RiverPark Ventures
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.
- Company typePrivate
- Founded-
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
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.
RiverPark Ventures firmographics
Firmographics- 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
RiverPark Ventures industry classification
Industry- 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 primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
Keywords
Where RiverPark Ventures is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
RiverPark Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- 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
RiverPark Ventures product offering
Product offeringCore 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)
Companies that use RiverPark Ventures
Customer profileSegments2 records
Ideal customer profiles2 records
RiverPark Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
RiverPark Ventures partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- RiverPark FundscoreRiverPark 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
RiverPark Ventures competitors and assessment
Company assessmentDirect 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
RiverPark Ventures social profiles
Digital presenceRiverPark Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
RiverPark Ventures leadership team
Management profileNumber of profiles
Profiles9 records
RiverPark Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RiverPark Ventures M&A and investment
M&A and investmentM&A
Investments289 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RiverPark Ventures
What does RiverPark Ventures do?
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.
Is RiverPark Ventures a public or private company?
RiverPark Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was RiverPark Ventures founded?
RiverPark Ventures was founded in -1. It employs 11 to 50 people.
Where is RiverPark Ventures based?
RiverPark Ventures is headquartered in New York, United States, in the North America region.
How does RiverPark Ventures make money?
One revenue line is on record: fund Management.
Who are RiverPark Ventures's main competitors?
Direct peers on record are Founder Collective, Lerer Hippeau, Collaborative Fund, BoxGroup, Work-Bench, Betaworks, Notation Capital, First Round Capital and Eniac Ventures. Greycroft is listed as a broad incumbent.
Does RiverPark Ventures have an API?
No public API is recorded for RiverPark Ventures.
What industry is RiverPark Ventures in?
RiverPark Ventures's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B). Its NAICS code is 523940 and its SIC code is 6282.