# RPM Ventures: portfolio, investments and team

> RPM Ventures is a vc firm based in United States. 46 investments on record, 1 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

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

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

# RPM Ventures

Last cheque observed Sep 2026; 46 cheques on record.

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Deploying now New fund $23M, Sept 2026 VC firm

Seed Series A Series B Insurance B2b2c Transportation

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 46 on record

Since the last cheque **38** days **00** hrs **00** min **00** sec

Median round **$40M** Cheque size, as they say **$100K – $5.0M** Rounds led **1 of 46** Sole investor **3 rounds** Exits **9 from the portfolio** Mostly in **United States, 100%**

Pitch RPM Ventures

## RPM Ventures highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series A and Seed: 48% of its rounds
- 03 Sole investor in 3 rounds, median $5.6M
- 04 9 exits from the portfolio

## What they do

> RPM Ventures is an early stage venture capital firm that has been investing in revolutionary businesses for two decades. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Insurance B2b2c Transportation
- **Based in:** Ann Arbor, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **46 appearances**

- **2026** 1 round
- **Sept** **[Hubble Network](https://millionrounds.com/company/hubble-network)** Series C · US · TechStartups **$200M** With 7 others
- **2024** 1 round
- **Nov** **[Firefly Aerospace](https://millionrounds.com/company/firefly-aerospace)** Series D · US · TechCrunch **$175M** *Led*
- **2019** 5 rounds
- **Dec** **[Figure](https://millionrounds.com/company/figure)** Series C · US · FinSMEs **$103M** With 7 others
- **Sept** **[Amava](https://millionrounds.com/company/amava)** US · FinSMEs **$6.2M** Sole investor
- **Jul** **[Hippoe Insurance](https://millionrounds.com/company/hippoe-insurance)** Series D · US · FinSMEs **$100M** With 13 others
- **Feb** **[Figure Technologies](https://millionrounds.com/company/figure-technologies)** Series B · US · FinSMEs **$65M** With 7 others
- **Jan** **[Avinew](https://millionrounds.com/company/avinew)** Seed · US · FinSMEs **$5.0M** With 2 others
- **2018** 2 rounds
- **Oct** **[Deliv](https://millionrounds.com/company/deliv)** Series C · US · FinSMEs **$40M** With 7 others
- **Jun** **[Convey](https://millionrounds.com/company/convey)** Series C · US · FinSMEs **$10M** With 6 others
- **2017** 1 round
- **Aug** **[Convey](https://millionrounds.com/company/convey)** Series B · US · FinSMEs **$8.3M** With 1 other
- **2016** 1 round
- **Sept** **[DailyPay](https://millionrounds.com/company/dailypay)** Series A · US · FinSMEs **$5.0M** Sole investor
- **2015** 2 rounds
- **Sept** **[Roost](https://millionrounds.com/company/roost)** Series A · US **$5.5M** With 4 others
- **Aug** **[Able Lending](https://millionrounds.com/company/able-lending)** Series A · US **$6.0M** With 5 others
- **2014** 4 rounds
- **Sept** **[Qzzr](https://millionrounds.com/company/qzzr)** Seed · US **$2.0M** With 3 others
- **May** **[SupportPay](https://millionrounds.com/company/supportpay)** Seed · US **$1.1M** With 5 others
- **Feb** **[Deliv](https://millionrounds.com/company/deliv)** Series A · US **$4.5M** With 7 others
- **Feb** **[ArborMetrix](https://millionrounds.com/company/arbormetrix)** Series B · US **$1.3M** With 2 others
- **2013** 5 rounds
- **Oct** **[BountyJobs](https://millionrounds.com/company/bountyjobs)** Series D · US · sec.gov **$4.5M** With 1 other
- **Sept** **[Deliv](https://millionrounds.com/company/deliv)** Series A · US · techcrunch.com **$6.8M** With 11 others
- **Jul** **[ArborMetrix](https://millionrounds.com/company/arbormetrix)** Series B · US · finsmes.com **$7.0M** With 2 others
- **May** **[Luvocracy](https://millionrounds.com/company/luvocracy)** Series A · US · techcrunch.com **$11M** With 11 others
- **Jan** **[Janrain](https://millionrounds.com/company/janrain)** Series C · US · techcrunch.com **$33M** With 7 others
- **2012** 2 rounds
- **Nov** **[Xtime](https://millionrounds.com/company/xtime)** Venture · US · finsmes.com **$23M** With 4 others
- **May** **[Mojo Motors](https://millionrounds.com/company/mojo-motors)** Series A · US · techcrunch.com **$3.0M** With 2 others
- **2011** 4 rounds
- **Dec** **[Wide Open Spaces](https://millionrounds.com/company/wide-open-spaces)** Seed · US **$1.0M** With 2 others
- **Sept** **[BountyJobs](https://millionrounds.com/company/bountyjobs)** Venture · US · techcrunch.com **$5.0M** With 2 others
- **Jul** **[Caterva](https://millionrounds.com/company/caterva)** Seed · US · news.yahoo.com **$1.2M** With 2 others
- **Mar** **[Giftly](https://millionrounds.com/company/giftly)** Seed · US · techcrunch.com **$2.8M** With 5 others
- **2010** 2 rounds
- **Oct** **[Kabongo](https://millionrounds.com/company/kabongo)** Venture · US · venturebeat.com **$1.1M** With 1 other
- **Feb** **[Mojo Motors](https://millionrounds.com/company/mojo-motors)** Seed · US **$1.7M** With 4 others
- **2009** 3 rounds
- **Dec** **[Janrain](https://millionrounds.com/company/janrain)** Series A · US · nwinnovation.com **$3.3M** With 2 others
- **Nov** **[Glyde](https://millionrounds.com/company/glyde)** US · rpmvc.com **Undisclosed** Sole investor
- **Aug** **[Kabongo](https://millionrounds.com/company/kabongo)** Series A · US · kabongo.com **Undisclosed** With 2 others
- **2008** 3 rounds
- **Dec** **[OPENLANE](https://millionrounds.com/company/openlane)** Venture · US · venturebeat.com **$10M** With 2 others
- **Nov** **[TetraVitae Bioscience](https://millionrounds.com/company/tetravitae-bioscience)** Series A · US **$6.3M** With 2 others
- **Jan** **[RiverGlass, Inc.](https://millionrounds.com/company/riverglass-inc)** Venture · US · venturebeat.com **$2.4M** With 2 others
- **2007** 6 rounds
- **Dec** **[Mobius Microsystems](https://millionrounds.com/company/mobius-microsystems)** Series B · US · venturebeat.com **$10M** With 2 others
- **Nov** **[Arbor Photonics](https://millionrounds.com/company/arbor-photonics)** Seed · US · ns.umich.edu **$200K** With 1 other
- **Aug** **[Vizionware](https://millionrounds.com/company/vizionware)** Series B · US **$8.2M** With 6 others
- **Jul** **[Symwave](https://millionrounds.com/company/symwave)** Series C · US · mywire.com **$12M** With 3 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 **4 named**

