# Rubicon Founders: portfolio, investments and team

> Rubicon Founders is a private equity based in United States. 1 investment on record, latest Jul 2024. Portfolio, stages, co-investors and team.

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

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

# Rubicon Founders

Filed with the SEC to raise a fund in Aug 2026, closing $149M. Last cheque observed Jul 2024.

Quiet New fund $149M, Aug 2026 Private equity

Seed Series A Growth Healthcare

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **840** days **00** hrs **00** min **00** sec

Median round **$200M** Rounds led **0 of 1**

Pitch Rubicon Founders

## Rubicon Founders highlights

- 01 1 rounds on record
- 02 Mostly Growth: 100% of its rounds

## What they do

> Rubicon is an entrepreneurial healthcare investment firm focused on building and growing transformational companies. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Growth
- **Sectors:** Healthcare
- **Based in:** Nashville, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2024** 1 round
- **Jul** **[HarmonyCares](https://millionrounds.com/company/harmonycares)** Growth · US · Firms' own news pages **$200M** With 7 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 **9 named**

AS **Adam Seth Boehler** Managing Partner of Manager i Filing they signed

AS **Austin Smith** Chief Operating Officer of General Partner i Filing they signed

CM **Cory Merrill Reno** Secretary of General Partner i Filing they signed

DM **David M. Glaccum** President of General Partner i Filing they signed

EM **Elise Morrissey** Treasurer of General Partner i Filing they signed

JW **Jason Winsten** Managing Member of the GP i Filing they signed

JH **John Hodge** Managing Member of the GP i Filing they signed

SC **Steve Carpenter** Managing Member of the GP i Filing they signed

TE **Todd Edward Nice** Chief Financial Officer and Chief Compliance Officer i Form ADV

We also hold **7** 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

**$2.3B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Rubicon Founders LLC
- **SEC number:** CRD 315631

Funds on its Form ADV

**12** private funds, **$1.8B** in gross assets · filed Nov 2024

- Rubicon Fund II L.P. *Private equity* 42 investors $893M
- Rubicon Founders Opportunity Fund I, L.P. *Private equity* 64 investors $533M
- Rubicon Founders Opportunity Fund I Co-Invest, L.P. *Private equity* 19 investors $116M
- RF-PUMA Co-Invest A, L.P. *Private equity* 2 investors $52M
- RF-Evergreen Co-Invest, L.P. *Private equity* 12 investors $40M
- RF-CH SPV, L.P. *Private equity* 4 investors $35M
- Rubicon Founders Credit Opportunities Fund I, L.P. *Private equity* 4 investors $32M
- RF-Evergreen SPV, L.P. *Private equity* 2 investors $29M
- RF-Honest Co-Invest, L.P. *Private equity* 7 investors $28M
- RF-PUMA Co-Invest, L.P. *Private equity* 4 investors $15M

And 2 more on the filing.

New fund on file

**$149M**

raised in Aug 2026

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

## The cheque

Seed Series A Growth

Median round joined **$200M** the round, not its cheque

Led 0 of 1 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jul 2024

Rounds by stage said on their site

- Growth said *1*
- Seed said *-*
- Series A said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

**Pitching Rubicon Founders?** 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 *→*

## Recently backed

The latest companies Rubicon Founders put money into.

[**HarmonyCares** $200M · Jul 2024](https://millionrounds.com/company/harmonycares)

## Quick answers about Rubicon Founders

### What does Rubicon Founders invest in?

Rubicon Founders invests most often at Growth (100% of the rounds on record), in sectors such as Healthcare.

### How active is Rubicon Founders?

1 investments on record, 0 of them in the last 12 months. The most recent was in Jul 2024.

### What has Rubicon Founders invested in recently?

Its most recent investments on record: HarmonyCares (Growth, Jul 2024).

### How big are Rubicon Founders's cheques?

The median round it joins is $200M.

### Is Rubicon Founders investing now?

No investments in the last 12 months; the latest was in Jul 2024.

### What kind of investor is Rubicon Founders?

Rubicon Founders is a private equity firm based in Nashville, United States.

### How much does Rubicon Founders manage?

About $2.3B, as regulatory assets under management (Oct 2026).

### Has Rubicon Founders raised a new fund?

Its latest fund filing with the SEC was in Aug 2026, reporting $149M raised.

## 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. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=rubicon-founders) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=rubicon-founders)
