RRE Ventures

RRE Ventures
TypePrivate
IndustryVenture Capital
Founded1994; 32 years ago (1994)
FounderJames D. Robinson III
James D. Robinson IV
Stuart Ellman
HeadquartersNew York City, New York, U.S.
ProductsInvestments
AUMUS$2 billion (2020)
Websitewww.rre.com
Footnotes

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.

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.

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. 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.

RRE has been a significant investor in Chinese companies. At one time RRE had made millions from a sale to Ping An Insurance but did not know how to get the proceeds out of China. Laughable suggestions included buying a large diamond or bringing a duffel bag full of cash to Hong Kong to exchange for HKD. In the end, RRE set up two subsidiaries in Hong Kong and Cayman Islands as a solution.

References

  1. 1 2 3 4 "RRE Ventures". StartupHub.ai.
  2. ↑ "Form ADV" (PDF). SEC. Retrieved November 24, 2022.
  3. 1 2 3 "Ellman: Building a VC Empire in the Empire State -". Venture Capital Journal. October 1, 2000. Retrieved March 23, 2023.
  4. 1 2 Davies, Tyler (November 9, 2015). "The 2015 Fintech Finance 35: James Robinson III and James Robinson IV, RRE Ventures". Institutional Investor. Retrieved May 24, 2021.
  5. ↑ Lee, Meredith (February 11, 2014). "A New York VC Spotlight: James Robinson III". AlleyWatch.
  6. 1 2 "LEADERS Interview with James D. Robinson III, General Partner and Co-Founder, RRE Ventures". LEADERS Magazine. Retrieved March 23, 2023.
  7. ↑ Fannin, Rebecca (September 26, 2019). Tech Titans of China: How China's Tech Sector is Challenging the World by Innovating Faster, Working Harder & Going Global. John Murray Press. ISBN 978-1-5293-7450-6.