RiverPark Ventures

What RiverPark Ventures does

RiverPark Ventures (legal entity: RiverPark Ventures, LP) is a New York-based early-stage venture capital fund manager founded by entrepreneurs to invest in entrepreneurs. The firm writes first checks of $500K-$1.5M and growth checks of $1M-$25M into 80+ active portfolio companies, applying a thesis that prioritizes founder quality, marketplace and recurring-revenue business models, and capital-efficient execution. It is a wholly owned arm of RiverPark Funds, a privately owned, SEC-regulated asset management firm with over $1B of stated AUM (and up to $3B+) across fixed-income and equity strategies, which provides research capability, industry contacts, and back-office, accounting, reporting, and compliance support. RiverPark PMs also co-invest in RPV funds and often participate in early-stage meetings.

The portfolio spans consumer brands, marketplaces, healthcare, fintech, AI infrastructure, gov-tech, and deep tech. Notable outcomes include Clear Secure (NYSE IPO at $4.5B valuation), Via ($3.5B valuation), Solace Health ($1B+ unicorn), Redesign Health ($1.7B), Radish (acquired by Kakao Entertainment for $440M), and Coterie (acquired by Mammoth Brands for over $1B). Leadership is anchored by operator-investors: Managing Partner Andy Appelbaum (co-founder of Seamless), CEO of the parent Morty Schaja (formerly President/COO of Baron Capital, where he scaled AUM from $40M to $15B), Partner Spencer Krug, Principal Danny Cohen, COO Kenny Gilison, and CFO Paul Genova.

RiverPark Ventures generates revenue through traditional fund economics — 2% management fees on committed capital and 20% carry above the hurdle — and differentiates on operator-pedigree deal judgment, network-driven sourcing, and the institutional infrastructure of its parent. It operates a Getro-powered job board (jobs.riverparkvc.com) spanning 79 portfolio companies as a portfolio-support and talent-network infrastructure layer. The firm is headquartered at 156 West 56th Street, 17th Floor, New York.

Name

RiverPark Ventures

Legal name

RiverPark Ventures, LP

Website

https://riverparkvc.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

RiverPark Ventures is a New York-based early-stage venture capital fund manager (RiverPark Ventures, LP), wholly owned by RiverPark Funds, that invests in high-growth, operator-led companies across consumer, healthcare, fintech, AI, and deep tech via first checks of $500K-$1.5M and growth checks up to $25M.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSANAAAB

Early-Stage Venture Capital (Series A/B)

Financial & Insurance/Private Equity & Venture Capital/Venture Capital Firms

Keywords

• Venture capital fund
• Early stage investing
• Growth equity
• Startup funding
• Seed capital

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fund Management: RiverPark Ventures generates revenue through traditional VC fund economics including management fees (typically 2% of committed capital) and performance fees/carry (typically 20% of fund returns above the hurdle rate). The firm also benefits from its relationship with RiverPark Funds, a multi-strategy investment firm with over $3 billion in AUM.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

RiverPark Ventures is an early-stage venture capital fund manager that invests first checks of $500K-$1.5M and growth checks of $1M-$25M into high-growth, disruptive businesses with proven business models. The firm additionally provides portfolio companies with operational guidance, strategic support, and access to a deep network of entrepreneurs, LPs, and RiverPark Funds public-market portfolio managers.

Product overview

RiverPark Ventures operates as an early-stage venture capital fund manager founded by entrepreneurs to invest in entrepreneurs. The firm focuses on high-growth, disruptive businesses with innovative products and proven business models across sectors where upside potential is significant. The firm manages investments through its core fund (providing first checks of $500K-$1.5M and growth checks up to $25M), maintains a portfolio of 80+ active investments, and operates a job board network connecting talent with its portfolio companies. The firm also provides operational guidance drawing on its founders' operator experience and extensive industry relationships.

Differentiator

Problem solved

Functional benefit

Products and services

• RiverPark Ventures Fund
• Investment Advisory and Operational Support
• Portfolio Company Job Board

Quantifiable outcome

• Multiple unicorn portfolio companies including Via ($3.5B valuation), Clear Secure (IPO at $4.5B valuation), Solace ($1B+ valuation)

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• RiverPark FundscoreStrategic or Co-development PartnerRiverPark Ventures is part of the RiverPark Funds group, a privately owned asset management firm with over $1 billion in AUM across fixed-income and equity strategies. RiverPark provides research capability, industry contacts, and administrative support including back office, accounting, reporting and compliance functions.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Founder Collective: Early-stage venture capital firm founded by operators, focused on seed-stage investments in enterprise and consumer technology. Comparable founder-led culture, similar check sizes, and a parallel thesis on capital efficiency.
• Lerer Hippeau: NYC-based early-stage VC writing first checks into consumer and enterprise startups. Operates with an operator-investor philosophy very similar to RiverPark Ventures, with comparable check sizes and a thesis around marketplace and technology-enabled businesses.
• Collaborative Fund: Early-stage venture capital firm investing in companies that contribute to social, environmental, and economic betterment. Direct co-investor with RiverPark Ventures (e.g., Good Girl Snacks) and competes for similar consumer-and-purpose-driven deals.
• BoxGroup: NYC-based early-stage VC writing seed checks into technology startups. Comparable in geography, stage focus, and check-size range, with a similarly relationship-driven sourcing model.
• Work-Bench: NYC-based early-stage VC focused on enterprise B2B software. Overlaps with RiverPark's enterprise technology thesis and competes in the same NYC early-stage ecosystem.
• Betaworks: NYC-based startup studio and seed investor focused on consumer internet and applied AI. Operates in the same early-stage NYC ecosystem with comparable check sizes and a founder-supportive culture.
• Notation Capital: NYC-based pre-seed and seed VC. Operates in overlapping early-stage NYC deal flow with comparable thesis around technical founders and capital-efficient business models.
• First Round Capital: Seed-stage venture capital firm based in NYC and San Francisco. Strong early-stage brand, similar check sizes to RiverPark's first checks, and a focus on community-driven deal sourcing that parallels RiverPark's organic, relationship-based approach.
• Eniac Ventures: NYC-based seed-stage VC leading rounds in mobile, SaaS, and consumer startups. Comparable check sizes, stage focus, and geography, with a similar thesis on early traction and capital efficiency.

Broad incumbents

• Greycroft: Larger multi-stage VC with consumer and enterprise focus. Operates broadly across early and growth stages, competing with RiverPark on early-stage consumer and marketplace deals while also writing larger checks at later stages.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/riverpark-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments289 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RiverPark Ventures