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Draft:M13 Investments

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    The disambiguation page for the primary name is M13 (disambiguation). Robert McClenon (talk) 02:22, 21 June 2024 (UTC)


M13 Investments (Founded 2016, Santa Monica, California) is an venture capital investment firm founded by brothers Carter and Courtney Reum (husband to Paris Hilton).[1][2] They are early-round investors in notable companies such as Pinterest, Snapchat, Slack, Bonobos, Lyft, Pinterest, Coinbase, Daily Harvest, Thrive Market, Rothy’s, Ring, Cabify, Classpass, Scopely, Cue and Bird.[3][4][5] It is also known for acquiring investors such as Sir Richard Branson, Silas Chou, Tony Robbins, and Arianna Huffington.[6][7] The firms early investments in over 100 startup companies has produced an industry-known portfolio estimated at $280b (2023).[8][9][10]

History[edit]

Founded by brothers Carter and Courtney Reum (Harvard Business School and Columbia University) who started the firm after a brief time as investment bankers at Goldman Sachs.[10][11] The brothers sold their alcohol spirits business in 2016 to the beverage company Luxco.[12][13] They then decided to focus on providing Seed, Series A, and Series B+ rounds in emerging companies.[14][15] The firm is named for the star cluster Messier 13.

References[edit]

  1. ^ Peretz, Marissa. "A VC Star Is Reimagining the Role of the Venture Capitalist". Forbes. Retrieved 2021-01-09.
  2. ^ ScottDClary.com (2023-08-10). "Courtney Reum - Best-Selling Author & Co-Founder of M13 | Shortcut Your Startup - ScottDClary.com". Retrieved 2024-06-19.
  3. ^ "Invest with M13 's Syndicate". venture.angellist.com. Retrieved 2024-06-19.
  4. ^ "‎Taste Radio: Ep. 108: Why M13, Investor in KeVita, Lyft & Snap, Wants More Brands to Be 'Techable' on Apple Podcasts". Apple Podcasts. Retrieved 2024-06-19.
  5. ^ "Courtney Reum, Co-Founder of M13, on Hustle, Reputation, and Investing in Extraordinary Companies". The Proof. Retrieved 2021-01-09.
  6. ^ "An exclusive look inside a leading VC firm backed by Richard Branson". Yahoo Finance. 2019-10-15. Retrieved 2024-06-19.
  7. ^ FinSMEs (2019-10-16). "M13 Closes Second Venture Capital Fund, at Over $175M". FinSMEs. Retrieved 2024-06-19.
  8. ^ "A peek into the operational side of an innovative fund M13".
  9. ^ "M13 Inventments". Market Screener. 16 December 2020.
  10. ^ a b "M13 Raises $175m in VC". www.bizjournals.com. Retrieved 2021-01-09.
  11. ^ Szkutak, Rebecca. "M13 Raises $400 Million For Its Latest Fund, Sounding A Clarion Call For Real World Experience". Forbes. Retrieved 2024-06-19.
  12. ^ Laviola, Erin (2020-09-14). "Carter Reum, Paris Hilton's Husband: 5 Fast Facts You Need to Know". Heavy.com. Retrieved 2024-06-19.
  13. ^ "Luxco to Acquire VEEV Spirits". BevNET.com. 2016-03-22. Retrieved 2024-06-19.
  14. ^ FinSMEs (2019-10-16). "M13 Closes Second Venture Capital Fund, at Over $175M". FinSMEs. Retrieved 2021-01-09.
  15. ^ "M13 To Invest In Emerging Consumer Tech Companies With New $175 Million Fund". Pulse 2.0. 2019-10-22. Retrieved 2021-01-09.