
RPM Ventures
Description
RPM Ventures is a well-established early-stage venture capital firm based in Ann Arbor, Michigan, founded in 2000. The firm has carved out a distinct niche, focusing primarily on B2B and B2B2C technology startups. With a strategic emphasis on the burgeoning Fintech and Mobility sectors, RPM Ventures seeks to identify and support innovative companies poised for significant growth within these specialized markets. Their long-standing presence in the venture capital landscape underscores a consistent investment thesis and a commitment to fostering technological advancements.
The firm's investment strategy centers on providing capital to companies in their crucial Seed and Series A funding rounds. RPM Ventures typically deploys initial investments ranging from $1 million to $5 million, indicating a preference for substantial early-stage commitments that can significantly impact a startup's development and scaling efforts. This targeted approach allows them to engage deeply with portfolio companies, offering not just financial backing but also strategic guidance and access to their extensive network within the tech ecosystem.
Over its two-decade history, RPM Ventures has demonstrated a robust fundraising capability and a prolific investment record. The firm recently closed its sixth fund, RPM Ventures VI, at $100 million in 2022, bringing its total capital raised across all funds to an impressive $340 million. This substantial capital base has enabled RPM Ventures to make over 100 investments in promising startups, resulting in more than 20 successful exits. Their consistent fund sizes and investment volume reflect a disciplined and experienced approach to venture capital, solidifying their reputation as a key player in the early-stage technology investment space, particularly for companies operating at the intersection of B2B, Fintech, and Mobility.
Investor Profile
RPM Ventures has backed more than 87 startups, with 2 new investments in the last 12 months alone. The firm has led 20 rounds, about 23% of its total and boasts 19 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in United States, Australia.
- Strong thematic focus on Financial Services, FinTech, Software.
- Led 1 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Series A (24%)
- Series B (23%)
- Seed (16%)
- Series C (14%)
- Series Unknown (11%)
- Series D (7%)
- Series E (2%)
- Series G (1%)
- Series F (1%)
Country Focus
- United States (99%)
- Australia (1%)
Industry Focus
- Financial Services
- Fintech
- Software
- Insurtech
- Internet
- E-commerce
- Automotive
- Saas
- Analytics
- Health Care
Frequently Asked Questions
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