Red & Blue Ventures
Venture capitalPhiladelphia · Seed–Series A · 6 people tracked
Also known as RED & BLUE MANAGEMENT COMPANY, LLC
Investment thesis
Red + Blue Ventures backs seed and early-stage startups tied to the Penn ecosystem, typically founded or led by Penn students, faculty, or alumni, or built on intellectual property originating at Penn. The fund primarily targets the information technology industry, defined broadly to include hardware, software, ecommerce, and technology-enabled services serving businesses or consumers. It will consider opportunities outside these areas when a company has a strong Penn connection and a syndicate of co-investors with deep domain expertise. Managed by Penn alumni, the firm is independent of and not affiliated with the University of Pennsylvania.
Source: firm website, verified Aug 11, 2026.
Team · 6 people
from the firm's website & public directories
What they invest in
from 20 of 31 portfolio companiesConsumer ×6E-commerce ×5AI & Machine Learning ×4Direct to Consumer ×4Healthtech ×4Digital Health ×3FoodTech ×3Retail Tech ×3
HQs:United States×12
Investments · 31 tracked
founders shown can be your intro pathBy year:2024 · 12021 · 12020 · 12015 · 14 dated
Walmart is a multinational retail corporation operating an e-commerce platform and physical stores offering a wide range of consumer products including apparel, electronics, home goods, and groceries.
ConsumerE-commerceRetail Tech
Warby Parker is a direct-to-consumer eyewear retailer offering prescription eyeglasses, sunglasses, contacts, and eye exams at affordable prices, with a home try-on service and flexible return policy.
Direct to ConsumerRetail Tech
MD Ally partners with public safety agencies and payers to integrate virtual care and telehealth services into 911 and EMS systems, enabling dispatchers to route non-emergent patients to appropriate care resources in real-time.
Digital HealthHealthtechPhiladelphia, US
Kojo Degraft-Hanson(Director)Shanel Fields(Executive Officer, Director)
Board seatBrett Topche· per SEC Form D
AptDeco is an online marketplace where users buy and sell used furniture with integrated delivery services.
Circular EconomyConsumerE-commerceLogistics & Supply ChainMarketplacesNew York City, US
Reham Fagiri(Founder/CEO)inKalam Dennis(Founder)in
BoardBrett Topche(Director)
BDG is a media and content company that produces premium digital and print publications including Bustle, NYLON, Scary Mommy, and W Magazine.
Creator EconomyMedia & Entertainment
Burrow designs and sells modular furniture with an emphasis on quality, affordability, and fast delivery.
ConsumerE-commerceNew York City, US
Stephen Kuhl(Founder/CEO)inKabeer Chopra(Founder)inSteven Finnern(Executive Officer)
BoardTony Florence(Director)
Chef Robotics builds robots and an AI operating system (ChefOS) for food preparation and meal assembly, addressing labor shortages in food manufacturing.
AI & Machine LearningFoodTechRobotics
Rajat Bhageria(Founder & CEO)
Colugo is a direct-to-consumer baby gear brand offering products for parents such as compact strollers, baby carriers, clip-on high chairs, diaper bags, and related accessories.
ConsumerDirect to ConsumerE-commerce
Bazaarvoice is a user-generated content platform that helps e-commerce brands and retailers collect, distribute, and analyze customer reviews, photos, and social content across digital channels and retail partners.
E-commerceMarketing TechRetail TechSaaSAustin, US
Nick Shiftan(Executive Officer, Director)Harry Weller(Director)Apu Gupta(Executive Officer, Director, Promoter)Dayna Grayson(Director)
goTenna builds mesh networking hardware and software for off-grid connectivity in mission-critical operations.
Defense TechHardwareIoTBrooklyn, US
John Levy(Director)Daniela Perdomo(Executive Officer, Director)
BoardLarry Marcus(Director)
Philadelphia, US
Jane Fisher(Executive Officer, Director, Promoter)Jenna Kerner(Executive Officer, Director, Promoter)
NeuroFlow builds behavioral health integration platforms that identify population behavioral health risk, engage individuals with acuity-specific resources, and give care teams data to make decisions.
AI & Machine LearningDigital HealthHealthtechMental HealthPhiladelphia, US
Alan Wayne Tamarelli(Director)Christopher Molaro(Co-founder & CEO)Adam Pardes(Co-founder)
GameMaker platform integrated with Adobe Express.
Primary makes and sells children's clothing in a variety of colors and designs.
ConsumerDirect to Consumer
Newline by Fifth Third Bank is an embedded finance platform offering a single API for payments (ACH, wires, book transfers, Real-Time Payments), commercial credit and prepaid debit card issuing, and FDIC-insured deposit accounts.
Enterprise SoftwareFintechSaaS
Shinkei deploys robotics and computer vision hardware on commercial fishing vessels to process seafood at sea, improving quality and traceability while reducing America's seafood import reliance.
Advanced ManufacturingAgTechAI & Machine LearningFoodTechHardwareRoboticsLos Angeles, US
Saif Khawaja(Founder)in
Strella Biotech develops high-tech sensors that monitor ethylene gas to track the ripening of fruits and vegetables, with current deployment monitoring 15% of U.S. apples.
AgTechBiotechFoodTechSeattle, US
Katherine Sizov(Executive Officer, Director)Jacob Jordan(Executive Officer, Director, Promoter)Jay
BoardEric Linn(Director)Nolan Paul(Director)Brett Topche(Director)
Cloud kitchen platform and in-person cafeterias delivering curated meals.
New York, US
Marc Lore(Executive Officer, Director, Promoter)Antony Hoggett(Executive Officer)Jay Naik(Executive Officer)Andrew Gasper(Executive Officer)Gabrielle Rabinovitch(Executive Officer)
BoardDave Munichiello(Director)
Enspire for Enterprise provides digital marketing and technology solutions for multi-location businesses, franchises, and small-to-medium enterprises across healthcare, fitness, real estate, professional services, sports, and automotive sectors.
Enterprise SoftwareMarketing TechSaaS
Exits · 3
IPOs and acquisitions across the tracked portfolioExyn TechnologiesNASDAQ: EXYNWalmartNASDAQ: WMTWarby ParkerNYSE: WRBY
Portfolio news
latest coverage across their companiesWarby Parker · finance.yahoo.com · Jul 18, 2026
Walmart · pulse2.com · Jul 18, 2026
HAVENLY · permitgrab.com · Jul 17, 2026
Wonder Group · nosh.com · Jul 16, 2026
Primary Kids clothing essentials · notllocal.com · Jul 13, 2026
Shinkei Systems · venture5.com · Jun 27, 2026
goTenna · finsmes.com · Nov 13, 2025
Chef Robotics · roboticsandautomationnews.com · Apr 6, 2025
Frequently asked questions
- What stage does Red & Blue Ventures invest at?
- Red & Blue Ventures invests at the Seed, Series A stages.
- What is Red & Blue Ventures's typical check size?
- Red & Blue Ventures typically writes checks of $250K.
- What sectors does Red & Blue Ventures focus on?
- Red & Blue Ventures focuses on Consumer, Data & Infrastructure, E-commerce, Enterprise Software, Hardware, Media & Entertainment, SaaS.
- Where is Red & Blue Ventures located?
- Red & Blue Ventures is headquartered in Philadelphia, US.
- Does Red & Blue Ventures lead rounds?
- Yes, Red & Blue Ventures leads investment rounds.
Co-investors · 1
New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.
Firms observed investing alongside Red & Blue Ventures, from public investor directories. Shared companies are the overlap with Red & Blue Ventures's recorded portfolio.
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