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Red Sea Ventures

North America, New York, United States, New York

Description

Red Sea Ventures is a New York City-based venture capital firm renowned for its early-stage investments, primarily targeting Seed and Series A rounds. Co-founded by Justin Yoshimura and Michael D. Duda, the firm has established itself as a significant player in the consumer technology and brand space. Their investment philosophy centers on identifying and supporting disruptive companies that are poised to redefine their respective markets, often leveraging strong brand narratives and innovative business models.

The firm's strategic focus extends across various sectors, with a notable track record in direct-to-consumer (DTC) brands, e-commerce, and consumer-facing technology. Red Sea Ventures aims to be more than just a capital provider, offering operational expertise, strategic guidance, and access to a robust network to help portfolio companies scale effectively. Their portfolio boasts several well-known successes, including early investments in companies like Allbirds, Casper, and Warby Parker, underscoring their ability to spot high-growth potential.

Red Sea Ventures has progressively grown its capital base, enabling it to support a broader range of early-stage opportunities. The firm successfully raised its first fund, Red Sea Ventures I, amounting to $10 million. This was followed by Red Sea Ventures II, which closed at $50 million, and most recently, Red Sea Ventures III, securing $75 million. These increasing fund sizes reflect their expanding capacity and commitment to the early-stage ecosystem. Based on their fund sizes and investment stage, Red Sea Ventures typically deploys initial checks ranging from $500,000 to $5,000,000, allowing them to participate meaningfully in both seed-stage rounds and lead or co-lead early Series A financings.

The firm seeks out ambitious founders with compelling visions and a clear path to market disruption. They are known for their hands-on approach, working closely with entrepreneurs to navigate the challenges of rapid growth. Their preference for companies with strong product-market fit and a scalable business model positions them as a valuable partner for startups aiming to build enduring consumer brands and technology platforms.

Investor Profile

Red Sea Ventures has backed more than 99 startups, with 1 new investments in the last 12 months alone. The firm has led 10 rounds, about 10% of its total and boasts 20 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Canada.
  • Strong thematic focus on Software, Internet, Health Care.
  • Typical check size: $500K – $5M.

Stage Focus

  • Seed (41%)
  • Series A (30%)
  • Series B (7%)
  • Series Unknown (6%)
  • Pre Seed (6%)
  • Convertible Note (4%)
  • Series C (2%)
  • Series E (1%)
  • Series D (1%)
  • Debt Financing (1%)

Country Focus

  • United States (91%)
  • United Kingdom (6%)
  • Canada (1%)
  • Spain (1%)

Industry Focus

  • Software
  • Internet
  • Health Care
  • E-commerce
  • Information Technology
  • Financial Services
  • Fintech
  • Apps
  • Finance
  • Productivity Tools
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Red Sea Ventures frequently co-invest with?

Brainchild Holdings
North America, Pennsylvania, United States, Newtown
Co-Investments: 6
Crosslink Capital
North America, California, United States, Menlo Park
Co-Investments: 6
Maveron
North America, California, United States, San Francisco
Co-Investments: 8
Correlation Ventures
North America, California, United States, San Diego
Co-Investments: 5
Great Oaks Venture Capital
North America, New York, United States, New York
Co-Investments: 8
SV Angel
North America, California, United States, San Francisco
Co-Investments: 6
BoxGroup
North America, New York, United States, New York
Co-Investments: 15
Lerer Hippeau
North America, New York, United States, New York
Co-Investments: 20
Slow Ventures
North America, California, United States, San Francisco
Co-Investments: 6
RRE Ventures
North America, New York, United States, New York
Co-Investments: 8

Which angels does Red Sea Ventures often collaborate with?

MB
North America, California, United States, San Francisco
Shared Deals: 2
Darian Shirazi
North America, California, United States, San Francisco
Shared Deals: 3
SN
North America, Florida, United States, Miami
Shared Deals: 4
NJ
North America, California, United States, Los Angeles
Shared Deals: 4
EK
North America, New York, United States, New York
Shared Deals: 2
SB
North America, New York, United States, New York
Shared Deals: 4
Dan Lewis
North America, Washington, United States, Seattle
Shared Deals: 2
JB
North America, Washington, United States, Seattle
Shared Deals: 3
JA
North America, California, United States, San Francisco
Shared Deals: 2
AG
North America, California, United States, Stanford
Shared Deals: 3

What are some of recent deals done by Red Sea Ventures?

Jacob Bar

Austin, Texas, United States

Jacob Bar is a food manufacturing company that specializes in clean‑ingredient, high‑protein snack bars.

Food and BeverageFood ProcessingSnack Food
Pre SeedJul 1, 2025
Amount Raised: $1,000,000
Voyceme

New York, New York, United States

VoyceMe is the first English original platform for manga, webcomics, and light novels!

ComicsContent CreatorsContent DiscoveryDigital EntertainmentDigital MediaInternetMedia and EntertainmentPublishing
SeedAug 14, 2024
ByHeart

New York, New York, United States

ByHeart is a baby nutrition company with FDA-registered infant formula.

BiotechnologyHealth CareNutritionWellness
Series CMay 13, 2024
Amount Raised: $95,000,000
10Beauty

Burlington, Massachusetts, United States

10Beauty builds a definitive intelligent beauty company with a full manicure machine.

BeautyCosmeticsManufacturingRetail TechnologyRobotics
Series AFeb 6, 2024
Amount Raised: $17,000,000
Medbill AI

New York, New York, United States

AI assistant that helps consumers save time and money on healthcare and medical bills.

Artificial Intelligence (AI)Consumer SoftwareFinTechHealth Care
Pre SeedAug 1, 2023
Range

Mclean, Virginia, United States

Range provides a wealth management dashboard and expert advisory service for high earners.

Financial ServicesFinTechWealth Management
Series AMay 3, 2023
Amount Raised: $12,000,000
Sequencing.com

Los Angeles, California, United States

The world’s largest open OS for DNA innovation.

GeneticsInformation TechnologyLife Science
SeedNov 9, 2022
Amount Raised: $5,000,000
Climate Club

New York, New York, United States

Climate Club is a carbon reduction platform that focuses on employee education, engagement, and activation.

GreenTechInformation TechnologySustainability
SeedSep 28, 2022
Amount Raised: $9,607,500
Silvertree

Cambridge, Massachusetts, United States

Silvertree provides a wellness wearable platform for Older Adults and their Care Partners

Consumer
SeedSep 1, 2022
Amount Raised: $5,500,000
Voyceme

New York, New York, United States

VoyceMe is the first English original platform for manga, webcomics, and light novels!

ComicsContent CreatorsContent DiscoveryDigital EntertainmentDigital MediaInternetMedia and EntertainmentPublishing
SeedAug 1, 2022
Amount Raised: $2,500,000