RED & BLUE VENTURES

Thesis

Red & Blue Ventures is a seed and early-stage venture capital firm founded in 2016, with a distinct focus on companies emerging from the University of Pennsylvania (Penn) ecosystem. The firm's name itself is a nod to Penn's school colors. Red & Blue Ventures primarily targets investments in the information technology sector, broadly defined to include hardware, software, e-commerce, and technology-enabled services for both businesses and consumers. They are particularly interested in sectors such as SaaS, healthcare, consumer, commerce, and AI. While IT is their main focus, they are open to other areas if a company has a strong Penn connection and a robust syndicate of co-investors. The firm prefers to lead or co-lead initial investments, though they will participate in larger syndicates. Their investment stage preference is pre-seed and seed, with some early Series A investments. Red & Blue Ventures aims to invest in companies with the potential for capital-efficient growth. Geographically, Red & Blue Ventures primarily invests in companies within the greater Philadelphia, New York City, and Washington D.C. areas to facilitate in-person engagement. However, they will consider investments outside this region, especially when partnered with strong local investors. The firm's current fund is approximately $14 million. Their seed investments range up to $250,000, and their early-stage investments are somewhat larger. Generally, their check sizes fall between $100,000 to $1 million.

Related lists

• Pre-seed AI investors
• Pre-seed Consumer investors
• Pre-seed Enterprise investors