M13 Ventures
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| Private | |||
| Industry | venture capital firm | ||
| Founded | 2016 | ||
| Headquarters | Santa Monica, California | ||
Key people |
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| Website | https://m13.co | ||
M13 Investments (Founded 2016, Santa Monica, California) is an American venture capital firm.[1][2] It is most notable for being early investors in Daily Harvest, Thrive Market, Rothy's, Ring (company), Cabify, Bonobos (apparel), ClassPass, Scopely, Cue and Bird (company).[3][4] It is also well known for having high-profile investors such Richard Branson, Tony Robbins, and Arianna Huffington.[5][6]
The firm is focused on Seed money and Series A round Series B+ rounds in emerging consumer technology companies.[7][8]
M13 has an estimated portfolio worth over $137 Billion (valuation as of 2021) and 100+ tech investments.[9] It was founded by brothers Carter Milliken Reum and Courtney Reum. Carter Reum is also known for his relationship with Paris Hilton.[10]
History
Carter Milliken Reum and Courtney Reum (both graduates of Harvard Business School and Columbia University in 2003) started the consumer tech venture capital firm in 2016 after a brief time as investment bankers at Goldman Sachs. The firm is named for the star cluster Messier 13.
M13 also has an in-house incubation studio called Launchpad, a virtual program designed to guide startups from concept ideation to market validation.[11] The effort includes Corporate sponsorship like Procter & Gamble and PepsiCo.[12]
References
- ↑ "M13 - Crunchbase Investor Profile & Investments". Crunchbase. Retrieved 2021-01-09.
- ↑ Peretz, Marissa. "A VC Star Is Reimagining the Role of the Venture Capitalist". Forbes. Retrieved 2021-01-09.
- ↑ Mascarenhas, Natasha (2019-10-15). "M13 Raises $175M Fund II To Invest In Early Stage Consumer Tech". Crunchbase News. Retrieved 2021-01-09.
- ↑ "Courtney Reum, Co-Founder of M13, on Hustle, Reputation, and Investing in Extraordinary Companies". The Proof. Retrieved 2021-01-09.
- ↑ "Quibi's $2 billion bet on mobile video fizzles out". www.spglobal.com. Retrieved 2021-01-09.
- ↑ "Venture firm M13 names former Techstars LA managing director, Anna Barber, as its newest partner". TechCrunch. Retrieved 2021-01-12.
- ↑ FinSMEs (2019-10-16). "M13 Closes Second Venture Capital Fund, at Over $175M". FinSMEs. Retrieved 2021-01-09.
- ↑ "M13 To Invest In Emerging Consumer Tech Companies With New $175 Million Fund". Pulse 2.0. 2019-10-22. Retrieved 2021-01-09.
- ↑ "M13 Inventments". Market Screener.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Everything We Know About Paris Hilton's Boyfriend Carter Reum". TheThings. 2020-11-11. Retrieved 2021-01-09.
- ↑ "M13's Launchpad Announces New Founder-in-Residence Program". www.businesswire.com. 2020-12-16. Retrieved 2021-01-12.
- ↑ "PepsiCo signs on to sponsor new founder-in-residence program from M13". TechCrunch. Retrieved 2021-01-12.
External links
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