# Refinery Ventures: portfolio, investments and team > Refinery Ventures is a vc firm based in United States. 3 investments on record, latest Sept 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/refinery-ventures (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Refinery Ventures Filed with the SEC to raise a fund in Nov 2024, closing $11M. Last cheque observed Sep 2019. Email Quiet New fund $11M, Nov 2024 VC firm Seed Series A Series B Healthcare Human_capital Media Follow Refinery Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Frefinery-ventures) Cheques on record **0%** of best year **0** **cheques in 12 months**, 3 on record Since the last cheque **2593** days **00** hrs **00** min **00** sec Median round **$5.7M** Rounds led **1 of 3** Pitch Refinery Ventures ## Refinery Ventures highlights - 01 3 rounds on record - 02 Mostly Seed: 100% of its rounds - 03 Led 1 rounds ## What they do > Refinery is a venture capital firm that invests in companies on a trajectory towards Series A. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Up to $5.0M as they say - **Stages:** Seed Series A Series B - **Sectors:** Healthcare Human_capital Media - **Based in:** Cincinnati, United States - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **3 appearances** - **2019** 2 rounds - **Sept** **[Astronomer](https://millionrounds.com/company/astronomer)** Seed · US · FinSMEs **$5.7M** With 6 others - **May** **[Folio Photonics](https://millionrounds.com/company/folio-photonics)** Seed · US · FinSMEs **$8.0M** *Led* - **2018** 1 round - **Feb** **[Engage Talent](https://millionrounds.com/company/engage-talent)** US · FinSMEs **$3.0M** With 2 others 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 **2 named** TS **Tim Schigel** Manager of Refinery Management, LLC, which is General Partner i Filing they signed TS **Timothy Schigel** Managing Partner i Form ADV We also hold **9** 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 **$55M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** Refinery Ventures Management, LLC - **SEC number:** CRD 330622 New fund on file **$11M** raised in Nov 2024 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Seed Series A Series B Median round joined **$5.7M** the round, not its cheque Led 1 of 3 rounds **33%** - **Said size:** Up to $5.0M - **Sole investor:** Never alone - **Last cheque:** Sept 2019 Rounds by stage said on their site - Seed said *2* - Series A said *-* - Series B said *-* Cheques by year Led Joined 2018 2019 Often in the room with - [Grand Ventures](https://millionrounds.com/fund/grand-ventures) 2 **Pitching Refinery Ventures?** 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 Refinery Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Grand Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/grand-ventures) ## Recently backed The latest companies Refinery Ventures put money into. [**Astronomer** $5.7M · Sept 2019](https://millionrounds.com/company/astronomer)[**Folio Photonics** $8.0M · May 2019](https://millionrounds.com/company/folio-photonics)[**Engage Talent** $3.0M · Feb 2018](https://millionrounds.com/company/engage-talent) ## Quick answers about Refinery Ventures ### What does Refinery Ventures invest in? Refinery Ventures invests most often at Seed (100% of the rounds on record), in sectors such as Healthcare, Human_capital and Media. ### How active is Refinery Ventures? 3 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Sept 2019. ### What has Refinery Ventures invested in recently? Its most recent investments on record: Astronomer (Seed, Sept 2019), Folio Photonics (Seed, May 2019) and Engage Talent (Undisclosed round, Feb 2018). ### How big are Refinery Ventures's cheques? The median round it joins is $5.7M. ### Is Refinery Ventures investing now? No investments in the last 12 months; the latest was in Sept 2019. ### Who does Refinery Ventures invest alongside? Most often Grand Ventures (2 rounds together). ### What kind of investor is Refinery Ventures? Refinery Ventures is a VC firm based in Cincinnati, United States. ### How much does Refinery Ventures manage? About $55M, as gross assets of its private funds (Oct 2026). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. 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