AG **Adam Gilbert Boyden** Managing Member of the General Partner i Filing they signed

AD **Anthony David Grover** Managing Member of the General Partner i Filing they signed

MD **Marc David Weiser** Managing Member of the General Partner i Filing they signed

TG **Tony Grover** Managing Member of the General Partner i Filing they signed

We also hold **8** 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

**$920M** gross assets of its funds Oct 2026

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

- **Legal name:** RPM Ventures III Management, L.L.C.
- **SEC number:** CRD 283398

## What they claim to have backed

From their own portfolio page (on their website)

**7** of 12 we have independently watched raise

[Axiom Space](https://millionrounds.com/company/axiom-space)[Cesium Astro](https://millionrounds.com/company/cesiumastro)[DailyPay logo DailyPay](https://millionrounds.com/company/dailypay)[Family-first](https://millionrounds.com/company/family-first)[Hubble Logo Hubble](https://millionrounds.com/company/hubble-network)[Mobi](https://millionrounds.com/company/mobi)[Players Health](https://millionrounds.com/company/player-s-health) Coterie logo Coterie Findigs logo Findigs For Limited Partners Overalls logo Overalls Wyndetryst

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.

## Exits from the portfolio

Companies it backed that were later bought or listed **9 in all**

**[Xtime](https://millionrounds.com/company/xtime)** Bought by [Cox Automotive](https://millionrounds.com/fund/cox-automotive) **$325M** Nov 2014

**[Luvocracy](https://millionrounds.com/company/luvocracy)** Bought by WalmartLabs **Undisclosed** Jul 2014

**[Giftly](https://millionrounds.com/company/giftly)** Bought by GiftCards.com **Undisclosed** May 2013

**[Arbor Photonics](https://millionrounds.com/company/arbor-photonics)** Bought by nLIGHT Corp. **Undisclosed** Jan 2013

**[TetraVitae Bioscience](https://millionrounds.com/company/tetravitae-bioscience)** Bought by [Eastman Chemical Company](https://millionrounds.com/fund/eastman-chemical-company) **Undisclosed** Nov 2011

