Jump to content

RRE Ventures

From Alfawiki
RRE Ventures
Company typePrivate
IndustryVenture capital
Founded1994
FounderStuart Ellman, James D. Robinson IV, James D. Robinson III
Headquarters
New York City
,
United States
Area served
United States, Canada, China (via subsidiaries)
ProductsVenture capital investments (seed, Series A, Series B)
Websitewww.rre.com

RRE Ventures is a venture capital firm located in New York City, United States. The company specializes in investing primarily during the seed, Series A, and Series B financing stages. Its investment portfolio spans industries such as software, internet, communications, aerospace, robotics, 3D printing, and financial services.

Background

The concept for RRE Ventures originated from Stuart Ellman and James D. Robinson IV, who were peers at Harvard Business School.[1][2] In 1994, they established the firm alongside Robinson's father, James D. Robinson III, who previously served as Chairman and CEO of American Express from 1977 to 1993.[1][2][3] The company's name is derived from the initials of its founding partners' last names.

RRE Ventures concentrates on early-stage funding opportunities.[1][3]

The firm has maintained a significant presence in Chinese markets. Following successful returns from a transaction involving Ping An Insurance, RRE encountered difficulties transferring profits out of China. To address these issues, it created subsidiaries in Hong Kong and the Cayman Islands.Cite error: The opening <ref> tag is malformed or has a bad name

By 2020, RRE Ventures had secured $2 billion in investment capital, executing over 400 deals across 26 states within the US and in Canada. The firm has achieved more than 60 successful exits.[4] Noteworthy portfolio companies include Business Insider, BuzzFeed, Datadog, Giphy, and Venmo.[4]

External links

  1. ↑ 1.0 1.1 1.2 Cite error: Invalid <ref> tag; no text was provided for refs named :0
  2. ↑ 2.0 2.1 Cite error: Invalid <ref> tag; no text was provided for refs named :1
  3. ↑ 3.0 3.1 Cite error: Invalid <ref> tag; no text was provided for refs named :3
  4. ↑ 4.0 4.1 Cite error: Invalid <ref> tag; no text was provided for refs named :2