RRE Ventures

RRE Ventures
Company typePrivate
IndustryVenture Capital
Founded1994; 31 years ago (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]

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]

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

  1. ^ a b c d "RRE Ventures". StartupHub.ai.
  2. ^ "Form ADV" (PDF). SEC. Retrieved November 24, 2022.
  3. ^ a b c Staff Writer (October 1, 2000). "Ellman: Building a VC Empire in the Empire State -". Venture Capital Journal. Retrieved March 23, 2023.
  4. ^ a b "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. ^ a b "LEADERS Interview with James D. Robinson III, General Partner and Co-Founder, RRE Ventures". www.leadersmag.com. Retrieved March 23, 2023.
  7. ^ a b "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.