VC  Rackhouse Ventures

https://rackhouse.vc/





     Office Locations:

7 Claremont Place
Menlo Park, CA 94025
Phone: 734-395-0489

 

Stages:

  • Early
  • Seed


 

Industries:

  • Information Technology
  • Software & Internet

  •  

    Description:

    Rackhouse Ventures is an early-stage venture capital management firm that focuses on founders and firms that sit at the intersection of AI/ML and the real world. Rackhouse backs data founders, regardless of sector or geography. Firm founder, Kevin Novak, is a serial entrepreneur, data scientist, and investor who lives in Menlo Park, CA. He served as Uber's first Head of Data Science, its first Head of Data Science Platform, and was one of the early members of a Uber Freight (Uber's innovative freight marketplace). Kevin was the inventor of Uber's dynamic pricing product, and holds several patents.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription or Silicon Valley Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription or Silicon Valley Database subscription.
    Kevin Novak Founder

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      09/17/2021


      Sorcero


      DC


      $10,000,000


      Series A


      08/24/2021


      Breef


      NY


      $3,500,000


      


     

    Portfolio companies include:


      Bandit ML


      BlueSpot


      Breef
        web link


      Corrily


      Decodable


      Fishtail


      Kanarys


      Mozart Data


      Pogo


      Porter


      Sayso


      Sorcero
        web link


      Unstruk


      Zingeroo


     

    Recent News: