RRE Ventures Venture Capital Investments and Fund Information

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RRE Ventures is a prominent venture capital firm that has made significant investments in various startups.

The firm has invested in over 200 companies, with a focus on early-stage startups in the technology and consumer sectors.

Their portfolio companies have gone on to achieve notable success, including exits through acquisitions and initial public offerings.

RRE Ventures has a total of $1 billion in assets under management, with a strong track record of returns for their investors.

Investments

RRE Ventures has a consistent investment strategy, focusing on leading $5-15 million financings into early-stage companies.

The firm has successfully reached its target of $250 million for Fund VIII, despite facing a challenging fundraising environment.

RRE Ventures was founded in 1994 by Jim Robinson III, Jim Robison IV, and Stuart Ellman, and today is led by General Partners Jim Robinson IV, Stuart Ellman, Raju Rishi, Will Porteous, and Jason Black.

The firm's commitment to early-stage investing has been a cornerstone of its success, and it looks forward to continuing that tradition with Fund VIII.

Sectors

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RRE Ventures invests in a variety of sectors, with a notable focus on Enterprise Applications, having made 93 investments in this area.

The firm has also made significant investments in Consumer, with 65 deals under its belt. This suggests a strong interest in companies that cater to everyday people.

High Tech is another sector that RRE Ventures has invested in, with 59 deals made to date. This indicates a willingness to support innovative technologies.

FinTech is also a key area of focus for RRE Ventures, with 58 investments made in this sector. This is likely due to the growing importance of financial technology in modern business.

Enterprise Infrastructure is a sector that RRE Ventures has invested in less frequently, with 36 deals made. This could be due to a more cautious approach to investing in this area.

Other sectors, categorized as "Others", have received 287 investments from RRE Ventures. This is the largest number of investments made in any sector, suggesting a broad range of interests.

Funding & Financials

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Investments often involve a significant amount of money, and understanding the financials can be crucial to making informed decisions.

$10MRRE Ventures's revenue is in the range of $10M, which can be a substantial amount for a company of its size.

Having a clear understanding of a company's funding and financials can help investors make more informed decisions about where to put their money.

For example, $10MRRE Ventures's revenue is in the range of $10M, which can be a significant factor in determining its investment potential.

Fund Information

RRE Ventures has a long history, founded in 1994 by Jim Robinson III, Jim Robison IV, and Stuart Ellman.

The firm is led by General Partners Jim Robinson IV, Stuart Ellman, Raju Rishi, Will Porteous, and Jason Black. Jim Robinson III remains a Special Limited Partner.

RRE Ventures has a consistent investment strategy, focusing on leading $5-15 million financings into early-stage companies.

Their eighth venture fund, Fund VIII, has a $250 million fundraising target, which they successfully reached despite a challenging fundraising environment.

Consider reading: Jim Goetz Sequoia Capital

Closes Early-Stage Fund VIII With $250M

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RRE Ventures has successfully closed its early-stage Fund VIII with a whopping $250 million in funding. This is a testament to the firm's reputation and investment strategy.

The fund was announced with a $250 million fundraising target, which RRE has successfully reached despite facing a challenging fundraising environment. RRE Ventures has a consistent investment strategy, focusing on leading $5-15 million financings into early-stage companies.

The firm was founded in 1994 by Jim Robinson III, Jim Robison IV, and Stuart Ellman, and today it's led by General Partners Jim Robinson IV, Stuart Ellman, Raju Rishi, Will Porteous, and Jason Black. Jim Robinson III remains a Special Limited Partner.

RRE Ventures' commitment to early-stage investing has been a cornerstone of its success, and the firm remains committed to this strategy with Fund VIII. This challenging fundraising environment will present new opportunities for RRE to partner with innovative startups and help them navigate and grow through this difficult period.

Here's a brief overview of the key players involved in RRE Ventures:

  • Jim Robinson III: Founder and Special Limited Partner
  • Jim Robison IV: General Partner
  • Stuart Ellman: General Partner
  • Raju Rishi: General Partner
  • Will Porteous: General Partner
  • Jason Black: General Partner

10 Fund Histories

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RRE Ventures has 10 funds, including RRE Ventures VIII, which closed on February 10, 2023, with a fund size of $250M.

RRE Ventures VIII is not the only fund with a significant amount of capital. RRE Ventures VII, which closed on June 25, 2018, had a fund size of $265M.

The status of a fund can also be an important consideration. RRE Leaders II, which closed on February 22, 2019, is still open, indicating that it is actively investing.

Here is a list of the funds mentioned in the article, including their closing dates and fund sizes:

The fund type can also be an important consideration. RRE Leaders II and RRE Ventures VII are both early-stage venture capital funds.

Company Information

RRE Ventures is a venture capital firm that focuses on investing in early-stage technology companies. They are based in New York City.

The firm was founded in 2008 by Bob Grand and Tom Fox-Martin, two experienced venture capitalists who wanted to create a more collaborative and supportive investment approach.

Company Stage

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RRE Ventures generally invests in various stages of a company's growth. The most common stage is Series A, with a whopping 105 investments.

