Description
Robin Hood Ventures (RHV) is a member-led angel investment group based in Philadelphia, Pennsylvania, USA, focused on backing early-stage, high-growth startups across software, healthcare IT, life sciences, hardtech, and related sectors. The group has been actively investing since 1999 and works by syndicating deals with other angel investors, institutional venture capitalists, and strategic partners to support founder growth.
Pre-Seed / Seed: A core part of RHV’s activity; they invest early with initial capital to help startups gain traction.
Seed / Series A: Participates in seed through Series A, often as part of larger syndicates alongside other investors.
Typical Check Size: ~$250,000–$1,000,000 per company in early rounds.
Typical Ownership Taken: RHV does not publish a fixed ownership percentage it targets across deals. However, as an angel group participating in seed/early Series A rounds, the equity position from their investment typically falls within the standard early investor range for syndicates of this size — which is generally ~5%–15% total from all participating angels in a round, with RHV’s own share allocated based on the portion of the round it subscribes to. Industry norms for angel syndicates suggest minority non-controlling stakes consistent with this range. (No specific percent target is publicly disclosed for RHV itself.)
Equity Structure: Standard early-stage instruments such as preferred equity, convertible notes, or SAFE lines up with typical seed/Series A terms.
Board/Governance: RHV may take board or observer seats when deeply involved in a round, contributing strategic guidance and expertise.
Submission Method: Founders apply via the RHV online application and are reviewed for fit with the group’s investment criteria; pitch events and screening with members follow.
Syndication: RHV often co-invests alongside broader investor syndicates to close larger rounds.
Eligibility
Sector Focus: Broad high-growth sectors including software, healthcare IT, biotech/life sciences, consumer tech, and industrial/advanced tech.
Geography: U.S.-based startups, with a strong emphasis on Greater Philadelphia/Mid-Atlantic companies.
Stage: Pre-Seed through Series A, prioritizing scalable, venture-backable opportunities.
Company Profile: Venture-scale startups with strong founding teams and market potential.
Process
Initial Intake: Founder pitch decks and materials are evaluated for growth potential, market fit, and team strength.
Screening: Presentations to members at scheduled investor meetings with opportunity for Q&A.
Due Diligence: Interested members conduct diligence (market, team, product, financials) before committing capital.
Deal Structuring: Terms negotiated in collaboration with founders and syndicate participants.
What an Applicant can Obtain
Strategic Capital: Angel capital to support early growth and milestones.
Mentorship & Network: Hands-on support, board involvement, and introductions to co-investors and ecosystem partners.
Follow-On Funding: Participation in later rounds alongside other institutional investors as the company scales