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Richmond Global Ventures

North America, New York, United States, New York

Description

Richmond Global Ventures is a New York-based venture capital firm with a distinctive focus on early-stage technology companies, particularly those operating in emerging markets. Founded by pioneers in the field of emerging market venture capital, the firm has established a reputation for identifying and nurturing disruptive technologies across diverse geographies including China, India, Southeast Asia, Latin America, and Africa. Their investment strategy is centered on providing capital and strategic support to companies poised for significant growth in these dynamic economies.

The firm typically invests across Seed, Series A, and Series B funding rounds, indicating a commitment to supporting companies from their nascent stages through significant growth phases. Richmond Global Ventures closed its second fund in 2013, raising $200 million to further its investment mandate. This substantial capital base allows the firm to make meaningful investments and provide follow-on funding to its most promising portfolio companies. Their portfolio reflects a broad range of technology sectors, from e-commerce and fintech to enterprise software and consumer internet.

With a history dating back to 1999, Richmond Global Ventures has accumulated extensive experience in navigating the complexities and opportunities presented by emerging markets. The firm leverages its deep regional insights and global network to assist its portfolio companies in scaling operations and achieving market leadership. As of late 2023, Crunchbase data indicates that Richmond Global Ventures has made approximately 57 investments, with 12 lead investments and 11 reported exits, showcasing their active participation and successful track record in the venture ecosystem. Their strategic approach emphasizes long-term partnerships with founders, aiming to build enduring businesses with global potential.

Investor Profile

Richmond Global Ventures has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 10 rounds, about 50% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Series C rounds (top funding stages).
  • Majority of deals are located in United States, Mexico, Argentina.
  • Strong thematic focus on FinTech, Financial Services, Personal Finance.
  • Typical check size: $1M – $15M.

Stage Focus

  • Series A (40%)
  • Series B (20%)
  • Series C (15%)
  • Series Unknown (10%)
  • Series D (10%)
  • Seed (5%)

Country Focus

  • United States (70%)
  • Mexico (10%)
  • Argentina (10%)
  • Brazil (5%)
  • Indonesia (5%)

Industry Focus

  • Fintech
  • Financial Services
  • Personal Finance
  • Finance
  • Artificial Intelligence (Ai)
  • Information Technology
  • Saas
  • Market Research
  • Analytics
  • Software
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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 Richmond Global Ventures frequently co-invest with?

Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 2
Rise Capital
North America, California, United States, San Francisco
Co-Investments: 2
Sigma Prime Ventures
North America, Massachusetts, United States, Boston
Co-Investments: 2
Cometa
North America, Distrito Federal, Mexico, Mexico City
Co-Investments: 2
Tuesday Capital
North America, California, United States, San Francisco
Co-Investments: 2
Angel Ventures
North America, Distrito Federal, Mexico, Mexico City
Co-Investments: 2
Pivot Investment Partners
North America, New York, United States, New York
Co-Investments: 3
SenaHill Partners
North America, New York, United States, New York
Co-Investments: 3
Venrock
North America, California, United States, Palo Alto
Co-Investments: 2
BP
North America, New Jersey, United States, Pennington
Co-Investments: 2

Which angels does Richmond Global Ventures often collaborate with?

PF
North America, California, United States, San Diego
Shared Deals: 1
KI
North America, California, United States, Los Angeles
Shared Deals: 1
RV
North America, California, United States, San Francisco
Shared Deals: 1
EB
North America, California, United States, Palo Alto
Shared Deals: 1
PG
Europe, Islas Baleares, Spain, San Francisco
Shared Deals: 1
NJ
North America, Washington, United States, Seattle
Shared Deals: 1
JS
North America, California, United States, Los Altos
Shared Deals: 1
RM
North America, California, United States, Northridge
Shared Deals: 1
BP
North America, California, United States, San Francisco
Shared Deals: 1
MG
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Richmond Global Ventures?

Kueski

Guadalajara, Jalisco, Mexico

Kueski is the one of the largest buy now, pay later (BNPL) and online consumer lending companies in Mexico.

FinanceFinancial ServicesFinTechLendingPaymentsPersonal Finance
Series CDec 2, 2021
Amount Raised: $102,000,000
Chia Network

San Francisco, California, United States

Chia Network is building a blockchain platform based on Proofs of Space and Time.

BlockchainCryptocurrencyFinTech
Series DMay 24, 2021
Amount Raised: $61,000,000
Lokker

Redwood City, California, United States

Lokker is a cloud computing company that specializes in the proliferation of online scams, spam, and exploitation of personal data.

Cloud ComputingCloud SecurityCyber SecurityPrivacyRisk ManagementWeb Browsers
SeedDec 31, 2020
Amount Raised: $5,100,000
Vestorly

New York, New York, United States

Vestorly’s Content Engine enables organizations to discover, filter, and personalize the right content to the right person at the right time

AnalyticsArtificial Intelligence (AI)ContentContent MarketingEmail MarketingInformation TechnologyInternetPersonalizationSaaS
Series ADec 3, 2020
Paradata

San Jose, California, United States

Paradata finds, verifies, and fixes the weak links in your supply chain before they occur.

Artificial Intelligence (AI)Big DataBusiness IntelligenceMachine LearningProcurementSupply Chain Management
Series AMar 23, 2017
Amount Raised: $10,000,000
Market Realist

New York, New York, United States

Market Realist is a financial media outlet that makes institutional-level market data and analysis accessible to all investors.

FinanceFinTechMarket Research
Series UnknownJan 26, 2017
Amount Raised: $4,391,427
Vestorly

New York, New York, United States

Vestorly’s Content Engine enables organizations to discover, filter, and personalize the right content to the right person at the right time

AnalyticsArtificial Intelligence (AI)ContentContent MarketingEmail MarketingInformation TechnologyInternetPersonalizationSaaS
Series ADec 7, 2016
Amount Raised: $8,500,000
Qraved

Jakarta Pusat, Jakarta Raya, Indonesia

Qraved provides users with restaurant information, reviews, recommended dishes with photos, promotions, and an instant booking facility.

E-CommerceFood and BeverageHospitalityMobile AppsNewsRestaurantsSoftwareVideo
Series BAug 5, 2016
Amount Raised: $8,000,000
Kueski

Guadalajara, Jalisco, Mexico

Kueski is the one of the largest buy now, pay later (BNPL) and online consumer lending companies in Mexico.

FinanceFinancial ServicesFinTechLendingPaymentsPersonal Finance
Series AApr 21, 2016
Amount Raised: $10,000,000
Guiabolso

Pinheiros, Sao Paulo, Brazil

Guiabolso offers both financial management and marketplace app (B2C), and Open Banking SaaS solution (B2B).

Consumer LendingCreditData MiningFinancial ServicesFinTechPersonal FinanceSaaS
Series BAug 20, 2015
Amount Raised: $7,000,000