Romulus Capital

Romulus Capital
Private
Industry Venture capital
Founded 2008
Founders Krishna K. Gupta, Anantshree Chaturvedi, Cankut Durgun, Neil Chheda
Headquarters Cambridge, Massachusetts, United States
Products Venture capital
Total assets $150 million
Website www.romuluscap.com

Romulus Capital is an early-stage venture capital firm. Based in Cambridge, Massachusetts, Romulus invests in and builds early-stage technology and science-enabled businesses. Its name comes from the mythical Romulus, the founder of Rome.

History

The firm was founded in 2008 by Krishna K. Gupta while at the Massachusetts Institute of Technology.[1] Romulus was co-founded by Anantshree Chaturvedi and Cankut Durgun and has built a strong portfolio of seed-stage companies since its inception.[2] In 2012, Romulus brought on Neil Chheda to help lead its second fund, which it closed in 2014 with $50M.[3]

In 2015, Romulus' managing partners were named to the Forbes 30 Under 30 List for Venture Capital.[4]

Investments

Romulus has often partnered with companies utilizing technology to solve problems in various verticals[5] including Placester (real estate IT), E la Carte (restaurant IT), Cohealo (healthcare IT), ClassPass (fitness IT), EquipmentShare (construction IT), Estify (auto repair IT), Aila (retail IT), and others.[6]

Romulus also has deep experience with machine learning/artificial intelligence companies, as it has partnered with Cogito, Humanyze, and Ginger.io out of the MIT Media Lab.

Romulus has approximately $150M in assets under management. Half of its capital comes from US-based investors, and the other half comes from abroad, split across Western Europe, the Middle East, and East Asia.

References

  1. ↑ "Romulus, in a venture to make capital out of ideas". Hindustan Times. Retrieved May 4, 2016.
  2. ↑ Huang, Gregory. "Romulus Looks to Redefine Seed-Stage VC With $50M Fund". Xconomy. Retrieved May 4, 2016.
  3. ↑ Bernard, Gillis. "26-Year-Old MIT Alum Raises $50M For His Own Venture Firm". BostInno. Retrieved May 4, 2016.
  4. ↑ Konrad, Alex. "30 Under 30: The Top Young Investors of Venture Capital". Forbes. Retrieved May 4, 2016.
  5. ↑ Gormley, Brian. "Seed Investor Romulus Seeks $50M Second Fund for Tech, Health-Care Startups". Wall Street Journal. Retrieved May 4, 2016.
  6. ↑ Harris, David. "Meet Krishna Gupta: The 26-year-old MIT alum behind VC firm Romulus Capital". Boston Business Journal. Retrieved May 4, 2016.
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