**[OPENLANE](https://millionrounds.com/company/openlane)** Bought by KAR Auction Services **$210M** Aug 2011

**[Symwave](https://millionrounds.com/company/symwave)** Bought by SMSC **$8.3M** Nov 2010

**[Mobius Microsystems](https://millionrounds.com/company/mobius-microsystems)** Bought by IDT **Undisclosed** Jan 2010

**[Applimation](https://millionrounds.com/company/applimation)** Bought by [Informatica](https://millionrounds.com/fund/informatica) **$40M** Feb 2009

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$23M**

raised in Sept 2026

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 **$40M** the round, not its cheque Alone, median **$5.6M**

Led 1 of 46 rounds **2%**

- **Said size:** $100K – $5.0M
- **Sole investor:** 3 rounds
- **Last cheque:** Sept 2026
- **Exits:** 9 from the portfolio

Rounds by stage said on their site

- Series A said *13*
- Seed said *8*
- Series B said *8*
- Series C *7*
- Venture *5*
- Series D *3*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Illinois Ventures](https://millionrounds.com/fund/illinois-ventures) 5
- [Mercury Fund](https://millionrounds.com/fund/mercury-fund) 4
- [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) 3
- [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) 3
- [Anthem Venture Partners](https://millionrounds.com/fund/anthem-ventures-fund-lp) 2
- [Country Insurance & Financial Services](https://millionrounds.com/fund/country-insurance-and-financial-services) 2

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

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## Who they invest alongside

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

[**Illinois Ventures** Government **5** rounds together](https://millionrounds.com/fund/illinois-ventures)[**Mercury Fund** VC firm **4** rounds together](https://millionrounds.com/fund/mercury-fund)[**DCM Ventures** Private equity **3** rounds together](https://millionrounds.com/fund/dcm-ventures)[**Upfront Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/upfront-ventures)[**Anthem Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/anthem-ventures-fund-lp)[**Country Insurance & Financial Services** Investment firm **2** rounds together](https://millionrounds.com/fund/country-insurance-and-financial-services)[**DFJ Frontier** Investment firm **2** rounds together](https://millionrounds.com/fund/dfj-frontier)[**Digital Currency Group** VC firm **2** rounds together](https://millionrounds.com/fund/digital-currency-group)[**Foundation Capital** VC firm **2** rounds together](https://millionrounds.com/fund/foundation-capital)[**General Catalyst** VC firm **2** rounds together](https://millionrounds.com/fund/general-catalyst)[**General Growth Properties, Inc.** Corporate VC **2** rounds together](https://millionrounds.com/fund/general-growth-properties-inc)[**Greylock** VC firm **2** rounds together](https://millionrounds.com/fund/greylock-partners)

## Recently backed

The latest companies RPM Ventures put money into.

[**Hubble Network** $200M · Sept 2026](https://millionrounds.com/company/hubble-network)[**Firefly Aerospace** $175M · Nov 2024](https://millionrounds.com/company/firefly-aerospace)[**Figure** $103M · Dec 2019](https://millionrounds.com/company/figure)[**Avinew** $5.0M · Jan 2019](https://millionrounds.com/company/avinew)[**Deliv** $40M · Oct 2018](https://millionrounds.com/company/deliv)[**DailyPay** $5.0M · Sept 2016](https://millionrounds.com/company/dailypay)

## Quick answers about RPM Ventures

### What does RPM Ventures invest in?

RPM Ventures invests most often at Series A and Seed (48% of the rounds on record), in sectors such as Insurance, B2b2c and Transportation.

### How active is RPM Ventures?

46 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

### What has RPM Ventures invested in recently?

Its most recent investments on record: Hubble Network (Series C, Sept 2026), Firefly Aerospace (Series D, Nov 2024) and Figure (Series C, Dec 2019).

### How big are RPM Ventures's cheques?

The median round it joins is $40M. It says it writes cheques of $100K to $5.0M.

### Does RPM Ventures lead rounds?

Sometimes: it led 1 of its 46 investments on record (2%).

### Where does RPM Ventures invest?

Most of the companies it backs are in the United States (100%).

### Is RPM Ventures investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does RPM Ventures invest alongside?

Most often Illinois Ventures (5 rounds together), Mercury Fund (4 rounds together) and DCM Ventures (3 rounds together).

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