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]
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 $2 billion in capital. It has made over 400 investments across 26 states in the US and Canada with over 60 exits.[7] Notable investments include Business Insider, Buzzfeed, Datadog, Giphy and Venmo.[7]
Funds
Fund[8] | Vintage Year | Committed Capital ($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 |
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".
- "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.
External links
- www.rre.com (Company Website)