# Rebel Fund: portfolio, investments and team

> Rebel Fund is a vc firm based in United States. 200 investments on record, 77 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/rebel-fund (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Rebel Fund

Last cheque observed Oct 2026; 200 cheques on record.

Email

Deploying now New fund $43M, Mar 2026 VC firm

Pre-seed Seed Series A AI & Machine Learning Advertising (AdTech) Apps

Follow Rebel Fund and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Frebel-fund)

Deploying now

**94%** of best year **77** **cheques in 12 months**, 200 on record

Since the last cheque **18** days **00** hrs **00** min **00** sec

Median round **$2.3M** Cheque size, as they say **$100K – $5.0M** Rounds led **0 of 200** Sole investor **9 rounds** Mostly in **United States, 78%**

Pitch Rebel Fund

## Rebel Fund highlights

- 01 77 cheques in the last 12 months
- 02 Mostly Seed and Venture: 66% of its rounds
- 03 Sole investor in 9 rounds, median $500K

## What they do

> Rebel aims to invest in the top 10% of startups (top 0.06% of applicants) from Y Combinator From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** AI & Machine Learning Advertising (AdTech) Apps
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **200 appearances**

- **2026** 65 rounds
- **Oct** **[Lightsprint](https://millionrounds.com/company/lightsprint)** Seed · US · The SaaS News **$6.1M** With 5 others
- **Sept** **[Rapidfolio](https://millionrounds.com/company/rapidfolio)** Venture · US **Undisclosed** With 1 other
- **Sept** **[ProvenMetal](https://millionrounds.com/company/provenmetal)** Seed · US **$500K** With 1 other
- **Sept** **[Ultrasonium](https://millionrounds.com/company/ultrasonium)** Venture · US **Undisclosed** With 1 other
- **Sept** **[Guild](https://millionrounds.com/company/guild)** Pre-seed · US **$500K** With 1 other
- **Sept** **[Locke](https://millionrounds.com/company/locke)** Pre-seed · US **$500K** With 1 other
- **Sept** **[Maingen](https://millionrounds.com/company/maingen)** Pre-seed · US **$500K** Sole investor
- **Sept** **[TryNearby](https://millionrounds.com/company/trynearby)** Pre-seed · US **$500K** With 1 other
- **Sept** **[Billow AI](https://millionrounds.com/company/billow-ai)** Venture · US **Undisclosed** With 1 other
- **Sept** **[Bravi](https://millionrounds.com/company/bravi)** Pre-seed · FR **$1.8M** With 1 other
- **Sept** **[Mochi](https://millionrounds.com/company/mochi)** Venture · US **Undisclosed** With 1 other
- **Sept** **[Pango AI](https://millionrounds.com/company/pango-ai)** Venture · SE **Undisclosed** With 1 other
- **Sept** **[Avoca Systems](https://millionrounds.com/company/avoca-systems)** Seed · AU **$500K** With 1 other
- **Sept** **[Agency Tool Company](https://millionrounds.com/company/agency-tool-company)** Venture · US **Undisclosed** With 1 other
- **Sept** **[VideoGen](https://millionrounds.com/company/videogen)** Seed · US **$3.2M** With 3 others
- **Sept** **[Hop Aero](https://millionrounds.com/company/hop-aero)** Pre-seed · US **$500K** Sole investor
- **Aug** **[Ultra.tech](https://millionrounds.com/company/ultra-tech)** Venture · US **$57M** With 3 others
- **Jul** **[Dili](https://millionrounds.com/company/dili)** Series A · US · TechCrunch **$15M** With 7 others
- **Jul** **[Infinia](https://millionrounds.com/company/infinia)** Series A · UY · LatamList **$14M** With 9 others
- **Jul** **[Casco](https://millionrounds.com/company/casco)** Series A · US **$13M** With 3 others
- **Jun** **[Minicor](https://millionrounds.com/company/minicor)** Venture · US **Undisclosed** With 1 other
- **Jun** **[GojiberryAI](https://millionrounds.com/company/gojiberryai)** Pre-seed · FR **$500K** With 1 other
- **Jun** **[Lab0](https://millionrounds.com/company/lab0)** Venture · US **Undisclosed** With 1 other
- **Jun** **[AgentPhone](https://millionrounds.com/company/agentphone)** Venture · US **Undisclosed** With 1 other
- **Jun** **[OpenWork](https://millionrounds.com/company/openwork)** Venture · US **Undisclosed** With 1 other
- **Jun** **[Advanced Metal Research](https://millionrounds.com/company/advanced-metal-research)** Venture · US **Undisclosed** Sole investor
- **Jun** **[General Aviation](https://millionrounds.com/company/general-aviation)** Venture · US **Undisclosed** With 1 other
- **Jun** **[Dayjob](https://millionrounds.com/company/dayjob)** Pre-seed · GB **$500K** With 1 other
- **Jun** **[Keyframe Labs](https://millionrounds.com/company/keyframe-labs)** Venture · US **Undisclosed** With 1 other
- **Jun** **[Andco](https://millionrounds.com/company/andco)** Venture · US **Undisclosed** Sole investor
- **Jun** **[Cignara](https://millionrounds.com/company/cignara)** Venture · US **Undisclosed** With 1 other
- **Jun** **[Memory Store](https://millionrounds.com/company/memory-store)** Venture · US **Undisclosed** With 1 other
- **Jun** **[KugelAudio](https://millionrounds.com/company/kugelaudio)** Venture · DE **Undisclosed** With 1 other
- **Jun** **[Lightsprint](https://millionrounds.com/company/lightsprint)** Venture · US **Undisclosed** With 1 other
- **May** **[DIDIT](https://millionrounds.com/company/didit)** Venture · DE **Undisclosed** With 3 others
- **May** **[Lucis](https://millionrounds.com/company/lucis)** Series A · FR **$8.5M** With 4 others
- **May** **[Leadbay](https://millionrounds.com/company/leadbay)** Seed · US **$500K** With 3 others
- **May** **[Corvera.ai](https://millionrounds.com/company/corvera-ai)** Seed · US **$2.0M** With 2 others
- **Apr** **[AiSDR](https://millionrounds.com/company/aisdr)** Seed · US **$3.0M** With 3 others
- **Apr** **[Spotpay](https://millionrounds.com/company/spotpay)** Venture · US **Undisclosed** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

