Red Sea Ventures is a New York City-based venture capital firm that focuses on early-stage investments in technology-enabled companies. The firm typically invests in startups that are building next-generation experiences for consumers and workers, with a particular emphasis on sectors such as next-gen commerce, the future of work, future living, and consumer health. Their investment rounds primarily include Seed and Series A stages.
Notable portfolio companies of Red Sea Ventures include Allbirds, Sweetgreen, Convoy, and Nest Labs. The firm is led by founding partner Scott Birnbaum, a French-American entrepreneur. Red Sea Ventures prides itself on its investment philosophy of supporting innovative and transformative startups. They offer unique value-add services to their portfolio companies, including strategic guidance and access to a robust network of industry contacts.
Red Sea Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Total Investments60
Current Portfolio Count42
Total Portfolio Exits1
Top Investment Stages
Seed28 (50.0%)
Series A22 (39.3%)
Pre-Seed2 (3.6%)
Series B2 (3.6%)
Series Unknown2 (3.6%)
Stage Mix
Seed 50%Series A 39%Pre-Seed 4%Series B 4%Series Unknown 4%
Concentration shown as share of disclosed investments by stage.
Red Sea Ventures - Classification
- NAICS
- 520000Finance and Insurance
- 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- 523900Other Financial Investment Activities
- 523990All Other Financial Investment Activities
- 523999Miscellaneous Financial Investment Activities
- SIC
- 6700Holding And Other Investment Offices
- 6790Miscellaneous Investing
- 6799Investors, Not Elsewhere Classified
Show 6 more industry codes
- NAICS
- 525000Funds, Trusts, and Other Financial Vehicles
- 523910Miscellaneous Intermediation
- 523940Portfolio Management and Investment Advice
- SIC
- 6000Depository Institutions
- 6720Investment Offices
- 6722Management Investment Offices, Open-end