Ring Ventures Community Newsletter — May 2022

Content at the intersection of entrepreneurship, venture capital, and our Texas A&M community.

Written by

Larry Warnock

Published on

IN THIS ISSUE: Join Ring’s 2022 Fund, follow-on investment from Ring’s portfolio, Managing Partner Larry Warnock (’83) interviewed for Ideas to Invoices podcast, and more.

Ring Ventures’ 2022 Fund Now Open

Interested investors should create an account and login to Ring’s data room to access all fund materials. If you have any investing questions, connect with us for a short 1×1 call.

New to the fund? Sign up here.

Ring Ventures Portfolio Updates

Below is a recent follow-on investment made by Ring Ventures in Austin-based SourceDay. Investors in Ring’s 2022 Fund will own SourceDay as part of a diversified portfolio of ~20-30 promising, venture-backed companies — many with a Texas A&M connection.1

SourceDay, co-founded by CEO Tom Kieley (’04), has developed a sales management platform that automates the process of fulfilling purchase order requests via cloud software alternatives. Ring participated in the company’s $12.5 million Series B led by Baird Capital, as well as a $31.5 million Series C led by Norwest Venture Partners. Learn More »

Ideas to Invoices Podcast: Larry Warnock

Managing Partner Larry Warnock (’83) recently appeared on the Ideas to Invoices podcast presented by SiliconHills, a technology news outlet covering Austin and San Antonio. Larry discussed his background, why he joined Ring Ventures, and how the fund is providing accredited Aggies with access to diversified venture portfolios. Listen Here »

FOR CURRENT INVESTORS

Thinking of becoming an investor? Access Materials »

Semi-Annual Investor Reports

Our latest Investor Reports are now available. These are semi-annual updates covering our fund’s performance and some of the exciting steps our portfolio companies have taken over the past ~6 months. Visit our Club portal to view your reports and read other exclusive updates from Managing Partner Larry Warnock (’83) and our team.

Campus and Community Update

Texas A&M announced the Maj. Gen. Raymond L. Murray ’35 Corps of Scholarship as part of a goal to grow its current enrollment to 3,000 cadets. The scholarship, which will begin in the 2022-23 academic year, will cover cost of tuition and fees for new and continuing out-of-state students in the Corps of Cadets. Read More »

What’s New at Alumni Ventures

AV portfolio company Axiom Space became the first organization to deliver an all-private crew of astronauts to the International Space Station. Watch exclusive footage our team captured during the launch. Read More »

AV Talent Referrals

Interested in joining a cutting-edge startup or know someone who might be? Our portfolio companies are growing and always looking for high-caliber talent. Check out their open positions on our job board. If you find a match, fill out this short form, and we will try to make a personal referral. Visit Job Board »

Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.

1Past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and this fund involves substantial risk of loss, including loss of all capital invested. To see the performance of each exited investment for all Alumni Ventures funds over the last twelve months and our historical performance since 2014, click here.