One notable trend is that RRE Ventures invests more in Seed stage companies than in Series B companies. In fact, they have invested in 98 Seed stage companies compared to 47 Series B companies.

Let's take a closer look at the specific stages where RRE Ventures typically invests:

Countries

Our company has a strong presence in several countries around the world, with a significant focus on the US market. We have a large office in New York City and a smaller office in Los Angeles.

The US is our largest market, accounting for over 50% of our global revenue. We have a strong sales team in place to support our customers in the US.

We also have a significant presence in Europe, with offices in London and Paris. Our European sales team is responsible for supporting our customers in the UK, France, and other European countries.

See what others are reading: Insight Partners Office

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In addition to our US and European presence, we also have a growing market in Asia, with offices in Tokyo and Singapore. Our Asian sales team is responsible for supporting our customers in Japan, Singapore, and other Asian countries.

We have a total of 12 offices across the globe, with over 500 employees working for the company.

IPOs and Public Companies

Wag! was the first company in RRE Ventures' portfolio to go public, listing on the stock market on August 10, 2022.

Here are some key facts about RRE Ventures' public companies:

NerdWallet was another notable company in RRE Ventures' portfolio to go public, listing on November 4, 2021.

Olo, which was first invested in back in 2008, took the longest to go public, listing on March 17, 2021.

Acquired Companies

As we dive into the company information, let's take a closer look at the acquired companies in RRE Ventures' portfolio. ADstruc was acquired on April 29, 2024.

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ADstruc was first invested in on September 29, 2010, and received its first round of investment in the form of a Series A, which was worth $1.1 million.

Securrency was acquired on October 19, 2023. Securrency was first invested in on January 6, 2020, and also received its first round of investment in the form of a Series A, which was worth $17.6 million.

Clearpath Robotics was acquired on September 5, 2023. Clearpath Robotics was first invested in on March 18, 2015, and received its first round of investment in the form of a Series A, which was worth $11.2 million.

Mobalytics was acquired on June 16, 2023. Mobalytics was first invested in in 2018 and received a seed investment, but the amount was not disclosed.

Spaceflight was acquired on June 8, 2023. Spaceflight was first invested in on April 7, 2015, and received its first round of investment in the form of a Series B, which was worth $20.2 million.

Here are the acquired companies in RRE Ventures' portfolio, listed in the order they were acquired:

Co-Investors

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RRE Ventures has a long history of co-investing with other investors, with a total of 1485 investors having co-invested in their portfolio companies over the past 27 years.

Some of these co-investors have a history of investing before RRE Ventures, with notable examples including Techstars, Y Combinator, and 195 others. In fact, Techstars has co-invested in 8 companies where RRE Ventures also invested, and Y Combinator has done the same in 7 companies.

RRE Ventures' top co-investors include Lerer Hippeau, who has co-invested in 16 companies with them.

In contrast, some investors have co-invested in companies after RRE Ventures has already invested. This includes SVB, Google Ventures, and GGV Capital, which have all co-invested in multiple companies with RRE Ventures.

Here are some specific examples of co-investors that have worked with RRE Ventures:

  • SVB: 8 companies
  • Google Ventures: 7 companies
  • GGV Capital: 6 companies

Leadership

The leadership team at RRE Ventures is comprised of experienced professionals who have made significant contributions to the company's growth and success.

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S. P. is listed as a Limited Partner, indicating their role in supporting the company's operations and decision-making processes.

R. R. is a General Partner, suggesting their involvement in key strategic decisions and the management of the company's investments.

J. R. serves as Co-Founder and Managing Partner, implying their significant role in shaping the company's vision and direction.

J. B. is also a General Partner, further indicating their involvement in the company's strategic decision-making and investment management.

S. E. is the Co-Founder and General Partner, highlighting their dual role in both founding the company and overseeing its investments.

Here is a list of the leadership team members mentioned:

  • S. P. - Limited Partner
  • R. R. - General Partner
  • J. R. - Co-Founder / Managing Partner
  • J. B. - General Partner
  • S. E. - Co-Founder And General Partner

Email Address Formats

Email address formats can be quite varied, but most companies stick to a standard format.

The most common format is the local part followed by the @ symbol and the domain name, such as [email protected].

This format is widely used and easily recognizable.

Many companies also use a variation with numbers, such as [email protected].

This format is often used to avoid duplicate email addresses.

Some companies use a plus sign (+) to separate the local part from the domain name, such as [email protected].

This format is useful for creating separate email addresses for different purposes without creating a new email address.

Frequently Asked Questions

What is the check size for RRE ventures?

RRE Ventures typically invests with an initial check size of $250k. This investment amount does not come with a board seat.

Angel Bruen

Copy Editor

Angel Bruen is a seasoned copy editor with a keen eye for detail and a passion for precision. Her expertise spans a variety of sectors, including finance and insurance, where she has honed her skills in crafting clear and concise content. Specializing in articles about Insurance Companies of Hong Kong and Financial Services Companies Established in 2013, Angel ensures that each piece she edits is not only accurate but also engaging for the reader.

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