RPS Ventures

Overview

RPS Ventures is a late-stage technology venture capital firm based in Palo Alto, California, that invests in high-growth companies led by exceptional teams in transformative markets.¹²³ It provides financial and strategic support, leveraging a network of global relationships to aid portfolio growth, with investments including RentTheRunway, Molekule, Meesho, Glovo, Versa Networks, and Arturo.¹²

History

RPS Ventures was established in 2018 as a collaborative venture between Blue Pool Capital, SoftBank Group, and Jerry Yang.²⁵ The firm focuses on late-stage investments in technology sectors such as software, consumer services, and financial services across the US and globally.¹⁵ It manages five private equity funds targeting expansion, late-stage, and early-stage seed strategies, primarily in North America.⁵

Notable Products

• RentTheRunway investment - Investment in rental fashion platform.
• Molekule investment - Investment in air purification technology company.
• Meesho investment - Investment in Indian social commerce platform.
• Glovo investment - Investment in on-demand delivery service.
• Versa Networks investment - Investment in cybersecurity and networking solutions.
• Arturo investment - Investment in AI-powered insurance analytics.

Reputation

RPS Ventures is recognized by industry databases for its focus on late-stage tech investments and collaborations with major players like SoftBank.²⁵ Professionals note its small team and access to global networks as strengths for portfolio support.¹³ Limited public reviews exist due to its specialized VC nature.¹