Investor Type | Firm |
Industries | A.I. (& Big Data) • Woman Focused |
Stages | Pre-Seed, Seed, Series A |
Investing | United States |
Investment Range | $1,000,000 - $2,000,000 |
Investment Sweet Spot | $1,300,000 |
Rackhouse Venture Capital is an investment fund that specializes in early-stage investments, targeting startups in the A.I. and Big Data industries. They offer financial backing, operational support, and strategic guidance to innovative companies. With a diverse team of experienced partners and venture partners, who have backgrounds in data science, engineering, operational strategy, talent acquisition, and entrepreneurship, the fund leverages its deep expertise to support startups. Rackhouse Venture Capital operates with investment minimums of $100,000 and maximums of $1,000,000, having a sweet spot of $500,000 for their investments. They focus on investment stages ranging from Pre-Seed to Seed and Series A rounds. Kevin Novak, founder of Rackhouse VC, is known for his role as Uber's first head of Data Science and inventor of Uber's dynamic pricing product. Other notable team members include Brendan Baker, a partner with experience in venture systems and advising founders, and Jan Crisostomo, Operating Partner with expertise in recruiting functions. The investment team is complemented by investors like Priyanka Rao, with operational and startup experience, and venture partners such as Kofi Asante, who is experienced in strategy and business development. The firm's platform and community efforts are led by Toni Alejandria, and they employ a fractional CFO, Molly Nasky, for financial advisory. Venture partners like Tom Charman, David Gorcey, Dakin Gunn, Zack Isaacson, and Silvanus Lee bring a wealth of experience from various fields such as data science, talent acquisition, enterprise partnerships, and technical team building. Rackhouse Ventures emphasizes operational efficiency and innovation in their work, with team members like Emma Michaelson as Chief Executive Assistant. Their site showcases a light-hearted touch with the inclusion of Pepper, the 'Chief Barketing Officer,' reflecting their approachable and spirited company culture. Rackhouse Ventures is based in Menlo Park, USA, and aims to empower a new wave of data-centric startups to scale and succeed.