Ring Ventures Fund Update 2023
We highlight new leadership, opportunities to connect, and portfolio news as we prepare to launch Ring Ventures Fund 3
We are preparing to launch Ring Ventures Fund 3 in May and look forward to building another diversified venture portfolio. In the meantime, check below for a note from Larry Warnock (’83) about his new role as Managing Partner Emeritus. We also share a video introducing Managing Partner Rob Adams, details on our upcoming investor-only webinar, and investment highlights from Ring’s first two vintages.
Join Ring Ventures Fund 3
Ring Ventures provides the Texas A&M community with access to network-powered venture capital. Learn how accredited investors can join this year’s fund and own a diversified portfolio of ~20-30 promising, venture-backed companies, many with an Aggie connection.
New to the fund? Sign up here.
A Note From Larry Warnock (’83)
Howdy Ags,
As many of you already know, I have taken a new role as Managing Partner Emeritus of Ring Ventures, and Rob Adams has joined the team as Managing Partner. All this means is that you now have two tenured investment professionals on board to oversee Ring’s portfolio, both with a strong track record and understanding of the history and future of venture investing.
Rob is new to the Ring team, but not to Alumni Ventures — he also serves as Managing Partner of Congress Avenue Ventures. Rob is a seasoned VC investor and has been running funds since the late 1990s. Prior to Congress Avenue, Rob taught entrepreneurship in the MBA program at the University of Texas at Austin, served as Director of Texas Venture Labs, ran two separate institutional funds for Austin Ventures, and founded and/or financed more than 200 companies.
Rob will manage the day to day and guide the other members of the Ring team. Meanwhile, I will be involved in deploying capital, taking calls from Aggies interested in investing, and managing our relationship with Texas A&M University. I will continue to interact directly with the various organizations at Texas A&M, including the McFerrin Center for Entrepreneurship (where I serve on the Advisory Board) and the Chancellor’s office.
If you have any questions, please feel free to book a call. Also, don’t miss the opportunity to interact with Rob and I during one of our upcoming webinars. We will provide an overview of venture capital, our portfolio, and how you can join this year’s fund — Ring Ventures Fund 3.
Gig ’em,
Managing Partner Emeritus
Ring Ventures | Alumni Ventures
Meet Managing Partner Rob Adams
See video policy below.
Rob Adams has over 30 years of experience as an entrepreneur and institutional fund investor and has founded or financed more than 200 companies. Prior to Alumni Ventures, Rob taught entrepreneurship in the MBA program at the University of Texas at Austin, served as Director of Texas Venture Labs, and ran two separate institutional funds for Austin Ventures. Watch this video to learn more about his background and role as Managing Partner for Congress Avenue Ventures and Ring Ventures. Watch Video »
Webinar: Ring Ventures Investor Updates
Wednesday, April 19, 1:00 PM CT | Wednesday, May 17, 1:00 PM CT
Join us for two live, investor-only presentations, hosted by Managing Partner Rob Adams and Managing Partner Emeritus Larry Warnock. Rob and Larry will review Ring’s performance, highlight investments from our portfolio, and preview Fund 3, followed by an open Q&A. Investors should look for an email invite with more details and a link to register, or contact [email protected] for more information.
Ring Ventures Portfolio Highlights
See below for details on two of Ring’s most promising investments — both founded by Texas A&M Former Students. You can also click below to review all our public portfolio companies in Ring Funds 1 and 2.*
SourceDay, co-founded by CEO Tom Kieley (’04), offers a cloud-based software solution that automates procurement and purchase order management for manufacturers and distributors. Ring invested in a $31.5 million series C led by Norwest Venture Partners and a $12.5 million Series B led by Baird Capital. Read More »
Venus Aerospace, co-founded by CEO Sassie Duggleby (’01) and CTO Andrew Duggleby (’02), is developing a hypersonic plane to improve global travel, enabling passengers to travel across the globe in just an hour. Ring invested in a $20 million Series A and a $3 million seed round, both led by Prime Movers Lab. Read More »
Join Ring Ventures Fund 3
Ring Ventures provides the Texas A&M community with access to network-powered venture capital. Learn how accredited investors can join this year’s fund and own a diversified portfolio of ~20-30 promising, venture-backed companies, many with an Aggie connection.
New to the fund? Sign up here.
Contact [email protected] for additional information. To see additional risk factors and investment considerations, visit av-funds.com/disclosures.
*These investments are for illustration purposes only. These investments are not intended to suggest any level of investment returns; not necessarily indicative of investments invested by any one fund or investor. Many returns in investments result in the loss of capital invested. These investments are not available to future fund investors except potentially in certain follow-on investment options.