More about Us (Thanks for Asking)

Investing Philosophy

What do you look for in a potential investment?

At RRE we look for credible teams executing against incredible ideas. While our investment decisions are based on many factors, we tend to focus on three main criteria when evaluating a new opportunity.

Team: Category-defining companies are founded by exceptional teams with the relentless spirit and passion necessary for extraordinary execution. Our partners have a deep affinity for the problem they want to solve or the experience they wish to create. This can take several forms, including deep industry expertise, successful prior ventures, demonstrated drive, or all the above.

Product: Great teams tend to create great products. That said, we believe that new companies need to create products that are more than incrementally better than existing solutions. Our companies build products creating marketplace resonance that is magnetic and impossible to ignore. Truly amazing product is what distinguishes a company from numerous other would-be disruptors.

Market: There are many large industries. Only some are ripe for disruption. Similarly, there are many bold ideas for new market categories but only certain moments when these categories can actually emerge. We look at structural and competitive landscapes while harnessing our experience working with the world’s largest corporations to determine whether a market is large, growing, and attackable. We invest in businesses disrupting such markets.

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Does RRE invest my particular area or industry?

Unlike many venture firms, RRE does not have hard and fast areas of investment. We are sector agnostic and happy to consider deals in any space. We research and evaluate new markets often, and we occasionally invest in completely new areas for the firm. Each of our investment team members looks deeply at more than one industry at a time. Of course, we do have deep portfolios and expertise in several industries. You can see more about each of these below:

AR/VR

Blockchain

Consumer

Enterprise

Fintech

Healthcare

Media

Real Estate

Robotics

Space

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What types of limited partners (LPs) do you work with?

Our LPs are a typical mix for a venture capital fund. We’re backed by many pension funds, along with enterprises, universities, fund of funds, high net worth individuals, and more.

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How do I know that RRE is the right partner for me?

We believe our deep commitment to true partnership with entrepreneurs and our firm values set us apart. We're ready to throw our experience, networks, and expertise behind founders in the pivotal moments that alter a company's trajectory. We're not easily shocked, and we work to earn your trust so that when things go right (or go wrong), you know we'll be there to support you when you call.

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InvestMent TermS

How much do you usually invest in a new company?

While we don’t stick to our own norms 100% of the time, we generally aim to invest ~$250K into a seed round or $3-8M into a Series A round.  

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Do you have strict ownership targets?

Again, we don’t follow these guidelines on every single deal, but we do aim to lead or co-lead at the Series A and own 15-25% of the company. Seed rounds are more flexible.

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Does RRE lead rounds or take board seats?

It depends. At the seed stage, we rarely lead or take a board seat.  If we invest at the Series A, we typically both lead the round and take a board seat, remaining highly active investors throughout the growth of the company.

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Are you able to contribute follow-on capital to your portfolio companies?

Yes. We have funds set aside for follow-on capital and often continue investing in our current portfolio.

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If I don’t fit these terms, should I still get in touch?

Yes! If you’re an early-stage company based in the US, we’d love to chat. Reach out to us with your deck at deals@rre.com.

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Investing PRoCESS

When should we come to RRE for investment?

It’s never too early to let us know about what you’re working on and start getting to know one another. We invest in new companies at the seed and Series A, so we love to meet companies from Day 1.

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How can we tell you about our startup idea?

Please send a note to deals@rre.com, together with a deck if you have one. (Decks help us route your company to the relevant member of our investment team.) The right person from the team will be in touch if there might be a fit with our investment theses and we’d like to learn more.

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We’ve already raised a Series A or higher—should we still reach out?

Unfortunately, as an early-stage investment fund, we’re not a fit for companies who have already raised a Series A or beyond.

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We’re not in NYC. Is that ok?

Absolutely! We love to hear from the whole country and our current portfolio includes companies based in 24 different states. Over 50% of our portfolio is based outside the New York area.

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We’re not in the United States. Is that ok?

Yellow light: While we love a startup looking for global domination (and we do look at select Canadian companies), we only very rarely invest in companies founded or based outside the US and probably aren’t a fit for you.

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What is the RRE investment process like? How long will it take?

A typical investment decision can last 2-8 weeks from the time you initally reach out, depending on timing and level of diligence your company requires. We'll typically meet 1:1 first before pulling in more of the team and finally a full team meeting to finalize a decision.

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What materials should I prepare for our initial meeting?