AR **Amanda Rothstein** Trustee of Liberty Trust i Form ADV

JH **Jared Heyman** Executive Officer i Filing they signed

JH **Jared Heyman Lee** Managing Partner i Form ADV

LR **Luis R Fortuno** Executive Officer i Filing they signed

We also hold **5** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$121M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Rebel Management, LLC
- **SEC number:** CRD 334378

## What they claim to have backed

From their own portfolio page (on their website)

**11** of 38 we have independently watched raise

[Advanced Metal Research (P26)](https://millionrounds.com/company/advanced-metal-research)[Agentic Labs (W24)](https://millionrounds.com/company/agentic-labs)[Andromeda Surgical (S23)](https://millionrounds.com/company/andromeda-surgical)[Apolink (F24)](https://millionrounds.com/company/apolink)[Apollo Group (W23)](https://millionrounds.com/company/apollo-group)[Arist](https://millionrounds.com/company/arist)[Array Labs (S22)](https://millionrounds.com/company/array-labs)[Axle Health (W21)](https://millionrounds.com/company/axle-health)[Bend (S22) Track](https://millionrounds.com/company/bend)[Capi Money (S23)](https://millionrounds.com/company/capi-money)[Cedalio (S23) The](https://millionrounds.com/company/cedalio) AccessOwl (S22) Aegis (X25) Agency Tool Company (S26) AgentPhone (P26) AiSDR (S23) Airbyte (W20) Aivideo Albedo (W21) Aleph Solutions (S21) Alga Biosciences (W22) Algen Biotechnologies (W20) Almond (X25) Almond (X25) Amiloz (W22) Anara (S24) Anchor (S22) Andco (P26) Anfin (W22) Armilla AI (W22) Atla (S23) Building Aviron Interactive (W21) Axle (S22) Axle Bamboo (W20) We're Betterhalf (W21) India's Fly Jeeves bags $110m Venn Acquires Zuma Ångström AI (S24)

