Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Rubicon Venture Capital is a bi-coastal venture capital firm with a presence in San Francisco and New York. The firm historically focused on backing late seed, Series A, and Series B technology companies. Rubicon emphasizes a strong network of entrepreneurs, angels, corporates, family offices, and institutional limited partners (LPs) to support its portfolio companies. This network provides not only capital but also essential resources such as follow-on investments, partnerships, talent acquisition, customer connections, advisory boards, and exit strategies.
Founded with the mission to invest in high-potential disruptive technology companies, Rubicon has historically targeted sectors including fintech, insurtech, hospitality tech, marketing tech, big data, AI/machine learning, enterprise SaaS, B2B, and B2C. The firm has been known for its collaborative approach, leveraging its extensive network to enhance the growth potential of its investments.
Despite its historical significance, recent research indicates that Rubicon Venture Capital may be inactive as a standalone fund. The official website is currently non-functional, and the last recorded investment activity dates back to May 2019. Founders seeking capital should verify the current status of the firm and consider reaching out to its historical partners, who may now be affiliated with other platforms.
Rubicon Venture Capital's investment strategy centers on high-potential disruptive technology companies, particularly those in the late seed to Series B stages. The firm typically invests between $250,000 and $5 million, focusing on sectors such as fintech, insurtech, SaaS, AI, consumer products, logistics, marketing, and proptech. This diverse sector focus allows Rubicon to engage with a wide range of innovative startups that are poised for growth.
The firm seeks companies that demonstrate significant traction, often looking for those with at least $1 million in annual recurring revenue (ARR). Rubicon's historical thesis emphasizes the importance of a value-added investor network, which can provide portfolio companies with critical resources for scaling, including follow-on capital, strategic partnerships, and access to a broader customer base.
Geographically, Rubicon primarily targets startups based in North America, particularly within the United States. The firm has a history of co-investing alongside other venture capitalists, which enhances its ability to support portfolio companies through collaborative funding and shared expertise.
Rubicon Venture Capital has historically invested in a variety of notable companies across different sectors. Some of the key portfolio companies include:
These companies reflect Rubicon's commitment to investing in innovative solutions across various technology verticals, particularly those that disrupt traditional markets.
Andrew Romans — Co-Founder / General Partner. Romans has a background in venture capital and has held roles at The Global TeleExchange, Georgetown Venture Partners, and Georgetown Angels. He is currently a General Partner at 7BC Venture Capital.
Joshua B. Siegel — Co-Founder / General Partner. Siegel has transitioned to Founding General Partner at Acronym VC after his tenure at Rubicon. He specializes in sourcing, evaluation, and corporate development.
Don Carlson — Partner. Carlson has been associated with Rubicon and has experience in venture capital, although specific details about his current role are not verified.
Don Galles — Partner. Galles has also been listed among Rubicon's team members, with a background in venture capital.
Mat Kaliski — Principal. Kaliski has moved to Acronym VC after serving as a principal at Rubicon, where he contributed to investment decisions and portfolio management.
As of April 2026, Rubicon Venture Capital's official website is not operational, and the firm is considered likely inactive. The last recorded investment activity was in May 2019, with participation in rounds for companies such as EasyKnock and Confiant.
Despite the inactivity of the firm, its historical principals, Andrew Romans and Joshua Siegel, are currently involved with 7BC Venture Capital and Acronym VC, respectively. This transition suggests that founders seeking investment should consider these newer platforms for potential funding opportunities.
Recent updates on LinkedIn indicate that while Rubicon's standalone activities may have ceased, its former partners continue to engage with the venture capital community through other ventures.
What are Rubicon Venture Capital's investment criteria?
Rubicon focuses on high-potential disruptive technology companies in the late seed to Series B stages. They typically invest between $250,000 and $5 million and look for companies with significant traction, often requiring at least $1 million in annual recurring revenue (ARR).
How can founders pitch to Rubicon?
Founders should prepare a detailed pitch deck that outlines their business model, market opportunity, traction, and how they plan to utilize the investment. While specific application channels are not currently available, reaching out through professional networks may yield results.
What makes Rubicon different from other venture capital firms?
Rubicon emphasizes a strong network of advisors and co-investors, which provides portfolio companies with access to follow-on capital, strategic partnerships, and guidance for growth and exits. This collaborative approach is a key differentiator.
What is Rubicon's geographic focus?
Rubicon primarily invests in North America, with a particular emphasis on the United States. They have historically been active in both San Francisco and New York.
What sectors does Rubicon invest in?
Rubicon has a diverse sector focus, including fintech, insurtech, SaaS, AI, consumer products, logistics, marketing, and proptech. This broad range allows them to engage with various innovative startups.
What is Rubicon's post-investment involvement like?
Rubicon provides not just capital but also access to a network of advisors and co-investors, enabling portfolio companies to secure follow-on investments, strategic partnerships, and guidance for growth and exits.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.