 2013 by brothers Paul Bartlett Stephens and William Bradford Stephens. As the first, dedicated venture capital firm exclusively focused on investing across the blockchain ecosystem, Blockchain Capital is one of the most active and experienced venture investors in blockchain technology.

<span class="mw-page-title-main">Coatue Management</span> American investment management firm

Coatue is an American technology-focused investment manager led by founder and portfolio manager Philippe Laffont. Coatue invests in public and private markets with a focus on technology, media, telecommunications. the consumer and healthcare sectors. Coatue has offices in New York City, Menlo Park, California, London, Shanghai and Hong Kong.

Craft Ventures is a venture capital firm based in San Francisco which makes early stage venture investments. Craft was founded in 2017 by David O. Sacks and Bill Lee.

<span class="mw-page-title-main">Venture capital in Poland</span> Overview of venture capital in Poland

Venture capital in Poland is a segment of the private equity market that finances early-stage high-risk companies based in Poland, with the potential for fast growth. As of March 2019, there is a total of 130 active VC firms in Poland, including local offices of international VC firms, and VC firms with mainly Polish management teams. Between 2009–2019, these entities have invested locally in over 750 companies, which gives an average of around 9 companies per portfolio. The Polish venture market accounts for 3% of the entire European ecosystem of VC investments, mainly in the digital space.

<span class="mw-page-title-main">Qiming Venture Partners</span> China Venture Capital Firm

Qiming Venture Partners is a China based Venture capital firm. It primarily invests in Technology, Internet and Healthcare related companies across China. It was an early investor in ByteDance, Xiaomi, Meituan and Bilibili. According to South China Morning Post, from January 2019 to May 2020, it was the seventh most active venture capital firm in China.

<span class="mw-page-title-main">TCV (investment firm)</span> American investment firm

TCMI, Inc. better known by the name TCV is an American investment firm based in Menlo Park, California. The firm mainly invests in public and private growth-stage companies in the technology industry.

Shunwei Capital is a Beijing-based venture capital firm founded in 2011. It was founded by Lei Jun and Tuck Lye Koh. The firm focuses on investing in the technology sector in China as well as other countries such as India and Indonesia. According to South China Morning Post, from January 2019 to May 2020, it was the ninth most active venture capital firm in China.

Contrary is a San Francisco-based venture capital firm. Formed in 2016, the firm invests across early stage companies in North America and India. Select investments from the firm include DoorDash, Anduril, Ramp, Zepto, and Vise.

<span class="mw-page-title-main">Thrive Capital</span> American venture capital firm

Thrive Capital is an American venture capital firm based in New York City. It focuses on software and internet investments. The firm was founded by Joshua Kushner who is also co-founder of Oscar Health and minority owner of the Memphis Grizzlies.

<span class="mw-page-title-main">ARCH Venture Partners</span> American Venture Capital firm

ARCH Venture Partners (ARCH) is an American venture capital firm based in Chicago. The firm mainly invests in companies from the biotechnology industry but has also invested other industries such as semiconductors and technology.

<span class="mw-page-title-main">Gaorong Capital</span> China-based venture capital firm

Gaorong Capital is a Beijing-based venture capital firm founded in 2014. The firm focuses on investments related to Technology, Media and Telecommunications (TMT).

<span class="mw-page-title-main">Northern Light Venture Capital</span> China-based venture capital firm

Northern Light Venture Capital (NLVC) is a Chinese venture capital firm founded in 2005. It focuses on investing in companies in the technology and healthcare sectors.

References

  1. 1 2 3 4 "RRE Ventures". StartupHub.ai.
  2. "Form ADV" (PDF). SEC. Retrieved November 24, 2022.
  3. 1 2 3 Staff Writer (October 1, 2000). "Ellman: Building a VC Empire in the Empire State -". Venture Capital Journal. Retrieved March 23, 2023.
  4. 1 2 "The 2015 Fintech Finance 35: James Robinson III and James Robinson IV, RRE Ventures". Institutional Investor. November 9, 2015. Retrieved May 24, 2021.
  5. LEE, MEREDITH (February 11, 2014). "A New York VC Spotlight: James Robinson III".
  6. 1 2 "LEADERS Interview with James D. Robinson III, General Partner and Co-Founder, RRE Ventures". www.leadersmag.com. Retrieved March 23, 2023.
  7. 1 2 "Top 10 venture capital firms: RRE Ventures | Venture Capital". Fintech Magazine. June 11, 2020. Retrieved May 24, 2021.
  8. "RRE Ventures | Palico". www.palico.com. Retrieved May 24, 2021.