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$43M**

raised in Mar 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$2.3M** the round, not its cheque Alone, median **$500K**

Led 0 of 200 rounds **0%**

- **Said size:** $100K – $5.0M
- **Sole investor:** 9 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed said *74*
- Venture *58*
- Pre-seed said *43*
- Series A said *21*
- Debt *2*
- Grant *1*
- Series B said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Y Combinator](https://millionrounds.com/fund/y-combinator) 177
- [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) 35
- [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) 13
- [Unpopular Ventures](https://millionrounds.com/fund/unpopular-ventures) 10
- [Soma Capital](https://millionrounds.com/fund/soma-capital) 9
- [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) 7

**Pitching Rebel Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Rebel Fund. A count of rooms they were both in, not a relationship either has claimed.

[**Y Combinator** Accelerator **177** rounds together](https://millionrounds.com/fund/y-combinator)[**Pioneer Fund** Private equity **35** rounds together](https://millionrounds.com/fund/pioneer-fund-2)[**Liquid 2 Ventures** VC firm **13** rounds together](https://millionrounds.com/fund/liquid-2-ventures)[**Unpopular Ventures** VC firm **10** rounds together](https://millionrounds.com/fund/unpopular-ventures)[**Soma Capital** VC firm **9** rounds together](https://millionrounds.com/fund/soma-capital)[**Goodwater Capital** VC firm **7** rounds together](https://millionrounds.com/fund/goodwater-capital)[**Team Ignite Ventures** VC firm **7** rounds together](https://millionrounds.com/fund/team-ignite-ventures)[**Karman Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/karman-ventures)[**Alumni Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**General Catalyst** VC firm **5** rounds together](https://millionrounds.com/fund/general-catalyst)[**Bossa Invest** VC firm **4** rounds together](https://millionrounds.com/fund/bossa-invest)[**FundersClub** VC firm **4** rounds together](https://millionrounds.com/fund/fundersclub)

## Recently backed

The latest companies Rebel Fund put money into.

[**ProvenMetal** $500K · Sept 2026](https://millionrounds.com/company/provenmetal)[**Ultrasonium** Sept 2026](https://millionrounds.com/company/ultrasonium)[**TryNearby** $500K · Sept 2026](https://millionrounds.com/company/trynearby)[**Avoca Systems** $500K · Sept 2026](https://millionrounds.com/company/avoca-systems)[**Agency Tool Company** Sept 2026](https://millionrounds.com/company/agency-tool-company)[**VideoGen** $3.2M · Sept 2026](https://millionrounds.com/company/videogen)

## Quick answers about Rebel Fund

### What does Rebel Fund invest in?

Rebel Fund invests most often at Seed and Venture (66% of the rounds on record), in sectors such as AI & Machine Learning, Advertising (AdTech) and Apps.

### How active is Rebel Fund?

200 investments on record, 77 of them in the last 12 months. The most recent was in Oct 2026.

### What has Rebel Fund invested in recently?

Its most recent investments on record: Lightsprint (Seed, Oct 2026), Rapidfolio (Venture, Sept 2026) and ProvenMetal (Seed, Sept 2026).

### How big are Rebel Fund's cheques?

The median round it joins is $2.3M. It says it writes cheques of $100K to $5.0M.

### Does Rebel Fund lead rounds?

Rarely, if at all: none of its 200 investments on record names it as the lead.

### Where does Rebel Fund invest?

Most of the companies it backs are in the United States (78%), France (8%) and Germany (5%).

### Is Rebel Fund investing now?

Yes: it is actively investing, with 77 investments in the last 12 months.

### Who does Rebel Fund invest alongside?

Most often Y Combinator (177 rounds together), Pioneer Fund (35 rounds together) and Liquid 2 Ventures (13 rounds together).

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