It’s best to think about business model so we can check out the assumptions. Ideally we meet any cofounders. A deck is a helpful way to visualize this information but not required.

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Working with RRE

What support can I expect from RRE after investment?

RRE is committed to supporting our portfolio throughout the life of each company.

We're ready to throw our experience, networks, and expertise behind founders in the pivotal moments that alter a company's trajectory. We're not easily shocked, and we work to earn your trust so that when things go right (or go wrong), you know we'll be there to support you when you call. Our platform team also provides resources and portfolio impact programs to each of our companies.

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How do you help your portfolio companies raise more money?

RRE has extensive experience in raising venture funding for our portfolio. Our venture networks and knowledge of the venture funding process will give you the expertise and in you need to help your company raise what it needs in the future—simply put, we know the process inside and out and can give you the leverage you need to raise tricky rounds. We’ve helped our companies raise 250+ follow on rounds and $6.2B in additional capital over the years

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How do you help your companies acquire customers?

Our decades of work with the Fortune 500 mean that when you’re ready to meet your first enterprise customers, we can throw our support behind you.  We’ll help connect you with teams looking for your solution, get you real feedback on your product, and demystify the process —we made over 100 targeted 1:1 introductions between our portfolio and major enterprises in 2018.

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How do you help with talent?

RRE knows that it takes incredible leaders and strong teams to build the next game-changing company, and we're eager to support you on your journey. Alongside our talent matching and jobs board, our companies benefit from RRE’s talent development program, RRE LEAD. Our LEAD sessions are leadership development days for every level of manager within our portfolio companies’ organizations, where you and your team can dive deep into startup-specific management learnings alongside your peers.  Nominate yourself or a deserving leader from your team for one of our 3x yearly cohorts.

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I’m interested in working with startups in your portfolio—how can I find out more about career opportunities?

We welcome your interest! There are thousands of open roles in our portfolio at any given time, which you can find here. For interesting roles, please apply directly. 

Please also sign up for the RRE Talent Network, which will help us connect you with our companies if a match comes up in the future.

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I want to get into VC. Are you hiring?

We’re a small team that doesn’t hire often. When we are, you can hear about it from us by signing up to stay in touch by hitting the "Subscribe" button. We’d suggest checking out work at startups as well as this list of resources to help you on your way:

Sign up for newsletters such as Stricly.VC, Mattermark, and Fortune's "Term Sheet" and Axios to follow what is going on in the industry. In Term Sheet, look for the "Firms & Funds" section for new funds since people are often hiring after they raise a new fund.

John Gannon's blog has good articles on getting into VC and more importantly, an updated VC job posting list on the bottom of the page that is the most up-to-date in the industry (scroll down until you see the header "Venture Capital Internships and Jobs").

Lerer Hippeau’s "How to get into venture" series has good information as well.

For platform roles in venture, check out more at the VC Platform website for roles and content or this overview from our team.

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Policy

How does RRE promote diversity and inclusion?

As a firm that facilitates innovation for many industries, RRE has a responsibility to act in a respectful, compassionate, and inclusive manner. We work to promote these values within our portfolio and beyond.

Within our portfolio, we devote significant resources to developing management teams, including training on creating teams with great cultures that promote diversity, inclusiveness, and belonging. We also require our companies to report their team's workforce diversity metrics to RRE (alongside their data on finance and business goals) to encourage measurement.

Within the ecosystem, we're leaders and active participants in initiatives like AllRaise, Moving Forward, and NYC BLEND, which seeks to increase the proportion of venture dollars going to underrepresented founders.

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What’s your anti-discrimination and anti-harassment policy?

Our official policy and contact information (and those for many other funds) on these topics can be found here.

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Other

How can I learn more about the NYC startup ecosystem?

As you look to get involved in the NYC tech community, it’s great to begin in person. To find great networking events, sign up for these mailing lists: Brooklyn Bridge Ventures, Gary's Guide, Stacklist, Firstmark's Data-Driven series, and Work-Bench (enter email on the bottom for the Enterprise Weekly). They each have a long list of quality events to choose from in their regular newsletters.

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I’m a journalist—how can I get in touch about my piece?

We’d love to hear from you.  Please reach out to press@rre.com or check out our press kit here.

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How can I get in touch with RRE about a different question?

We aim to be responsive in a few ways:

For funding inquiries for your company, please reach out to deals@rre.com (and include a deck).

For press inquiries, please reach out to press@rre.com.

For any other or more general inquiries, please reach out to info@rre.com.

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